Canada's Trudeau, African Leaders Discuss Conflict Resolution, Economic Security

Canada’s Prime Minister Justin Trudeau convened a meeting for African heads of state, foreign ministers and representatives of the United Nations and other multilateral bodies on Monday to discuss ways to secure peace across the continent as a necessary condition for prosperity. Trudeau, the 2020 chair of the United Nations Peacebuilding Commission, called for cooperation among international partners and governments to create economic opportunity and prosperity that is broadly shared, “…as a way not just of countering the pull of extremism in some places or the cynicism of populism, but as a way of building a real and tangible future for countries around the world.”The breakfast meeting, which was held on the sidelines of the 33rd African Union Summit in Addis Ababa, was intended to strengthen the Commission’s partnership with the African Union (AU) and to better integrate African priorities in conflict prevention and bolstering economic security. Among issues discussed…

Total, UPDF To Build Classroom Block At Namagera Cu Primary School

Total Uganda and Uganda People’s Defense Forces (UPDF) raised Shs30m towards the construction of a classroom block at Namagera Church of Uganda Primary School in Nakaseke, Wakiso District. The school was constructed in 1980 and currently has a capacity of 290 pupils. A visit by Total Uganda’s staff to the school revealed that the poor infrastructure (classrooms), limited sanitary facilities and lack of accommodation for teachers were among the issues affecting the school’s academic performance. Total Uganda’s Managing Director, Obi IMEMBA handed over the cheque to General David Muhoozi, the Chief of Defense Forces (CDF), at a ceremony held at the UPDF headquarters in Mbuya. During the cheque handover, Mr. IMEMBA reiterated Total Uganda’s commitment to the communities it operates in and commended the UPDF for its Tarehe Sita activities. “Education is an investment that is why we also need to invest in proper infrastructure to provide a conducive learning…

Here Are 3 Sessions To Watch Out For At Nigeria International Petroleum Summit

Three years after the Federal Executive Council of Nigeria took the final decision to approve the Nigeria International Petroleum Summit (NIPS), an African Petroleum Technology and Business Conference, the third edition of the event is set to hold in its capital city, Abuja from 9 - 12 February 2020. The event, which is highly touted to be the official government-endorsed event has been designed to be the rendez-vous for Nigeria and indeed, Africa's oil and gas sector where principal decision-makers from the public and private sectors exchange innovative ideas.The African Energy Chamber, as the credible voice of the African petroleum industry and the foremost African advocacy association representing all facets of the African oil and gas industry, will be on the ground to bring you the front row access to the over 20 sessions that will hold in the 4-day event.Here are 3 of the top-recommended sessions to watch out…

Government Strives To Increase Participation Of Ugandans In Oil Industry

By George Busiinge The Ministry of Works and Transport has heightened efforts to skill vulnerable youths in operating heavy load equipment to tap the public infrastructure employability. John Baptist Ocola, a trainer from the Ministry of Works and Transport says the country has limited skilled operators of heavy equipment machines due to limited training institutions that offer such specific skills. He says they have now partnered with Destiny Technologies Heavy Load Plant Services which has its head office in Hoima municipality to equip vulnerable groups mainly school dropouts and disadvantaged unemployed youths to equip them with skills on how to operate such machines. He made the remarks Friday morning during the launch of the 2020 Heavy Equipment Operators training at Bulemwa Training Field in Bujumbura division. Denis Kisha, the director for Destiny Technologies Heavy Load Plant Services has said due to the support of trainees and equipment from the Ministry…

