Africa News Uganda, S. Korea ink infrastructure development deal Aya Anwar Jun 6, 2024 0 Uganda has secured a $500 million loan from South Korea in a deal to support the infrastructure development in the…
Africa News China’s Sinohydro discusses building $180m power transfer in Uganda Aya Anwar May 14, 2024 0 Uganda is in talks with Sinohydro Corporation Limited to establish a $180 million power transmission line to supply…
Africa News Uganda secures $295m loan from S. Arabia’s IDB Aya Anwar Apr 30, 2024 0 Uganda has recently inked a deal with the Islamic Development Bank (IDB) of Saudi Arabia, securing a $295 million…
Africa News Uganda to import petroleum products via Kenya’s Mombasa port Aya Anwar Mar 28, 2024 0 Kenya will enable Uganda's state oil firm to import petroleum products through its Mombasa port, Reuters reported…
Africa News Uganda estimates spending UGX53.3tn on current financial year Aya Anwar Feb 20, 2024 0 Uganda's government estimates spending 53.3 trillion shillings ($13.74 billion) for the fiscal year that begins in…
Banks Uganda central bank keeps rates at 9.5% Nada Ali Feb 6, 2024 0 The Bank of Uganda (BoU) leaves its benchmark rate unchanged at 9.5 per cent as inflation remains below its…
Africa News Uganda in talks with UAE’s Alpha MBM over oil refinery project Aya Anwar Jan 23, 2024 0 Uganda is in talks to build a refinery for crude oil, with an investment company led by Sheikh Mohammed bin Maktoum…
Tech/AI Uganda to pay Umeme $225 mln by end of concession Nada Ali Jan 4, 2024 0 Uganda will pay about $225 million to state’s electricity company Umeme Limited to allow the utility to recoup its…
Africa News Afreximbank, Hassan Allam sign facility agreement worth $200mln Sama Mousa Nov 12, 2023 0 Africa Export-Import Bank (Afreximbank) signed a facility agreement with Hassan Allam Group worth $200 million on…
News Saudi SDAIA, Google Cloud to train 1K women from 28 countries Sama Mousa Aug 15, 2023 0 The Saudi Data and Artificial Intelligence Authority (SDAIA) is working with Google Cloud to train 1,000 women from…