NEWS ANALYSIS | URN | When Uganda’s government and its joint venture partners reached the Final Investment Decision (FID) in February 2022, it marked the end of years of negotiations and the beginning of what many believed would be the country’s most transformative economic project. The agreement unlocked the development …
Read More »EACOP hits 91% completion
Kampala, Uganda | URN | The construction of the 1,443-kilometre East African Crude Oil Pipeline (EACOP) has reached 91 per cent completion, bringing Uganda closer to achieving first oil production, which is expected by the end of this year. The USD 5 billion pipeline is designed to transport crude oil …
Read More »Can Uganda’s First Oil ease East Africa’s fuel crisis
COMMENT | IVAN DARLINGTON MWEBE | Recent fuel price shocks across East Africa have once again exposed a structural vulnerability the region can no longer ignore. In Kenya, diesel prices have climbed past Ksh 206 per litre, with petrol following closely. In Tanzania, fuel now trades above TSh 3,800 …
Read More »MUSENERO: Oil wealth must drive industrial growth
Kampala, Uganda | URN | As Uganda moves closer to commercial oil production, Energy and Mineral Development Minister Dr. Monica Musenero Masanza has challenged the country to look beyond oil revenues and focus on using the sector to build industries, create jobs and transform the economy. Speaking at the Uganda …
Read More »FIRST OIL AND BEYOND: The road to a US$500 Billion Economy
COMMENT | ALI SSEKATAWA | When President Yoweri Museveni met the Uganda Cranes team following their exit from the AFCON 2025 campaign, he drew on his military experience to deliver a lesson that transcended football. He reminded the players that every force has an Area of Responsibility (AOR) …
Read More »Oil and Gas Countdown: Can black gold deliver promised economic transformation?
NEWS ANALYSIS | URN | Nearly two decades after commercially viable oil was discovered in the Albertine Graben, Uganda is edging closer to a milestone that successive governments have described as transformational. According to recent reports, TotalEnergies indicated that first oil from the Tilenga Project should begin flowing around September …
Read More »Trump announces talks with Iran on Monday
WASHINGTON | Xinhua | U.S. President Donald Trump said Sunday that negotiations with Iran will begin Monday afternoon, noting that Saudi Arabia, the United Arab Emirates (UAE) and Qatar had asked the United States to call off planned strikes because “they think there’s a deal.” “There’s a deal on …
Read More »Local firms secure more contracts as Uganda’s oil projects matures
Hoima, Uganda | URN | The petroleum sector continued to register steady progress during the quarter ending June 30, 2026, with major oil infrastructure projects moving closer to completion while Ugandan companies secured additional contracts under the country’s national content programme. According to the latest quarterly update by the Petroleum …
Read More »How EAC Central Banks are responding to geopolitical tensions
Kampala, Uganda | URN | The effects of the conflicts in the Middle East and Eastern Europe have dominated the 29th Ordinary Meeting of the Monetary Affairs Committee of the East African Community, which just ended in Uganda. All seven governors of the central banks (minus DRC) decried the …
Read More »Dangote’s proposed Kenya refinery tests a new blueprint for African industrialisation
The proposed refinery in Lamu is the company’s first effort to export the industrial model behind its Lagos refinery, potentially providing a blueprint for replicating large-scale African industrial projects across multiple countries. SPECIAL REPORT | BIRD AGENCY | Dangote Industries is attempting to replicate the industrial model behind its …
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