While commemorating the Bastille Day on July 12 2024 H.E. Xavier Sticker the Ambassador of France to Uganda announced that French Firms are to invest over $4b in Uganda, to …
-
EnergyGlobal NewsLatest NewsNewsOil & GasRegional News
How Kenya’s $40M Bond Fee Hike At Vitol Terminal Hampers Uganda’s Competitive Fuel Prices Effort
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan …
-
EnergyLatest NewsNewsOil & Gas
Fuel Importation: Weighing potential crisis against expensive Tanzanian route
Uganda imports its petroleum with over 90% through Mombasa port in Kenya supplemented by small imports via Dar es Salaam port in Tanzania. However, this is on the verge of …
-
In the coming 12 months, various reputable sources have projected Uganda’s growth rate at between 4.7% and 6.8%. Taking the best scenario, economic growth will be faster than the sub-Saharan …
-
Uganda has filed a case against Kenya at the East African Court of Justice over Kenya’s refusal to grant a license to Uganda National Oil Company (UNOC) to operate in …
-
The Ugandan government is currently in the process of finalizing a substantial multi-billion-dollar agreement that would confer exclusive monopoly rights to Vitol Inc., a Swiss-based Dutch firm specializing in energy …