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Subscriber

Tullow is seeking indemnification from Heritage Oil & Gas over capital gains tax it paid to the Ugandan government in 2010. The dispute dates back to Tullow’s acquisition of Heritage’s rights and interests in two Ugandan petroleum exploration areas in the Lake Albert Rift Basin, Blocks 1 and 3A, for $1.45m almost three years ago. The Ugandan Revenue Authority (URA) levied a $404m tax on the transaction, for which Heritage said it was not liable, so that Tullow ended up paying.

Uganda
Subscriber

On 30 January the Opec Fund for International Development (Ofid) signed a $12m supplementary loan agreement with Rwanda for the Electricity Access Scale-Up programme and a $10m loan with Uganda for the Energy Development and Access Expansion project.

Uganda | Rwanda
Subscriber

Long the exclusive preserve of small, specialised companies, East Africa has seen the arrival of a number of big players in the past couple of years, and even BP has an East Africa exploration manager looking at opportunities. But management of expectations is emerging as a key challenge – highlighted by the standoff between Uganda and international oil companies (IOCs).

Kenya | Uganda | Tanzania
Issue 247 - 31 January 2013

Uganda: Karuma bid hits new hurdle

Subscriber

The bidding process for the Karuma dam has again been halted, this time by an intervention from the Inspector General of Government, who has called for a fresh investigation into irregularities.

Uganda
Issue 247 - 31 January 2013

EADB: Equity boost from AfDB

Subscriber

The African Development Bank (AfDB) board has approved a $24m equity investment in the Kampala-based East African Development Bank (EADB) to strengthen its balance sheet and help improve its international credit rating.

Kenya | Uganda | Rwanda | Tanzania
Subscriber

The Joint Coordinating Commission for the Kenya-Uganda refined petroleum products pipeline project is seeking expressions of interest from potential developers. The pipeline is to be developed as a public-private partnership under a 20-year build-own-operate-transfer arrangement.

Kenya | Uganda
Subscriber

Uganda’s parliament passed the long-awaited Upstream Bill on 7 December, paving the way for a resumption of licensing in open and relinquished areas. The Ministry of Energy and Mineral Development tabled two bills before parliament in February 2012, and the oil law has been the subject of vigorous debate since then. The Petroleum Exploration, Development and Production Bill 2012, known as the Upstream Bill, eventually passed by 149 votes to 39, and will be signed into law by President Yoweri Museveni.

Uganda
Issue 244 - 29 November 2012

Uganda: Umeme IPO oversubscribed

Subscriber

An initial public offering (IPO) of shares in Actis-owned distributor Umeme which closed on 7 November was oversubscribed by more than 35%. But the utility remains under fire for poor performance after a series of blackouts caused by system upgrades and faults on the Namanve and Mutundwe substations, despite hopes that the commissioning of the Bujagali power station would alleviate the supply problem.

Uganda
Subscriber

Tullow has risen first to lead the front rank of independents operating in sub-Saharan Africa, in the process pioneering oil production in several jurisdictions. Its ambition is to become the “biggest pure exploration business around”, chief executive Aidan Heavey told Thalia Griffiths in Cape Town.

Ghana | Uganda
Subscriber

Ugandan and Ghanaian government plans for rigorous local content regimes reflect politicians’ concerns that the fruits of oil production will neither be enjoyed by sufficient numbers of voters nor create sustainable national industries. Implementation may add to the burden on IOCs but is in the interests of all parties, writes Hugh Boylan

Ghana | Uganda
Subscriber

As debate intensifies about what form East Africa’s oil infrastructure should take, Uganda’s government has made its intentions clear by issuing tenders in support of its controversial refinery plans

Uganda
Issue 241 - 19 October 2012

Bujagali dam inaugurated

Subscriber

In a ceremony timed to coincide with celebrations marking the 50th anniversary of Uganda’s independence, President Yoweri Museveni and the Aga Khan formally inaugurated the Bujagali dam on 8 October.

Uganda
Issue 240 - 05 October 2012

Backers line up for Lamu Corridor scheme

Free

Of all the assorted regional infrastructure projects jostling for supremacy in East Africa, the growing credibility of the Lamu Corridor project raises the possibility of a new East African power axis of Kenya and an emergent Ethiopia.

Kenya | South Sudan | Uganda | Ethiopia
Issue 239 - 21 September 2012

Uganda: Karuma dam tender problems

Subscriber

The selection of a construction contractor for the delayed Karuma dam has run into trouble over claims of irregularities in the tender process. Cornelia Sabiti, executive director of the Public Procurement and Disposal of Public Assets Authority, wrote to the Ministry of Energy and Mineral Development on 5 September seeking an administrative review of the 600MW project.

Uganda
Issue 239 - 21 September 2012

Geothermal facility prepares for lift off

Subscriber

Germany’s Kreditanstalt für Wiederaufbau (KfW), the European Union and the African Union Commission’s Regional Geothermal Coordination Unit are gearing up to select the first projects from their new €50m Geothermal Risk Mitigation Facility (GRMF), to support developments in Ethiopia, Kenya, Rwanda, Tanzania and Uganda.

Kenya | Uganda | Rwanda | Ethiopia | Tanzania