Uganda Chamber of Energy and Minerals

Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, argues that the bank must champion a pragmatic path for Uganda’s oil journey, balancing economic growth with a just energy transition. He underscores the role of finance in transforming natural resources into lasting national prosperity while preparing the country for a sustainable, inclusive energy future.
Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, argues that the bank must champion a pragmatic path for Uganda’s oil journey, balancing economic growth with a just energy transition. He underscores the role of finance in transforming natural resources into lasting national prosperity while preparing the country for a sustainable, inclusive energy future.

Turning Oil into Opportunity: Stanbic Bank’s Role in Uganda’s First Oil Journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of profound contradiction in the global energy narrative. On one hand, the world is accelerating toward a
April 25, 2026
Humphrey Asiimwe, the CEO of the Uganda Chamber of Energy and Minerals (UCEM). He reminds his younger self that ambition without humility or a higher calling leads nowhere. "Ambition to serve, uplift, and create positive change is what leaves a legacy.”

Letters to My Younger Self: Humphrey Asiimwe—”Ambition Without Purpose Leads Nowhere”

The Uganda Chamber of Energy & Minerals CEO on emotional intelligence, service-led leadership, faith, and the power of lifelong learning Humphrey Asiimwe’s CV is as diverse as they come, a tapestry of
December 15, 2025
Sam Ntulume, Executive Director and Chief Operations Officer at I&M Bank, speaks during the "Financing Mining and Mineral Value Addition" session.

Mining, Finance, Key Stakeholders Discuss Sustainable Growth at 14th Mineral Wealth Conference

Uganda’s mining industry came under the spotlight this week, as local and international stakeholders and players gathered at the Kampala Serena Hotel for the 14th Annual Mineral Wealth Conference. Organized by the
September 27, 2025

 

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