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DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation

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Four Bodies Retrieved from Nakivubo Channel After Kampala Floods.

Four Bodies Retrieved from Nakivubo Channel After Kampala Floods.

By close of business on Friday, police had retrieved four bodies of men from Nakivubo Channel in downtown Kampala. The victims are suspected to have died in the morning downpour that caused severe flooding across the city.According to Deputy Kampala Metropolitan Police Spokesperson Luke Ow

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What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform

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Seoul and Washington Pen $950 Billion Deal.

Seoul and Washington Pen $950 Billion Deal.

Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr

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Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,

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Road to Uganda’s first oil: Kingfisher likely to be starting point

Road to Uganda’s first oil: Kingfisher likely to be starting point

For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made in western

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Busega-Mpigi Expressway project loan approved.

Busega-Mpigi Expressway project loan approved.

The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliament during

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UAE Trade Forum Kicks Off in Kampala Amid $2.8B Surge

UAE Trade Forum Kicks Off in Kampala Amid $2.8B Surge

Uganda and the UAE kicked off their fourth annual business forum in Kampala, aiming to boost a $2.8 billion trade relationship dominated by Ugandan gold. Foreign direct investment from the Gulf nation has surged tenfold, fueling growth in sectors like agribusiness and renewable energy.KAMP

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Russian stock market meltdown as shares crash in wake of Trump sanctions - 'dead end'

Russian stock market meltdown as shares crash in wake of Trump sanctions - 'dead end'

Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and

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Lionel Messi Explains Why He Extended His Stay with Inter Miami

Lionel Messi Explains Why He Extended His Stay with Inter Miami

Lionel Messi has revealed the real reasons behind his latest career-defining decision in AmericaThe Argentine superstar opens up about what truly made him stay in Miami — and it’s not just about footballFrom record crowds to skyrocketing club value, Messi’s presence has transf

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