energy Archives - Uncovered UG

Uganda’s Growth Gets €270 Million Boost from Afrexim Bank

enock katamba1 year ago1 year ago02 mins

Big news for Uganda’s future! The government has secured a massive €270 million (approx. UGX 1.1 trillion) loan from the prestigious African Export-Import Bank (Afrexim Bank). This isn’t just funding; it’s a powerful investment in our nation’s growth engine, designed to create lasting change for all Ugandans. So, what will this transformative funding support? 🚜Value…

Umeme Exit Sparks Electricity Worries

enock katamba3 years ago3 years ago02 mins

A segment of legislators, led by Nyendo-Mukungwe Division MP Mathias Mpuuga, has questioned the government’s readiness to handle the electricity sector following Umeme exit in March 2025. Mpuuga raised concerns about the absence of bills addressing the rationalization of the energy sector, especially in light of the government’s plan to merge the existing electricity companies…