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A growing diplomatic rift between Uganda and Germany threatens to cast a shadow over critical development projects, ranging from refugee support to energy infrastructure. The fallout, which stems from escalating tensions over governance and human rights concerns, may trigger economic spillovers that could stall or jeopardize Germany’s ongoing aid-funded initiatives in Uganda. A UPDF statement authored on May 26, cut military cooperation ties with Germany, with accusation that the German Ambassador in Uganda, His Excellency Mathias Schauer was engaged in illegal and clandestine activities. Germany’s development support to Uganda has traditionally taken the form of concessional financing and grants, aligning…
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As countries push for ambitious climate goals at the ongoing UN Climate Change Conference (UNFCCC COP 29) in the Azerbaijan capital, Baku, Uganda has revealed strategic plans of gradual decarbonising through an ambitious mix that is congruent to national, regional, and continental realities of energy poverty. This year’s UN climate powwow, which opened on Monday, November 11, is themed ‘’In Solidarity for a Green World’. Speaking at a fireside event on investing in Energy, Resilience and Nature in Africa, Energy Minister Ruth Nankabirwa highlighted Uganda’s strategic goal of becoming a regional energy supplier, supported by Uganda’s leadership in the establishment…
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TotalEnergies has finalized an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power, which focuses on renewable hydropower projects in Africa. This acquisition involves a joint venture where Scatec holds a 51% interest in SN Power, in partnership with Norfund and British International Investment (BII). As a result of this deal, which is subject to specific conditions, TotalEnergies will obtain a 28.3% stake in the Bujagali hydropower plant in Uganda. Additionally, TotalEnergies will gain minority interests in two hydropower projects that are currently being developed in Rwanda and Malawi. Bujagali Hydroelectric Power Station…
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When the Yoweri Museveni led National Resistance Army (NRA) marched onto Kampala in January 1986, they took over a city that was poorly lit, its darkness not quite different from the bushes of Luwero they had emerged from. Less than 5% of the country’s households had access to electricity. The Owen Falls Dam in Jinja, virtually the country’s only source of electricity, in operation since 1953, had fallen into disrepair, producing only 60 MW of its installed capacity of 150 MW. The Uganda Electricity Board (UEB) the state enterprise that ran the dam and the associated transmission and distribution network…
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High financing costs and increased costs of operation dampened power distributor, Umeme’s net profit for 2017, results announced by the company today show. Despite an 8.7% growth in revenue from…
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