Uganda Should Reflect on Carbon Liabilities Ahead of First Oil Production
By John Peter Okwi As Uganda draws closer to produce it first oil, its bet to harness this resource coincides with a period of rising global carbon pricing, an economic reality that adds urgency to the case for a swift transition to clean energy. According to the World Bank’s recent
Absa pushes blended finance to unlock Uganda’s energy ambitions
Financial institutions must prioritise blended finance and bankable project structures to unlock Uganda’s long-term energy ambitions, Absa Bank Uganda chief financial officer Michael Segwaya said. Speaking at the 2nd Energy Convention held at Four Points by Sheraton in Kampala on July 24, Segwaya said access, affordability and project preparation remain the
Uganda, Tanzania Race to Fix Shs 9 Trillion Trade Imbalance
Uganda and Tanzania have agreed to eliminate all outstanding non-tariff barriers in an effort to rebalance a trade relationship currently weighed down by a Shs9 trillion ($2.4 billion) gap. The decision emerged from the fifth session of the Joint Permanent Commission where both countries agreed to move beyond diplomatic discussions
EACOP, Buganda Kingdom partner to Promote Tree Growing and Community Sports Centre
The East African Crude Oil Pipeline (EACOP) Ltd. and the Buganda Kingdom have today signed a Memorandum of Understanding (MoU) to strengthen their collaboration on environmental conservation and community development initiatives. The partnership will focus on two flagship projects: large-scale tree growing under the Kingdom’s Ekibira Kya Kabaka initiative, and
EACOP and China Petroleum Pipeline Launch Engineering Scholarship Program for Ugandan Students
The East African Crude Oil Pipeline (EACOP) Ltd., in collaboration with its Tier One contractor for Pipeline (PPL) construction and Above Ground Installations (AGI), China Petroleum Pipeline Ltd. (CPP), has launched a scholarship program aimed at supporting talented but underprivileged engineering students in Uganda. The program will benefit 28 students
