Authorities in Uganda have been working quickly to make sure that Umeme’s departure at the end of this month will not interfere with the country’s electricity supply. Uganda’s Parliament approved a government request on Friday to borrow $190 million from Stanbic Bank Uganda to reimburse the utility firm for its unrecovered investments prior to the…...
Trending
- Arnold Ekpe returns to the helm: a new lease of life for Dangote Sugar
- Tunisia: Budget shows a surplus of over 591 million euros as of March 31, 2025
- Uganda: Umeme electricity company records a net loss of $140 million in 2024
- Ivory Coast unveils its $100 billion ambition to investors in Osaka
- African Airlines among those banned by the EU
- Wafa Assurance Starts 2025 with Growth, Driven by Geographic Diversification and Solid Fundamentals
- Kenya, Rwanda, Uganda linked in gold smuggling from war torn DRC, Sudan
- Foreign companies dominate the most admired brands in Africa in 2025, a new report shows