Stanbic defies energy transition, promises to finance oil and gas developments Kampala, Uganda | THE INDEPENDENT | Stanbic Bank says it will give capital for oil and gas developments in Uganda. The bank’s stand comes amidst growing opposition against fossil fuels including oil and gas in favor of renewable energy. …
Read More »Highlights of the 2016-2021 NRM Manifesto achievements
NRM MANIFESTO WEEK | Agriculture sector – Agriculture is one of the major drivers of Uganda’s economic growth with over 64% of the population employed in the sector and with Agriculture-based products accounting for about 43% of exports in FY 2019/20. The Agriculture sector registered improved growth rates from 2.8% …
Read More »Energy and mineral sector makes steady progress
Kampala, Uganda | THE INDEPENDENT | The Minister of Energy and Mineral Development, Mary Kitutu has given an account of what her ministry has been doing over the last five years during the 2021 NRM Manifesto Week. The manifesto implementation that is running from 4th to 11th May aims at …
Read More »Ethiopia signs deal with Chinese, Korean firms on off-grid electrification project
Addis Ababa, Ethiopia | XINHUA | The Ethiopian government has signed a 24 million U.S. dollars off-grid electrification project contract with three Chinese firms and one South Korean firm, an Ethiopian official said on Tuesday. Speaking to Xinhua, Melaku Taye, Communications Director at Ethiopian Electric Utility (EEU), said the …
Read More »Uganda to accelerate use of renewable energy in bid to reduce carbon footprint
Kampala, Uganda | XINHUA | Chinese and Ugandan engineers are putting the final touches on the Karuma Hydropower Plant, Uganda’s flagship project that promotes clean energy and limits its carbon footprint on the Nile River. Kenneth Kiyingi, a civil engineer at the 600MW power plant in the northern part …
Read More »Trump warns Ethiopia of Egyptian attack on dam
Washington, USA | THE INDEPENDENT | President Donald Trump has voiced his concern about the failed talks on the building of the Grand Ethiopian Renaissance Dam (GERD) on the River Nile, saying he believes Egypt will launch an attack against it. He blamed Ethiopia for ignoring a deal he had struck …
Read More »IN THE INDEPENDENT: Chinese, Ugandans fight over Karuma
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Chinese, Ugandans fight over Karuma Dam: Museveni accused of switch sides THE LAST WORD Uganda’s addiction to borrowing: Why our country continues to take more and more loans and what this means for …
Read More »Is quitting fossil fuel a viable option?
COMMENT | Lamunu Petronilla | Voices in favour of a complete shift to renewable energy have gained momentum all over the world. This has been precipitated by the low carbon emissions observed globally due to the stay-home decrees and decreased air and land travels imposed during the COVID-19 pandemic. Evidence points …
Read More »Uganda pursues plan to dam Murchison Falls in national park
Murchison Falls, Uganda | AFP | The boat edged as close as possible to the deafening surge of water roaring over Murchison Falls, giving tourists a hair-raising shot of one of Africa’s awesome and terrifying natural spectacles. Tens of thousands visit northwest Uganda every year to marvel as the force of …
Read More »COVID-19 crisis causing biggest fall in global energy investments
Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic has set in motion the largest drop in global energy investment in history with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency said in a new …
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