In December 2020, the EU and EDFI ElectriFI agreed on establishing a dedicated ElectriFI Country Window for Uganda, with a specific funding package of EUR 5 million, to be invested in renewable energy companies active in Uganda. The launch of the Uganda Country Window will enable Uganda’s capacity to usher in its electricity-generating potential and…
Members of Parliament have approved a request by the government to borrow $464 million (about Shs1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the opposition, who say the loan terms are unfair. Referred to Parliament’s Committee on National Economy on Tuesday, the loan is to be sourced from Standard…
Following the passing of Uganda’s new Electricity (Amendment) Bill 2022, Ugandans found guilty of vandalizing electricity infrastructure may face a fine of $283,764.96 (UGX 1-billion) or a 15-year jail sentence, just five years short of the Ugandan life sentence term of 20 years. This passing of the bill came at a time when the country…
