Uganda’s economy is forecast to expand by 10.4 percent by the end of the 2026/2027 financial year, up from an estimated 6.6 ...
Having failed to get pledged funding from the Export-Import Bank of China for the long-delayed $2.2-billion, 273-km (170-mile) Standard Gauge Railway (SGR) project, Uganda has ended its contract with ...
Uganda is preparing to start construction of two multibillion-dollar projects on the Nile River, despite complaints by Egypt that one of the projects will reduce Egypt’s share of the river’s water.
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Vitol Deal Revives Uganda’s $4 Billion Refinery Ambitions
Commodity trading giant Vitol will lend Uganda $2 billion to finance oil-related infrastructure, including a long-delayed ...
Uganda on Monday received the first batch of coated line pipes for the East African Crude Oil Pipeline, which was delivered to the main camp and pipe yard in Kyotera District, signalling the project ...
Analysis — Since 2006 when crude oil deposits were first confirmed in the Albertine Rift in mid-western Uganda, commercialization of the resource appears nearer than ever as The Independent's Ronald ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The final investment decision on a US$5.1-billion project involving French ...
The project “will continue as stipulated in the contract we have with TotalEnergies and CNOOC (China National Offshore Oil Corporation),” Uganda’s President Yoweri Museveni said on Twitter.
TotalEnergies (NYSE:TTE) said Wednesday it has started commercial drilling at its Tilenga petroleum project in Uganda, ahead of an expected start of oil production in the country in 2025.
Education remains tenuous in Uganda and across East Africa. In rural communities, where most people live, students must travel long distances to attend school and graduation rates are low, especially ...
In the peak afternoon sun, a pickup truck rumbles through the dirt track flanked on either side by rolling hills of neatly lined pine trees as far as the eye can see. At a clearing in the middle of ...
KAMPALA (Reuters) - Uganda projects public debt will surge to nearly half its annual economic output by June this year, driven by fresh borrowing to fund financial stimulus packages for its COVID-hit ...
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