Uganda

Forget the dusty stereotypes of hard hats and grizzled men – a new force is reshaping the very bedrock of Africa’s mining industry. From Botswana’s glittering diamond deals to Uganda’s copper revival and Malawi’s burgeoning rare earth ambitions, women are not just participating; they are leading the charge, forging a …

A promising graphite venture in Uganda has caught the eye of a major African financial institution, signaling a potential surge in investment for the burgeoning project. London-listed Blencowe Resources announced this week that the African Finance Corporation (AFC) has formally expressed interest in injecting significant funds, both through debt and …

Uganda stands at a precipice, grappling with a wave of gold scandals that threaten to derail its economic potential. While the country boasts significant mineral wealth, a murky underworld of illicit dealings and corruption has cast a long shadow over the sector. The proliferation of unlicensed dealers operating with impunity …

Despite boasting a rich and diverse mineral resource base, Uganda has lagged behind its regional peers in harnessing this economic potential. However, a series of ambitious initiatives are now underway to transform the sector and unlock the country’s vast wealth. The government’s National Development Plan IV (NDP IV) has prioritized …

Menzies Aviation, the global leader in aviation services, has officially opened its state-of-the-art cargo facility at Maputo International Airport (MPM). This strategic move expands Menzies’ footprint in East Africa, positioning the company to capitalize on the region’s growing air cargo market. The new facility, equipped with cutting-edge technology and high-end …

Uganda minister of energy and mineral development Ruth Nankabirwa Ssentamu says the East African nation is poised to become one of the great new energy frontiers on the continent. Minister Nankabirwa will deliver her keynote presentation on the upstream oil and gas opportunities that the dynamic East African nation offers …

Ugandan President Yoweri Museveni announced the lifting of a mineral export ban that had been in place since 2012. The announcement was made during his speech at the World Bank Summit in Nairobi, attended by 20 Heads of State. President Museveni revealed that the decision came after an agreement with …

ASX-listed Ionic Rare Earth (IonicRE) has unlocked a pivotal milestone in its Ugandan ambitions, securing the first large-scale mining licence (LML) ever issued under the country’s revamped Mining Act of 2022. The granted LML 00334, officially signed by Ugandan Minister of Energy and Mineral Development Dr Ruth Nankabirwa Ssentamu, covers …

South Africa’s largest privately owned insurance group Hollard International has extended its footprint in Africa through the finalisation an agreement to acquire a significant interest in Apollo Investments Limited, the holding company of Kenya-headquartered insurer APA Insurance. This strategic investment, subject to regulatory approvals, gives Hollard International a presence in …

Due to the large size and weight, this 9.5MW 11KV WEG electric motor has to be disassembled for shipment and reassembled on the offshore FPSO off the coast of Ghana. Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, …