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Tag Archives: investment

Investment authority, UPDF in joint construction of industrial parks

Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority (UIA) has partnered with the Uganda Peoples Defence Forces (UPDF) to construct 25 industrial parks across Uganda. The partnership was Thursday formally announced in a meeting between UIA’s Director General Robert Mukiza and the Managing Director of National Enterprise Corporation (NEC), Lt …

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Lango Cooperative Union to lease land to German investor

Kampala, Uganda | THE INDEPENDENT | Lango Cooperative Union leaders are in talks with Smaz-Group, a German investor to lease some of its land to boost investment in the region. The land measuring 1,165 hectares is located at Angayiki village, Chawente sub county in Kwania district. The land will be leased …

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Oil final investment decision expected by end of March -Minister

Kampala, Uganda |  THE INDEPENDENT |  The Minister of Energy and Mineral development Mary Goretti Kitutu has disclosed that the Final Investment Decision (FID) for oil production will be taken before the end of March 2021. Kitutu made the disclosure during an interface with the Parliamentary committee on Natural Resources on Wednesday …

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TEF, EU partner to transform economic empowerment of African women

Kampala, Uganda | THE INDEPENDENT | Africa’s leading philanthropy, Tony Elumelu Foundation (TEF) has partnered with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in the financial and extend technical support for women-owned businesses, across all …

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