Uganda seeks new investors for its $4b refinery project
Although Uganda has reopened the project for tendering, officials reveal Kampala has a state-owned entity lined up for the project.
Stay updated with breaking news from Project Framework Agreement. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Although Uganda has reopened the project for tendering, officials reveal Kampala has a state-owned entity lined up for the project.
Uganda is seeking new investors for its $4.5 billion refinery after its Project Framework Agreement (PFA) with a consortium of American and Italian firms expired.
KAMPALA, Uganda–President Museveni has challenged Western companies to take interest in helping Africa explore its resources potential, saying the continent presented immense business opportunities. "There is a lot of sleeping in Africa. You find people who should know but instead don't know," said the President. "And also there has been sleeping in the West, they […]
Strong cobalt production and weaker demand has pushed cobalt market into a surplus this year. Read the update on cobalt miners and stocks for October 2022.
The discovery and confirmation of commercial oil and gas reserves in Uganda in 2006 presented an opportunity to positively impact energy poverty