The government of Uganda has signed a deal with UAE-based Alpha MBM Investments for a 60 percent stake in a crude refinery in Kabaale, Hoima District. The deal will see the construction and advancement of the long planned but delayed country’s first crude oil refinery in Western Uganda. President Yoweri Museveni’s office said in a…...
Trending
- 7th edition of the Financial Afrik Awards: celebrating partnership, vision, and African excellence in Banjul
- Munich 2026: Marco Rubio calls for mobilization of the West against “organized decline”
- AGOA renewed, China zero customs duty: Africa courted
- FANAF Insurance Awards Special 2026: Here are the 6 distinguished winners in Abidjan
- Niger: BCEAO plants its flag in the Tahoua region
- The African Union facing challenges of water, security, and geopolitical issues, gathered in conclave in Addis Ababa for its 39th Summit
- Mining Indaba 2026: Lualaba aims to establish itself as a strategic hub for mining, energy, and logistics in Africa
- Insurance: 8% Increase in Sanlam Morocco’s Profit in 2025
Uganda inks $4 billion oil refinery deal with UAE company
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com