Uganda aims to produce a minimum of 1,000 megawatts of nuclear energy by 2031, as indicated by Ruth Nankabirwa, the Minister of Energy and Mineral Development.
The Karuma Hydroelectric Station is initially expected to be completed by 2018, is set for commissioning by September 2024. Currently, four out of six units are operational, with full functionality expected after the sixth unit is completed by the end of 2024. The project aims to meet increasing electricity demand. Once finished, Uganda’s installed electricity capacity is projected to reach 2000 MW.
The Uganda National Oil Company (UNOC) has been granted sole permission to import and distribute petroleum products for the Ugandan market, as Parliament approved the Petroleum Distributor (Amendment) Bill 2023.
President Museveni concluded a two-day visit to the UAE, engaging in diplomatic discussions with Sheikh Mohammed bin Zayed Al Nahyan. The talks focused on bolstering bilateral relations, exploring investment opportunities in Uganda’s economy, and discussing renewable energy. The UAE ruler accepted an invitation to the Non-Aligned Movement (NAM) summit in Uganda.
Deputy Speaker Tayebwa advises NARO experts against lobbying for the GMO bill, expressing opposition due to a rejected liability clause. He proposes genetic enhancement over genetic engineering and predicts challenges in lobbying the President.
Member states of the Northern Corridor Transit and Transport Agreement (NCTTA) involving Uganda, Kenya, South Sudan, and the Democratic Republic of Congo met on Monday 13th November 2023 to discuss Infrastructure projects, including the Standard Gauge Railway and Regional Road Projects.
Uganda and Kenya government leaders have instructed customs, police, and other authorities to ensure that trucks aren’t unnecessarily delayed at their bordersDuring the meeting, attended by Rebecca Kadaga, Uganda’s First Deputy Prime Minister, and Peninah Malonza, Kenya’s Cabinet Secretary for East African community.
Uganda, through the Uganda Investment Authority (UIA), has earned the prestigious ‘Investment Catalyst’ award at the Go Global Awards. Acknowledged for its favorable business environment and government policies, Uganda also secured top rankings from the University of Oxford and the African Development Bank.
A $500 million market opportunity in Algeria has been identified, and partnerships with Algerian experts are underway. Algeria is keen on importing milk from Uganda, with officials approving the venture. Uganda, producing 3.85 million litres of milk while consuming 800 million litres, is exploring avenues like exports and processing surplus milk.
President Museveni of Uganda accepted an invitation from His Highness Sheikh Mohamed bin Zayed Al Nahyan to visit Abu Dhabi. Upon his arrival, he was warmly received by Minister of State Sheikh Shakhboot Nahyan Al Nahyan.
