Tag Archives: Uganda

Evaluating the Continued Need for Liquidity Instruments for IPPs as ATI Closes Phase 1 of its Regional Liquidity Support Facility (RLSF)

By Obbie Banda – Underwriter | Acting RLSF Coordinator, African Trade Insurance Agency (ATI) The African Trade Insurance Agency (ATI) issued the fifth policy under its Regional Liquidity Support Facility (RLSF) in support of the 7.8 MW Nyamwamba II Run-of-the-River hydropower plant in Uganda on 19 May 2022; closing Phase 1 of RLSF, a liquidity instrument jointly founded […]

Forex trading and the financial sector in Uganda

Uganda is a country situated in East-Central Africa with a potential of 42 million forex traders characterized by high diversity in terms of ethnicity and politics. As you may already know, its financial system consists of informal, formal, and semi formal institutions. Insurance companies, banks, and capital markets are examples of formal institutions, while loan […]

WINCH ENERGY OPENS CROWDFUNDING FOR OFF-GRID RENEWABLES

Leading off-grid renewable energy provider, Winch Energy, has opened its crowdfunding campaign to fund solar off grid developments that will connect more people in Sierra Leone and Uganda to clean and reliable power. This campaign enables individuals to invest in Africa’s growing clean energy market via Crowdcube from as little as £10. Winch Energy’s work strives to help […]

Creating a borderless agribusiness space in Uganda and across East Africa

Startup testimony Charles Bwanika, a new generation social entrepreneur Charles Bwanika is a new generation social entrepreneur, passionate about undertaking positive challenges to bring about positive impact people’s lives he’s a seasoned child rights activist, experienced and qualified Community development expert with aBA in Development   Studies (BDS) and a Diploma in Community Psychology from Ndejje […]

ONOMO Hotels Group opens its first hotel in Kampala, Uganda consolidating its investment in East Africa

This new hotel marks a milestone in the group’s growth in East-Africa, and brings its footprint to 22 hotels in 13 countries in Africa ONOMO Hotels Group continues its development in East Africa and opens its first hotel in Uganda. In line with the group’s strategy of opening hotels in the heart of iconic African […]

EXPO 2020 DUBAI: FIRST BIG INVESTMENT DEAL ANNOUNCED BY UGANDA

Participant country starts Expo 2020 Dubai investment rush by signing deals worth USD 650m in the first big investment announcement of Expo Investments are across sectors including healthcare, energy and transportation Ugandan Minister of Finance, Planning and Economic Development Hon. Matia Kasaija signs a series of investment deals that will generate jobs and economic growth […]

DW Akademie Film Development Fund – Tanzania and Uganda – Applications Open

Promoting film production in the Global South From September 14, 2021, filmmakers from Tanzania and Uganda are invited to apply for film development funding and training offered by DW Akademie. The German media development organization DW Akademie is looking for filmmakers from Uganda and Tanzania who have already made one or more films and would like […]

Driving the Final Steps in Commercialisation and Production

Government and industry leaders to gather this month for the return of the Uganda International Oil & Gas Summit  Marking its 6th edition, the Uganda International Oil & Gas Summit (UIOGS) will return from 28-29 September hosted in partnership with the Ministry of Energy and Mineral Development, Uganda in a virtual format, via the energy advance platform. […]

Biotechnology and biodiversity in Africa

Though biotechnology is most often seen as a tool to meet Africa’s food needs, it could also play a role in protecting the continent’s unique biodiversity. Ugandan environmental activist, geneticist and conservation biologist Clet Wandui asserts that biotechnology has in fact helped to preserve and protect Africa’s biodiversity, a term that refers to the number […]

Uganda is the Biggest Oil Story in Africa and is Set to Make a Strong Play for Investment at African Energy Week in Cape Town

Uganda has emerged as a formidable oil and gas competitor and African Energy Week (AEW) 2021 in Cape Town will showcase it. With sizeable reserves, enabling regulation, and a proactive national oil company that prioritizes local participation, inclusivity, and capacity building, the country is positioning itself as a force to be reckoned with, and AEW […]

