Uganda Acquires 20% Stake in Kenya Pipeline Company
Uganda has acquired a 20.15% strategic stake in the Kenya Pipeline Company (KPC), marking a significant move to strengthen its energy security and regional cooperation. The development was confirmed by Minister Ruth Nankabirwa, the Ministry of Energy and Mineral Development, which revealed that through the Uganda National Oil Company (UNOC),
Uganda secures Shs 18.3 trillion funding for Oil pipeline
The company behind Uganda’s East African crude pipeline (EACOP) has secured its first tranche of external financing from a consortium of institutions, including commercial banks and Afreximbank, EACOP Ltd announced on Wednesday. EACOP is a key component of a broader $15 billion (Shs 18.3 trillion) energy initiative led by TotalEnergies,
