Kampala, Uganda | NEWS CORRESPONDENT | Stanbic Bank Uganda has urged education institutions to adopt renewable energy solutions as a practical way to cut rising operational costs. The call was made by Stanbic Bank energy financing specialists on the second day of the bank’s inaugural regional business forums, which was …
Read More »Women in rural Uganda celebrate impact of eco-stoves
Kampala, Uganda | NEWS CORRESPONDENT | Uganda continues to face a significant household energy challenge, particularly in rural communities where access to modern energy sources remains limited. The vast majority of families rely on biomass fuels such as firewood and charcoal, burned on traditional three-stone fires or rudimentary metal …
Read More »Oil revenues alone cannot fund Uganda’s energy transition, experts warn
Kampala, Uganda | URN | The expected oil revenues could provide an important source of financing for the country’s Energy Transition Plan (ETP), but they will not be sufficient on their own to fund investments required to transform the energy sector and achieve broader development goals, experts have said. The …
Read More »How first oil evaded 5 Energy, 4 Finance Ministers
Kampala, Uganda | URN | Uganda’s oil journey has been defined less by extraction than by expectation — a revolving door of ministers, shifting deadlines, and a promise of “first oil” that has survived nearly two decades of political optimism and policy delays. In 2013, Irene Muloni, then Minister for Energy and …
Read More »Solar Energy transforming education in Kilulu-Mbale
Mbale, Uganda | NEWS CORRESPONDENT | High in the rolling hills of Mbale District, Kilulu B Village is witnessing a quiet but powerful revolution, one powered not by politics or pipelines but by sunlight. At the centre of this transformation are Local Council I Chairperson Simon Malenje and his …
Read More »Why Africa’s solar revolution is about resilience, not power
Across Africa, engineers and entrepreneurs are redesigning renewable energy to withstand weak infrastructure, limited financing, and unpredictable conditions NEWS ANALYSIS | RONALD MUSOKE | In the northern reaches of Uganda, where the road from the provincial capital, Gulu, stretches toward the South Sudan border and the landscape opens into wide, …
Read More »Equity Bank bets on green finance for Uganda’s clean energy push
The lender has introduced Equi-Green Loans and Green Enterprise Financing products targeting households, small businesses, agribusinesses, schools, and institutions investing in renewable energy technologies Kampala, Uganda | AGENCIES | Equity Bank Uganda is increasing its investment in renewable energy financing as it positions itself more firmly within …
Read More »Why finance for clean energy doesn’t reach projects in Africa
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 …
Read More »The day Kampala goes offline
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, …
Read More »Ambassador Mwesigye calls for policy alignment for East Africa to reap energy benefits
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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The Independent Uganda: You get the Truth we Pay the Price