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Uganda signs $2bn deal to boost oil infrastructure

Uganda signs $2bn deal to boost oil infrastructure

Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’...

Ultimate Uganda
Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan reques...

Ultimate Uganda
Uganda Moves to Buy Stake in Kenya Oil Pipeline

Uganda Moves to Buy Stake in Kenya Oil Pipeline

KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently hand...

Ultimate Uganda