
AFC Invests $95.25 Million in Petroleum Logistics Infrastructure in Uganda
The African Finance Corporation has announced that it will invest $95.25 to finance the construction of two self-propelled barges for operation on Lake Victoria, Uganda.
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The African Finance Corporation has announced that it will invest $95.25 to finance the construction of two self-propelled barges for operation on Lake Victoria, Uganda.
Uganda partners with Russia and South Korea to build two new nuclear power plants.
A large-scale gold mine and refining facility in Uganda is due to commence operation in March 2024.
The Ugandan government is seeking investment partners for the development of a 60,000 barrel-per-day oil refinery.
Uganda has inked an agreement with South Sudan which would see the country supply electricity to its regional neighbor.
Ionic Rare Earths Limited progresses drilling works at Makuutu mine in Uganda as part of efforts to increase the project’s lifespan.
The European Investment Bank seeks to invest in Uganda’s economy as part of the European Union’s Global Gateway initiative.
Energy services provider Expro Group Holdings has announced a five-year Well Intervention and Integrity contract with TotalEnergies EP Uganda for the multi-well Tilenga project.
The Government of Uganda has awarded a $3.6 million contract to Elsewedy Electric Indonesia to reinforce the power transmission grid in the Kampala metropolitan area.
Uganda has given the greenlight for exploration works in the Turaco block, while drilling in the Kanywataba area has been extended for an additional two years.