EnDev and the IKEA Foundation launch renewables project at Vienna Energy Forum to support smallholder farmers

EnDev is launching a renewables project in partnership with the IKEA Foundation on 6 July at the Vienna Energy Forum. This three-year project aims to empower the agricultural sector by working closely with smallholder farmers, agri-businesses and solar enterprises in Ethiopia, Kenya and Uganda. The IKEA Foundation has provided an €8 million grant to support EnDev’s efforts to demonstrate the […]

Winch Energy Launches Crowdfunding For Off-Grid Renewables

New clean energy opportunities in developing countries for UK and international investors Off-grid utilities provider, Winch Energy, is seeking to secure up to £1.5 million through a crowdfunding campaign for projects to accelerate the installation of renewable energy technology in Sierra Leone and Uganda. The Crowdcube campaign is part of an overall fundraising plan over […]

The Legatum Center for Development & Entrepreneurship at the Massachusetts Institute of Technology (Cambridge, MA) launches the inaugural Legatum Foundry Fellowship for entrepreneurs in Africa

Fellowship applications open on May 3, 2021 for entrepreneurs working and living in Uganda, Kenya, Rwanda, Ethiopia, Ghana, Nigeria and Senegal. The Legatum Center for Development & Entrepreneurship at MIT has launched the Foundry Fellowship, a first-of-its-kind leadership program for accomplished entrepreneurs who are considering their role in shaping the future of the African innovation ecosystems in […]

Greenpeace and Western Anti Africa Energy Groups Take the Wrong Approach to East Africa Crude Oil Pipeline (EACOP) in Uganda and Tanzania

By NJ Ayuk, Executive President of the African Energy Chamber. If someone were to put me on the spot and ask me to name an environmentalist group, I’d probably blurt out the first thing that comes to mind, Greenpeace. There are obvious reasons for this: Greenpeace has been around for more than 50 years, and […]

African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal

A recent uptick in direct investment activities in Africa’s energy sector sheds light on the role of sustained investor interest in catalyzing socio-economic growth. In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have advanced […]

Winch Energy Closes Largest Limited Recourse Mini Grid Portfolio To Date In Uganda And Sierra Leone And Creation Of A New Platform Winch IPP Holdings For Future Investments

Winch Energy - Bafodia, Sierra Leone

Leading off-grid utilities provider, Winch Energy, has completed the funding for solar mini grid projects in 49 villages across Uganda and Sierra Leone through the creation of a new platform, Winch Energy IPP Holdings Limited (“WIPP”). The deal represents the largest mini grid financing portfolio to date, bringing together several major players in the off-grid […]

15 Things to Do on a Safari in Uganda

Golden Monkey Tours

Uganda is a land locked country found in East Africa. It’s bordered by Kenya in East, Tanzania in the south, Democratic Republic of Congo (DRC) in the west and Sudan in the north. The country is gifted with amazing wildlife, relief, drainage and interesting culture among others. The fact that Uganda has a lot to […]

The Best Tourist Attractions In Kasese Region

Mount Rwenzori

Kasese is ideally the main commercial center in Kasese area. It is located in western side of Uganda and it lies north of Lake George. The town became famous at the time of copper mining at Kilembe and later the attention was taken to cobalt mining. This remarkable town also comes with amazing history for […]

Friday@Noon on Manufacturing in Africa: 2018

African Business News

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. Manufacturing in Africa Manufacturing and industrialisation are the current buzzwords for transforming Africa’s economies. In order to reduce any dependence on the extraction and sale of raw […]

Friday@Noon on Financial Services in Africa: 2018

by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The financial services industry in Africa has seen a lot of development throughout the past few years, as was the case in 2018. Mobile telephony has driven […]

Towards a world without waste

African Business News

The invention of plastic has changed the world in so many ways – for both better and worse – that it’s hard to picture modern life without it. Instinctively, we might think a plastic-free world could only be an improvement, but that would be to ignore the extent to which plastic is interwoven in almost […]