Tag: Uganda

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Uganda to set up state mining firm, take equity in licences

The Ugandan government has started to set up a national mining company that will aim to take equity stakes of up to 15% of...

Uganda agrees oil exploration deals with two firms including Australia’s DGR Global

Uganda's cabinet has agreed for the energy ministry to sign production-sharing agreements (PSA) for two oil exploration blocks with two oil firms, including a...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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