The road from Kampala, the capital of Uganda, to Jinja, the site of Africa’s first electric bus factory, was packed with cars on a July morning. The traffic crawled. Breathing hurt your throat. Continue Reading
Government yesterday signed a multi-billion deal with the China Railway Seventh Group to design and construct Masindi-Biso, Kabaale-Kizirafumbi and Hohwa-Nyairongo-Kyarushesha-Butole road. The 97km road is part of the 700km critical Continue Reading
At least four in every 10 oil and gas contracts will be awarded to Ugandans, the government said yesterday. The Media Centre executive director, Mr Ofwono Opondo, said a Cabinet Continue Reading
The East African Crude Oil Pipeline is has already been completed and it holds great opportunities businesses can benefit from. Among the partners that played a role to make the Continue Reading
Japan’s Sumitomo Mitsui Banking Corporation Europe Ltd (SMBCE), Standard (Stanbic) Bank, and Industrial and Commercial Bank of China Limited (ICBC), the three financial advisors for France’s Total E&P, Uganda-Tanzania, and Continue Reading
Uganda will seek to join OPEC once the East African nation starts pumping crude out from Lake Albert oil fields along the western border with the Democratic Republic of Congo Continue Reading
An oil exploration tower in Lake Albert, Uganda. Total SA agreed to buy a stake in a project in Uganda from Tullow Oil Plc for $900 million as a recovery Continue Reading
The work towards the construction of a crude oil pipeline between Uganda and Tanzania is officially on, with project the developers inviting reputable contractors to undertake a social and resettlement Continue Reading
Government expects Tullow, Total, Cnooc to drill 500 wells Companies expected to start crude production in 2020 Uganda expects three oil companies to invest $8 billion in the East African Continue Reading
Uganda could dramatically overhaul its economy with the right management policies in place by the time oil starts flowing in 2018, the World Bank said. “If oil resources are well Continue Reading
