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By 2005, Uganda’s telecom sector had firmly matured. With a compound annual growth rate of above 15%, it had set the stage rolling to overtake banking as one of the fastest-growing sectors. The sector also presented vast opportunities to a country whose growth had slowed in the late 2000s. Thus, it was a highly competitive sector that attracted some of the best brains, employing a mix of local and expatriate talent, who would later become the face of the telecom sector and set the stage for future growth and innovation. As Uganda marks 30 years since the launch of the…
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Isaac Nsereko is an experienced executive with a background in Banking, Technology and Healthcare. He holds a Bachelor’s Degree in Pharmacy from Makerere University; an MBA from the Bradford School…
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Since reaching FID in February 2022, Uganda has kicked off a massive oil drilling campaign with four oil rigs⏤ three of them at the TotalEnergies-operated USD4-5 billionTilenga Project in Buliisa and Nwoya districts, and one rig at the CNOOC-run USD2-3 billionKingfisher Project in Kikuube in the Albertine Graben. As of June 2024, TotalEnergies had made considerable progress in drilling over 35 oil wells with a projection of drilling 98 wells by the end of 2024. Seven oil wells had so far been drilled at the KingFisher Project alongside other engineering, procurement, and construction (EPC) works. Construction works for the USD5…
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On the 26th of September 2022, a new milestone was achieved in Uganda’s oil and gas industry. The first set of the Drilog and Welleader system and the LR8001 land rig equipment started arriving in Kikuube District, in Western Uganda’s oil-rich Albertine Graben. And this is no ordinary rig. According to CNOOC Uganda, the operator of the Kingfisher Development Area, it is a customised deluxe land rig and the “most advanced Chinese oil drilling equipment in the oil and gas industry exploration and development sector.” The rig, said to be 8km long, once assembled, is the first fully automated silent…
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