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Uganda
- Tanzania has offered the Uganda National Oil Company (Unoc) to use the Dar es Salaam port for oil importation.
- This presents a strategic alternative amid the ongoing importation stalemate between Uganda and Kenya.
- The legal dispute between Uganda and Kenya over oil importation policies is pending before the East African Court of Justice (EACJ), with indications that Uganda may withdraw the case.
Tanzania has stepped forward with an enticing proposition that Kampala finds hard to ignore, especially regarding the ongoing deadlock in Nairobi-Kampala oil imports.
Tanzania has extended an offer to the Uganda National Oil Company (Unoc) to utilise the Dar es Salaam port for its fuel importation needs. This development comes as Uganda explores alternatives in response to Kenya’s steadfast position on Kampala’s oil importation demands.
Uganda’s grievance at the East African Court of Justice (EACJ) remains pending amid these unfolding events, casting a shadow of uncertainty over …
- The Uganda National Oil Company (UNOC) is directly importing petroleum products from Vitol Bahrain, aiming to reduce reliance on Kenyan firms and mitigate high fuel prices.
- UNOC’s direct importation and sale of fuel to OMCs in Tanzania and Uganda is a significant step towards fostering stronger regional ties, promoting economic growth, and ensuring energy security.
Uganda National Oil Company (UNOC) has started the sale of petroleum products to oil marketing companies in both Uganda and Tanzania.
This is part of a broader strategy to test the waters before UNOC embarks on a direct importation agreement with the global oil titan, Vitol Bahrain. This maneuver signals a new era in East Africa’s energy dynamics, especially following a cooling of relations between Uganda and Kenya over fuel supply mechanisms.
Breaking New Ground: Uganda National Oil Company Direct Importation Deal
For years, Uganda’s fuel supply chain was heavily dependent on Kenyan OMCs. However, …
- For millions of households in Uganda, remittances play a vital role in safeguarding food security, healthcare, savings and investment opportunities.
- IFAD data shows 75% of money sent to Uganda is used to fight poverty and improve access to nutrition, health, housing and education.
- The remaining 25 percent is used to support small businesses and facilitate access to financial products.
The UN’s International Fund for Agricultural Development (IFAD) has partnered with Stanbic Bank Uganda (SBU) in a plan to reduce the cost incurred by Ugandans sending money back home by half through a digital payment platform dubbed FlexiPay.
The partnership will also provide remittance recipients, especially in rural areas, with digital and financial training to promote the savings culture and foster digital finance uptake among these communities.
Cost of remittances in Uganda
At the moment, the average cost of sending money back home for Uganda’s migrant workers is 11.3 per cent, …
- To ease the truck traffic snarl-up at the Busia, Malaba border, Uganda has committed to conducting free COVID-19 tests
- Uganda’s move follows a joint multi-sectoral virtual meeting of the Ministers responsible for EAC Affairs, Health and Transport convened by the EAC Secretariat
- There have been over 4,500 trucks have stalled at the border posts, because of the mandatory Covid-19 testing requirement introduced by Uganda on 20th December 2021
Uganda COVID-19 border tests
Uganda says it will conduct free COVID-19 rapid tests at the Kenya-Uganda border points of Busia and Malaba for seven days, to ease the truck traffic snarl-up that has disrupted intra-EAC trade on the Northern Transit Corridor.
According to the EAC Secretariate, the move follows a joint multi-sectoral virtual meeting of the Ministers responsible for EAC Affairs, Health and Transport convened by the EAC Secretariat.
The secretariate further revealed that there were over 4,500 trucks have stalled at …
The programme runs for the 3-6 months between secondary school completion and the beginning of university.
It also offers the Global Summer Internship Programme, which allows scholars studying at international universities to return to Africa for their summer holidays and intern with Equity Group and its partners, giving them work experience and building their professional networks on the continent.
Others include the College Counselling Programme, which supports Equity scholars to access admission and scholarships to some of the world’s leading universities, including the Ivy League universities in the US.…
- The construction of the world’s largest heated crude oil pipeline, a 1443km pipeline, has started in Uganda
- The government of Uganda and Tanzania’s administration signed an agreement for the development of EACOP in May 2017, and a foundation stone was installed in August of the same year
- It is estimated to cost approximately $3.5 billion, with equity investors expected to contribute 30% of the cost, while international loans will cover the remaining 70%
The onset of 2022 has given life to the commencement of the world’s largest heated crude oil pipeline, with compensation for land acquisition in Uganda already in progress.
In an EACOP national content supply development workshop in Uganda, Michael Tiffen told Next Media Uganda that early last year, Uganda’s president, Yoweri Museveni, Tanzania’s president, Samia Suluhu, and the two oil companies—TotalEnergies and China National Offshore Oil Corporation (CNOOC)—have agreed to start the construction.
According to Michael Tiffen, …
Statistically, Uganda appears to have been relatively untouched by the pandemic in terms of infections and deaths but unhappily holds the unenviable world record of being the country that closed its schools for the longest time.
The consequences of this in terms of mental health, teenage pregnancy, child labour and school dropout rates is likely to have a negative effect on my adopted country for many years to come. School closure also emphasised the uncertainty factor.
President Museveni and his Health Minister have recently declared that not even Omicron will delay the reopening of the economy any longer and that Uganda will be fully open for business with the aim of rebuilding the economy from January 2022 onwards. …
- Uganda has kicked off the construction US$ 19.9 million Acomai irrigation scheme
- The project aims to improve access to water for agricultural production, which would lead to increased agricultural productivity
- The project’s contractor was also tasked to construct a technical school in Kamutur as part of their corporate social responsibility
Uganda had broken ground to build a US$ 19.9 million Acomai irrigation scheme in Kamutur Sub-county in Bukedea District to improve water access.
The government of the East African nation also intends to construct another scheme in Bulambuli District.
The proposed Acomai irrigation schemes in Bukedea and Bulambuli will cover 2,200 hectares of land. In addition, they will come with additional infrastructure such as an administration block, two drying yards, a warehouse, a workshop, a bridge and 58kms of access roads.
Both projects are under the Agricultural Value Chain Development Programme and implemented by the Ministry of Agriculture, Animal Industry …
- Google is investing in Uganda’s SafeBoda from the Africa Investment Fund which was launched by Sundar Pichai, CEO of Google and Alphabet
- The Africa Investment Fund is part of a broader plan to invest $1 billion over 5 years to support digital transformation in Africa
- SafeBoda app was launched in 2017 to connect passengers to their community of safer and trusted drivers
Google has announced that it will invest in SafeBoda, a venture-backed company in Uganda.
This is the first investment from the Africa Investment Fund which was launched by Sundar Pichai, CEO of Google and Alphabet, at Google for Africa in October 2021.
In a statement seen by The Exchange Africa, Google said the funding will help drive SafeBoda’s growth in Uganda and Nigeria, scaling its transportation-led app to offer new payment and financial services solutions for its expanding set of customers: passengers, drivers and merchants.
Ricky Rapa Thomson, …
