Oil
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News
Gov’t and Standard Chartered sign Shs 2.747 trillion agreements to finance key infrastructure projects
KAMPALA, January 31, 2026 — The Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth Shs 2.747 trillion to fund three major infrastructure projects aligned with the Government’s…
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News
Afreximbank bolsters Angola’s energy sector with a US$ 1.75bln facility for national oil company
CAIRO, January 29, 2026 — African Export-Import Bank [Afreximbank], working with other mandated lead arrangers, has successfully closed a US$ 1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.…
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Opinions & Commentary
Africa’s gas monetisation opportunity: Balancing exports and domestic demand
CAPE TOWN, January 25, 2026— Africa’s natural gas potential is undeniably significant, with the continent ranking second globally in terms of discovered but undeveloped gas resources. According to the African Energy Chamber’s…
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News
Buvuma: Over 1,500 affected by oil palm project
BUVUMA, January 22, 2026 –- The Ministry of Agriculture, Animal Industry and Fisheries [MAAIF] has begun compensating more than 1,504 people displaced by the National Oil Palm Project [NOPP] in Buvuma district.…
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Opinions & Commentary
What the United States-Venezuela Oil Shift Means for Caribbean Energy Markets
PARAMARIBO, January 20, 2026 — When the United States completed its first sale of Venezuelan oil this week, the US$ 500 million transaction reopened a geopolitical channel that had been largely dormant…
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News
Museveni highlights priority areas for investment of oil cash
KAMPALA, January 19, 2026 — President Yoweri Museveni has outlined key priority areas where Uganda’s anticipated oil revenues will be invested, emphasising long-term national development rather than short-term consumption. Museveni, who on…
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Africa
African Pipeline Projects: What’s Holding Up Development?
CAPE TOWN, December 3, 2025 — While Africa possesses vast hydrocarbon resources, decades of underdeveloped infrastructure continue to limit the economic potential of its oil and gas sector. In 2025, several major…
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News
Hoima leaders demand cocoa value-addition facility
HOIMA, December 16, 2025 — Leaders in Hoima district have appealed to President Yoweri Museveni to establish a cocoa processing factory in the area to enable farmers earn more through value addition.…
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News
Excitement as school dropout mothers gain vocational skills
KIKUUBE, December 1, 2025— More than 350 young people, mainly young mothers who dropped out of school due to their parents’ financial constraints in Kikuube district, now have reason to smile after…
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News
Uganda’s recoverable oil reserves rise to 1.65bln barrels
KAMPALA, November 24, 2025 — Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda…
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