According to the ministry, the funds will finance key sectors, including health, education, transport, energy, local government services and preparations for the 2027 Africa Cup of Nations (AFCON).

Hosein brings experience from the technology sector, having been among the early engineers at EMC Corporation, where he contributed to the development of data-storage infrastructure that supported the global information economy. EMC grew into a major technology company with more than 55,000 employees worldwide before becoming part of Dell Technologies in 2016.

Dan Petrie, the Acting Chief of Staff of the Millennium Challenge Corporation, said MCC had signed a $60 million Energy Threshold Program hours earlier. The programme aims to lower high electricity costs and improve reliability by modernising the Energy Regulatory Commission, strengthening electric cooperatives, piloting smart-grid technologies and unlocking domestic capital for power infrastructure.

Energy and Minerals Week 2024 is scheduled to take place from October 28th to November 2nd 2024, under the theme Energy and Minerals for Sustainable Growth. The event is in partnership with the organizations.

The government of Uganda has secured a loan of more than UGX1.23 trillion from the Islamic Development Bank Group...

Eight Ugandan businesses have been selected to participate in the first phase of the Climate Finance Accelerator Uganda (CFA),...

The Minister of State for Energy, Sidronious Okaasai Opolot, has said that the Geographic Information System (GIS) has proven...

Uganda has asked the African Development Bank (ADB) to support both energy and agricultural transformation plans. This was announced by...