Experts blame outdated credit ratings, underperforming guarantee Instruments, and short-term loans for infrastructure built to last decades COMMENT | ANA M.CAMELO VEGA | In African countries, there’s a gap between the financing available for renewable energy and the projects it’s meant to reach. Funds are not reaching the right …
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What happens when mobile money fails, hospitals lose data, and the invisible infrastructure behind modern life suddenly stops working? NEWS ANALYSIS | RONALD MUSOKE | What if, tomorrow morning in Kampala, your mobile phone stopped working – not because the battery died, not because you forgot to buy data, …
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Kampala, Uganda | NEWS CORRESPONDENT | Ambassador Col. (Rtd.) Fred Mwesigye, Uganda’s High Commissioner to Tanzania, has called for the urgent alignment of policies between East African nations to solidify the regional energy corridor and ensure First Oil serves as a catalyst for industrialization. Speaking Wednesday during the 11th Oil …
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Kampala, Uganda | URN | Uganda has urged investors in the United Kingdom to invest in the 250 percent return-on-investment mining and energy sector in the country. However, only serous and mutually beneficial partners are welcome to invest in the country’s budding extractives sector, according to Ramathan Ggoobi, Permanent Secretary …
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BEIJING | Xinhua | Across the deserts in northwest China, where the sun blazes and the winds never relent, those forces that people once had to endure are now powering a new source of wealth. “We used to hide from them,” said Qi Pengxiao, now in his 80s. He arrived …
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VIENNA | Xinhua | The International Vienna Energy and Climate Forum, which concluded over the weekend, marked the first major global energy gathering since the latest U.S.-Israel-Iran tensions, a conflict that erupted on Feb. 28 and sent global energy prices sharply higher amid fears of supply disruptions. Under the theme …
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Kampala, Uganda | URN | Uganda has sufficient fuel reserves to last into late May, the government has announced, dismissing widespread social media claims of an impending shortage. In a joint statement issued Tuesday, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) described the circulating …
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TEHRAN | Xinhua | U.S. and Israeli forces attacked gas company offices and the gas pressure reduction station in the central Iranian city of Isfahan, and targeted the gas pipeline of a power plant in Khorramshahr city, Iran’s semi-official Fars news agency reported Tuesday. Meanwhile, the Iranian Foreign Ministry on …
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Kampala, Uganda | URN | The World Bank and its partners have banned three PricewaterhouseCoopers (PwC) subsidiaries in Africa from their projects for 21 months over corruption charges admitted by the firms. The trouble for PwC Associates Africa Ltd based in Mauritius, PwC Limited Kenya, and PwC Rwanda Limited …
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Nairobi, Kenya | THE INDEPENDENT | Uganda has finalized negotiations with Kenya over Kampala’s participation in the upcoming Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC), marking a significant strategic shift in regional energy diplomacy. Energy Minister Ruth Nankabirwa Ssentamu and Attorney General Kiryowa Kiwanuka led a high-level …
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The Independent Uganda: You get the Truth we Pay the Price
