EACOP

Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, argues that the bank must champion a pragmatic path for Uganda’s oil journey, balancing economic growth with a just energy transition. He underscores the role of finance in transforming natural resources into lasting national prosperity while preparing the country for a sustainable, inclusive energy future.
Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, argues that the bank must champion a pragmatic path for Uganda’s oil journey, balancing economic growth with a just energy transition. He underscores the role of finance in transforming natural resources into lasting national prosperity while preparing the country for a sustainable, inclusive energy future.

Turning Oil into Opportunity: Stanbic Bank’s Role in Uganda’s First Oil Journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of profound contradiction in the global energy narrative. On one hand, the world is accelerating toward a
April 25, 2026
Kenya's President William Ruto and Uganda's President Yoweri Kaguta Museveni jointly address the inaugural Africa We Build Summit in Nairobi on Thursday, April 23rd.

Kenya Ready to Invest in Uganda Oil Refinery, President Ruto Says

Kenya is prepared to invest in Uganda’s oil refinery project as part of a broader strategy to deepen regional energy cooperation and unlock shared economic potential, President William Ruto has said. Speaking
Larry Khaduli, is an operations and project executive. He currently serves as Project Services Lead at Schneider Electric, where he oversees service delivery, financial performance, and execution of complex multi-country projects like EACOP.

Execution Is Strategy: Why East Africa’s Future Depends on Operational Excellence

By Larry Khaduli East Africa stands at a defining moment. Across the region, governments and private sector players are investing heavily in infrastructure, energy, manufacturing, and digital transformation. From oil and gas
Aaliyah Sekatawa is the Managing Director of Rockstone Management Company, an investment holding and management services firm. She says that entrepreneurship should never be an alternative after failing.

Entrepreneurship Is Not a Hustle: Ugandan Investment Executive Aaliyah Sekatawa on Building Disciplined Businesses in Africa

Entrepreneurship, according to Aaliyah Sekatawa, is not a lifestyle trend but a discipline that demands structure, intention, and long-term thinking. As Managing Director of Rockstone Management Company, an investment holding and strategic
March 5, 2026
A photo collage of Energy and Minerals Minister, Ruth Nankabirwa, UEDCL Managing Director, Paul Mwesigwa, and UETCL Managing Director, Eng. Richard Matsiko, and UEGCL Managing Director,Dr. Eng. Harrison E. Mutikanga and Petroleum Authority of Uganda Executive Director, Ernest Rubondo.

An Energy Sector in Disarray: OAG Report Reveals Serious Gaps in Uganda’s Oil & Gas and Electricity Subsectors

For more than a decade, Uganda’s energy sector—under the political stewardship of Ruth Nankabirwa Ssentamu since 2021—has ranked among the government’s top priority sectors, consistently absorbing trillions of shillings in taxpayer funding
February 2, 2026
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