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Uganda Electricity Distribution Company Limited (UEDCL) has secured a five-year financing facility worth USD 50 million (about UGX 190 billion) from Absa Bank Uganda to fund urgent upgrades to the national electricity distribution network, even as the company’s board undertakes a comprehensive investigation into the performance and conduct of senior management. The facility, signed on December 15 at the UEDCL Tower in Nakasero, is earmarked for network reinforcements, construction of new electricity substations, rollout of smart-grid initiatives, reduction of technical losses and integration of renewable energy generation. According to UEDCL, the investments are expected to improve electricity reliability, unlock suppressed…
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From Enterprise Agility to Public Accountability On March 31, 2025, Uganda Electricity Distribution Company Limited (UEDCL) stepped into history, reclaiming its full mandate as the distributor of electricity nationwide. This…
Increased economic activity thus increased power demand, translating into increased customer connections combined to spur a 19.9% growth in Umeme Limited’s gross revenues for H1 2023, the energy distribution company has reported. In results published today, 21st August 2023, Umeme said during the first 6 months of 2023, it connected an additional 72,411 customers to its network, compared to 56,547 in 2022 representing a 28% growth. This increased the company’s customer base to 1.8 million. The company also said it witnessed an 8%, 9%, 9% and 11% growth in electricity sales to its domestic households, and commercial, medium industrial and…
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The government of Uganda will have to part with USD215 million to acquire majority shares of power distributor, Umeme, when the power distributor’s 20-year contract comes to a close in 2025. Irene Bateebe, the Permanent Secretary of the Ministry of Energy and Minerals Development told the Committee of Environment and Natural Resources on Tuesday, 11 April 2023, that as of December 2022, the buyout price was at USD215 million. She also told the Committee that the government-owned Uganda Electricity Distribution Company Limited (UEDCL) requires USD158 million to enable it to invest in the distribution system over the next three years,…
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Roofings Group―the Strength of a Nation, as they love to call themselves, is Uganda’s largest steel and construction products maker and certainly one of the largest in East and Central Africa. In Uganda, the Group is made up of Roofings Limited- the Group’s seed steel factory in Lubowa on the Kampala, Entebbe Road established in 1995 as well as Roofings Polypipes, also in Lubowa, that makes construction grade PVC fittings for plumbing, drainage, and electrical installations. Roofings Rolling Mills (RRM), the third unit of the Group is a 3-unit complex that was started in 2009 with a wire galvanizing plant,…
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