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Uganda joins Trump administration’s Trade over Aid talks in New York

What Washington's Trade over Aid initiative asks of Uganda, and why Kampala's delegation is at Friday's high-level talks in New York

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

A $310mn petroleum terminal meant to bolster Uganda's fuel security rises in Mpigi beside an open-air landfill mired in legal dispute

Uganda’s oil company ditches equity partner for its biggest terminal yet

A $309.7mn fuel terminal outside Kampala signals a shift in how Uganda's state oil company funds strategic energy infrastructure

Workers at the Kingfisher Oil Field in Kikuube, Uganda, on 24 January, 2023. Ugandan President Yoweri Museveni launched the drilling process at the Kingfisher Oil Field, operated by the Chinese oil giant China National Offshore Oil Corporation Cnooc.

East Africa’s pipeline politics repeat themselves in the refinery race

Uganda and Tanzania's new Tanga energy hub follows Kenya's win of the Dangote refinery, extending east Africa's rivalry

An inland oil rig

Uganda set to outpace region as IMF flags oil-driven growth surge

A US Coast Guard cutter sails alongside a sleek, smaller unmanned surface vessel in open blue water, with a large commercial tanker visible on the horizon.

US blockade of Iran ports deepens global oil uncertainty after Hormuz standoff

The Middle East war is hurting Africa. Here is how the continent fights back

Scattered South African rands notes against a white background.

Trump tariffs blunt impact of AGOA renewal for African exporters

The interior of the Dignity DTRT apparel plant shows rows of workers at sewing stations during a visit from American diplomats.

Uganda’s oil moment approaches — but the risks are multiplying

The offices of the Ministry of Finance and Economic Development in Kampala

Stanbic analysts see opportunity for disciplined investors amid global unrest

The oil and chemical tanker Petrel Pacific moored at a terminal during twilight, discharging ballast water.

Uganda faces higher fuel costs as US-Iran war roils oil markets

Rise in gasoline prices concept with double exposure of digital screen with financial chart graphs and oil pumps on a field. Stock photo.

Infrastructure

A group including President Museveni pulls back a yellow ribbon to reveal the Kampala Storage Terminal foundation plaque, with a soldier and officials looking on.

Kampala Storage Terminal

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

Overhead shot of the Jinja Storage Terminal in Jinja Town

Uganda’s oil company ditches equity partner for its biggest terminal yet

The African Development Bank headquarters building in Abidjan, Ivory Coast

Uganda gets $252.8mn road construction loan from African Development Bank

Servers in a data centre

Uganda seeks $146mn Chinese loan for national fibre-optic project

Agriculture

A textile worker in a headscarf and face mask operates a spinning frame, with rows of yarn bobbins overhead, at a factory.

Fine Spinners targets Japan and Europe with Shs20bn investment

A man in a checked shirt harvests yellow coffee cherries from a coffee plant in Uganda.

UN-backed Shs3.7bn initiative targets Uganda’s coffee seed system overhaul

Coffee beans being inspected in rural ugandaA man inspects coffee beans on a drying bed in a rural area Uganda; next to him are three other men

Coffee

Ugandan agriculture exports face €2.75bn threat as EU tightens traceability rules

A woman harvests coffee berries in Yangambi, DR Congo

Uganda wins three-year seat on UN industrial development board

Commodities

Bright red coffee cherries growing in dense clusters along the brown branches of a coffee tree, framed by glossy green leaves.

Robusta shortfall drags down Uganda’s July coffee exports

A detailed shot of the coffee brewing process, showing golden-brown bubbles forming on saturated grounds in a manual pour-over dripper.

Softer global prices weigh on March coffee export revenues

Rows of filled burlap coffee bags prepared for export shipment, showing company branding, stacked in a warehouse.

February coffee exports rise sharply as volumes climb despite softer prices

A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.

Foreign exchange

Uganda shilling weakens sharply as oil prices and global risk sentiment shift

Banking

Standard Bank Group's headquarters in Johannesburg

Stanbic trading desk powers record profit

Entrance to the personal banking section of a bank

Banks set to ease credit standards on business loans

Entrance to the personal banking section of a bank

Private sector credit

Lending to the private sector increases at its fastest rate in two years

An EFC Uganda Ltd branch. The microfinance deposit-taking institution was closed by the Bank of Uganda on 19 January 2024 for failing to meet minimum capital requirements and for what the regulator called “poor corporate governance.”

BoU releases more information on EFC Uganda depositor payout

Trade

Two excavators at a mine

Critical minerals

Rich in minerals, poor in processing: Africa’s green-energy dilemma

Aerial view of a cargo ship

Uganda-US relations

Uganda joins Trump administration’s Trade over Aid talks in New York

The offices of the Ministry of Finance and Economic Development in Kampala

Uganda’s oil moment approaches — but the risks are multiplying

A cargo ship docked at the port of Mombasa on Kenya's Indian Ocean Coast, as workers prepare to load it

Merchandise trade deficit slows down on stronger exports

Uganda Business News

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