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Dr. Tom Buringuriza is the Country Manager for Armour Energy, an Australian Oil and Gas exploration company that was licensed for the Kanywataba License Area in Uganda. He managed the bidding process and negotiated the Production Sharing Agreements, and went on to recruit, train staff and procure various contractors to implement the work program of the company. He handles all Government relations and all compliance as required by the regulator in Uganda. Dr. Buringuriza has wide experience in both public and private sector setups, for over three decades with valuable contacts and knowledge of the different investment environments and processes…
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The European Union (EU) has partnered with the German Development Agency to commit a grant of EUR 6.25 million (UGX 25.7 billion) as a form of support for the formalisation, skilling and equipping of artisanal and small scale miners. His Excellency Mr Jan Sadek, the European Union Ambassador to Uganda revealed the details at the 13th Annual Mineral Wealth Conference held at Serena Hotel, Kampala last week. H.E Sadek noted that a considerable portion of the grant will be geared towards increasing the capacity of artisanal and small-scale miners to process minerals and add value to them. “Additionally, this programme…
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Housing Finance Bank recently joined StartHub Africa for the Open Innovation Program demo day where sux start-ups showcased their customized solutions to the growth of sustainable and smart cities. The six startups were: WENA Hardware, Yunga, ShareCARD, RentBeta, Kawu, and SEMA. The program is supported by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The Open Innovation Program, implemented by StartHub Africa in partnership with is dedicated to supporting technology-drivensolutions in the areas of smart cities. This initiative aims to refine smart city ideas, establish long-term partnerships between startups and relevant partners, and equipstartups with personalized venture development and business modeling….
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Housing Finance Bank has joined hands with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and other partners to support efforts towards building smart cities in Uganda. Last week, the bank hosted the official kick-off event of the Open Innovation Program at its headquarters in Kololo.The Program, an initiative commissioned by Make-IT in Africa, a project by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, aims at advancing innovation that promotes smart cities. The programme also bridges the gap between private and public sector needs by allowing early-stage innovators and entrepreneurs to take their technology-driven solutions to the next level. The Open…
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GIZ’s Employment and Skills for Development in Africa (E4D) programme is, partnering with GOPA Worldwide Advisors, AFC Agriculture and Finance Consultants and E360, to increase the competitiveness of 1,000 Ugandan Small Medium Enterprises. This is through the Enhancing the Competitiveness of Small and Medium Enterprises in Uganda (ECOS) project worth UGX 8.5 billion. During its two-year running period, the project will work to create over 3,000 new jobs and improve the employment situation of 22,000 people in Uganda. The project’s priority sectors are agriculture and food processing, manufacturing, tourism, and hospitality, green sectors, and construction. Speaking at the launch of…
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The Germany government has committed to spending over UGX 253 billion (EUR 58.4 million) to finance access to renewable energy, agriculture and rural development in Uganda. The money will also help in the area of good governance and human rights. The German Embassy in Uganda said the money will pave way for Ugandan-German development cooperation in the period from 2021 to 2022. The signing of the grant on Wednesday marked the conclusion of the talks between the Ugandan government and German on how the money will be utilized. Patrick Ocailap, the Deputy Secretary to the Treasury signed on behalf of Uganda…
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