Jubilee acquires 9.44% stake in Bujagali Energy
The stake purchase was made from SN Power for $40 million...
Tag : Uganda
Pandemic impacts 30 African oil and gas projects: Report
Last month, the price of Brent crude dropped to $25 per barrel despite plans to lower the output by 9.7 mn barrels a day...
Africa uses mobile money to curb the spread of the coronavirus
Safaricom removed all fees from its mobile-money platform, M-Pesa...
Kenya insurtech Turaco raises $1.2 mn to upgrade operations
Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures...
Uganda Airlines resume operations after two decades
For now, it will fly to seven regional destinations in Kenya, Tanzania, Somalia, South Sudan and Burundi...
China puts forward conditions before investing in Kenya, Uganda SGR
Both countries must work on standard gauge railways financing modalities to receive funding...
Africa Oil Week to present myriad opportunities for oil and gas sector
“On top of the 13 confirmed ministers who will lead delegations to Africa Oil Week, we now have a partnership with the government of Uganda to host a huge opportunity for the global private sector," says conference director Paul Sinclair...
Tech Startup Funding Report illustrates Africa’s startup-investor boom
South Africa, Nigeria and Kenya are top destinations for tech investments in 2017...
Islamic Banking regulations approved by the government of Uganda
The Central Bank will soon publish the new approved regulations...
Rich Countries, Poor People: Will Africa’s commodity boom benefit the poor?
BY ANAND RAJARAM. 20th November 2013 Travelling across Africa these days you are likely to run into increasing numbers of mining, oil, and gas industry personnel engaged in exploration, drilling, and extraction across the continent. Although commodity prices are moderating, the discoveries being made in Africa offer the real prospect of significant revenue to many cash-poor,...