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    Proscovia Nabbanja

    UNOC Paid UGX 918 Billion for Kenya Pipeline Shares

    Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 26, 2026February 26, 2026

    Uganda National Oil Company (UNOC) invested over UGX 918 billion in the recently concluded initial public offering (IPO) of Kenya Pipeline Company (KPC), marking one of the region’s largest state-linked…

    With only a few days’ fuel in reserve, limited storage leaves Uganda exposed to shipment delays, regional disruptions, and sudden price shocks, turning minor supply hiccups into national energy crises.

    How Storage Gaps Continue to Threaten Uganda’s Fuel Security

    Jeff WintersThe Big StoryFebruary 3, 2026February 3, 2026

    Fuel supply is working better than it used to, but only just, according to data from the Office of the Auditor General.   The numbers suggest progress, yet they also…

    Proscovia Nabbanja: The Woman Steering Uganda’s Energy Future Through Bold Commercial Leadership

    Kisakye ImaniC-Suite LeadershipEnergy, Oil & GasExecutive ProfilesThe Big StoryWomen In LeadershipFebruary 26, 2025February 26, 2025

    The Uganda National Oil Company (UNOC) was established as a limited liability company under the 2013 Petroleum Act more than 10 years ago. Of course, the oil sector has seen…

    Uganda’s Oil and Gas Titans: A Tale of Academic Excellence and Specialization 

    Paul MurungiBusiness & MarketsEast AfricaEnergy, Oil & GasGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryFebruary 4, 2025February 4, 2025
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    Uganda’s 100 Leading and Most Admired CEOs 2024

    Muhereza Kyamutetera100 Leading & Admired CEOsC-Suite LeadershipLists & RankingsThe Big StoryDecember 19, 2024January 10, 2026

    Hardly two years after arriving in Uganda to take up her very first CEO role at Uganda’s largest telco, MTN Uganda, Sylvia Mulinge has emerged as Uganda’s most admired CEO,…

    UGANDA’S OIL & GAS INDUSTRY COMES OF AGE: Meet the 100 oil and gas leaders driving the race to our first oil

    Paul MurungiBusiness & MarketsLists & RankingsThe Big StoryAugust 16, 2024February 26, 2026

    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…

    Kenya grants Uganda petroleum products import license, as two trade frenemies bury yet another hatchet 

    Muhereza KyamuteteraNews & AnalysisThe Big StoryMarch 29, 2024March 29, 2024

    The government of Kenya, through its energy sector regulators, the Energy and Petroleum Regulatory Authority of Kenya (EPRA) has finally granted the the Uganda National Oil Company (UNOC) a petroleum…

    REFINERYNOMICS: Uganda presses ahead with its oil refinery project amidst questions on profitability and sustainability

    Paul MurungiNews & AnalysisPolitics & GovermentThe Big StoryMarch 4, 2024February 27, 2025

    To do or not to do an oil refinery for Uganda, over and above the pipeline, has been a major question for the country, but more importantly for the Uganda…

    Equity Bank Uganda to provide financial service solutions to Uganda National Oil Company in new MoU

    CEO ReporterCompany NewsNews & AnalysisApril 14, 2022April 14, 2022

    Equity Bank Uganda and the Uganda National Oil Company (UNOC) have signed a Memorandum of Understanding, to facilitate and strengthen collaboration between the two entities in the areas of financing…

    Uganda National Oil Company CEO Proscovia Nabbanja named among African Energy Chamber’s Top 25 Movers and Shakers to watch in 2022

    CEO ReporterThe Big StoryOctober 27, 2021October 27, 2021

    Uganda National Oil Company Chief Executive Officer Proscovia Nabbanja has been named among oil and gas heavy weights on the continent to watch in 2022. The African Energy Chamber recently…

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    Latest Stories

    • A graphic representation of how MTN and Airtel's balance sheets look.
      MTN vs Airtel: Balance Sheet Strength Meets Earnings Momentum in the Race to Win the Telecom Market
      by Jeff Winters
      March 14, 2026
    • Pearl Bank Supports IUIU Students with Water Tanks and Food During Ramadan and Women’s Month
      by Paul Murungi
      March 14, 2026
    • Kenya’s financial markets remained stable as the shilling held firm, remittances rose, and equities gained, even as bond market activity slowed and global pressures from oil prices and geopolitics intensified.
      Kenya Shilling Holds Firm as Remittances Rise and Markets Show Mixed Signals – Central Bank Report
      by CEO East Africa Magazine
      March 14, 2026
    • After 29 Years in Court, Government Ordered to Pay UGX 512.9 Million in Kamuli Land Dispute
      by Paul Murungi
      March 13, 2026
    • Under Sylvia Mulinge’s leadership, MTN has strengthened its financial position, accelerated growth in data and fintech, and expanded network investment, positioning the telecom to capture Uganda’s fast-growing digital economy.
      Five Years of Ambition: MTN Caps Strategy Cycle With Strong Growth
      by Muhereza Kyamutetera
      March 13, 2026
    • Building Financial Resilience: How CFO Arnold Ainebyona Is Positioning SanlamAllianz Life for Growth and Capital Strength
      by Paul Murungi
      March 13, 2026
    • Saviour Chibiya, Regional Chief Executive, Absa Group, addresses staff during a town hall meeting with Absa Bank Uganda employees at the Kampala Sheraton Hotel this week. During his visit to Uganda, Chibiya emphasised Absa’s ambition to become the “bank of choice for economic development” across the markets where it operates.
      “We Want to Be the Bank of Choice for Economic Development”: Saviour Chibiya on Absa’s Strategic Bet on East Africa 
      by Muhereza Kyamutetera
      March 13, 2026
    • I&M Bank Katogo Golf Series Returns to Entebbe with Innovative Format and High-Stakes Rewards
      by Brian Emorut
      March 13, 2026
    • UK Scholarships Unit Head Visits Uganda to Strengthen Chevening and Commonwealth Education Partnerships
      by Brian Emorut
      March 13, 2026
    • Janet Navuuga says Uganda’s evolving governance landscape demands more than qualifications for board leadership. The Fit and Proper Test ensures that integrity, competence, and ethical reputation remain central to those entrusted with corporate oversight.
      Preparing for Board Leadership: Why the Fit and Proper Test Matters
      by CEO East Africa Magazine
      March 13, 2026

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