How Entebbe’s 16 million-litre fuel hydrant is navigating a spiralling crisis NEWS ANALYSIS | IAN KATUSIIME | When geopolitical tensions in the Middle East boil over into a fully fledged conflict, the repercussions are felt far and wide, particularly for countries that import oil from the Arabian Peninsula. …
Read More »Spiro secures $215m investment to accelerate electric mobility across Africa
Kampala, Uganda | THE INDEPENDENT | African electric mobility company Spiro has secured a landmark $215 million equity investment to accelerate the expansion of its electric vehicle (EV) and battery-swapping infrastructure across the continent, positioning the company among Africa’s leading clean energy and transport platforms. The funding round attracted support …
Read More »Wininii Campaign: TotalEnergies Uganda intensifies consumer education on counterfeit lubricants
Kampala, Uganda | NEWS CORRESPONDENT | TotalEnergies Uganda has intensified its nationwide consumer awareness efforts through the ongoing Wininii Campaign, an initiative aimed at educating motorists and riders on how to identify genuine lubricants and protect their vehicles from the dangers of counterfeit engine oils currently circulating on the market. …
Read More »U.S. lacks grounds to attack Cuba, says Cuban diplomat
HAVANA | Xinhua | The United States has no grounds to launch an attack against Cuba, Cuban Deputy Foreign Minister Carlos Fernandez de Cossio said Wednesday, warning such a move would cause death and destruction. “Isn’t there a lack of grounds to justify killing, maiming, and causing destruction and misery, …
Read More »Uganda’s oil will create opportunity, but without liquidity many will watch it pass
COMMENT | TIMOTHY WILKINS OKANYA | For years, Uganda’s oil story has been told in the future tense. We’ve navigated a decade of discoveries in the Albertine Graben, sat through marathon negotiations, and watched the rigs rise with a mix of patience and prayer. But the wait is over. …
Read More »Museveni meets Dangote, pushes for Hoima oil refinery
Kampala, Uganda | URN | President Yoweri Kaguta Museveni has endorsed a proposed multi-billion-dollar regional oil refinery initiative championed by Nigerian industrialist Aliko Dangote, while firmly reiterating that Uganda’s own 60,000 barrels-per-day refinery in Hoima will proceed as planned. The position emerged following high-level discussions between President Museveni and Dangote …
Read More »Strait of Hormuz standoff shows everything is about leverage
For Iran, the Strait of Hormuz has been a valuable geopolitical asset, and its strong negotiating position demonstrates a classic principle of game theory COMMENT | RENAUD FOUCART | Iran’s military might was never going to be a match for the US and Israel. So instead it turned to the highly …
Read More »Dangote and the rise of African industrial capital
Aliko Dangote’s industrial push is a leading example of how African capital can finance and build large-scale industrial systems. From Nigeria’s shift to net fuel exports in 2026 to plans for petrochemical expansion and a pan-African listing, his refinery is reshaping ownership, financing, and value capture. NEWS …
Read More »Uganda on track for first oil by June 2026, Museveni reaffirms
Kampala, Uganda | URN | Uganda is on course to achieve its long-awaited First Oil by June 2026, President Yoweri Museveni has reaffirmed, describing the milestone as a key launchpad for the country’s industrial transformation. The president’s message was delivered by Energy Minister Ruth Nankabirwa Ssentamu during the closing of the …
Read More »President Museveni awards PAU’s Ssekatawa Diamond Jubilee Medal
Buikwe, Uganda | NEWS CORRESPONDENT | As Uganda nears First Oil, Presidential recognition has been conferred on several leading Ugandans, including Ali Ssekatawa, Director of Legal and Corporate Affairs at the Petroleum Authority of Uganda (PAU), President Yoweri Museveni today awarded the Diamond Jubilee Medal to Ssekatawa, Director of Legal and …
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