Bunyoro Women Decry Seclusion From Oil & Gas Activities

By Busiinge George Women from the oil-rich sub-counties of Buseruka and Kabaale in Hoima district are still oblivious of activities and opportunities accruing from the discovery of oil in the Albertine Graben. Uganda discovered approximately 6.5 billion barrels of commercially viable oil deposits in the Albertine Graben raising expectations for the industry to boost competitiveness among homegrown investors and stimulate inclusive development. Years later, the government embarked on a programme for the development of crucial infrastructural projects in preparation for the production of oil. The crucial projects include the construction of the oil refinery in Kabale-Buseruka, the East African Crude Oil Pipeline Project and Hoima International Airport. Indigenous entrepreneurs were also registered on the National Oil and Gas database as a precursor for them to benefit from the USD 20 billion (74 trillion Shillings) funding that the World Bank sunk in the development of infrastructure projects. But several women have…

Stanbic Bank, UNOC Sign National Content Partnership

Stanbic Bank Uganda through its Business Incubator has entered into a partnership with the Uganda National Oil Company to promote national content through the capacity building through offering business training for entrepreneurs, knowledge/sector information sharing and enterprise development. Stanbic Bank’s Chief Executive Patrick Mweheire speaking during the MoU signing ceremony said they are pleased to be partnering with UNOC in this critical initiative that aims to facilitate participation and development of national content in the oil and gas sector. “Oil is a game-changer in many economies and the only way we can benefit as Ugandans is if we have as many local companies participating as possible,” he said in a press release shared. “As a way of ensuring Ugandan companies participate in the Oil and Gas activities, we established the Business Incubator with the aim to reach as many SME’s as possible and continue to support their growth and development…

African Economic Outlook 2020 Positive Despite External Shocks

Africa’s economic growth remained stable in 2019 at 3.4 percent and is on course to pick up to 3.9 percent in 2020 and 4.1 percent in 2021, the African Development Bank’s 2020 African Economic Outlook (AEO) revealed Thursday. The slower than expected growth is partly due to the moderate expansion of the continent’s “big five” — Algeria, Egypt, Morocco, Nigeria, and South Africa – whose joint growth was an average rate of 3.1 percent, compared with the average of 4.0 percent for the rest of the continent. The Bank’s flagship publication, published annually since 2003, provides headline numbers on Africa’s economic performance and outlook. The 2020 edition, launched at the Bank’s Abidjan headquarters, was attended by former Liberian president Ellen Johnson Sirleaf, African ministers, diplomats, researchers, and representatives of various international bodies.Johnson Sirleaf commended the Bank for upholding the confidence of the people of the continent “… because we trust…

E. Guinea To Boss Cross-Border Gas Cooperation In Gulf Of Guinea

Equatorial Guinea is positioning itself as a hub for gas in the Gulf of Guinea and hopes to deliver where others have failed: developing the first successful cross-border gas venture on the continent.Gas is a key priority for Equatorial Guinea and its neighbors. While Cameroon brought on stream Africa’s first Floating LNG project in 2018, Nigeria has declared 2020 the Year of Gas and both countries continue to push for the development of a gas-based economy. On its side, Equatorial Guinea launched Africa’s first offshore gas mega hub last year when it signed Definitive Agreements with Marathon Oil, Noble Energy, Atlas Petroleum, Glencore and Gunvor to process stranded gas from its Alen and Aseng gas fields, and offset production decline at the country’s Alba field.The project is of strategic importance for Equatorial Guinea because the Alba field had been until now the sole supplier of gas to its Punta Europa…

EITI Appoints Bady Baldé As EITI Executive Director

EITI’s Africa Director, Bady Baldé, has been appointed as its Deputy Executive Director. Going forward, he will combine the roles of Africa and Deputy Executive Director. Baldé joined the EITI in 2009 and has progressively assumed more responsibilities for the EITI’s technical, country and policy work. As Africa Director, he currently oversees the International Secretariat’s work in 24 implementing countries in Africa. He also works on several major policy areas. On commodity trading transparency, for example, he has been instrumental in developing EITI transparency requirements and the establishment of the commodity trading working group. Mark Robinson, EITI’s Executive Director, commented: “I am delighted that Bady will take up the role of Deputy Executive Director at the EITI International Secretariat. Bady is an accomplished speaker and strategist, whose skills and substantial country experience will take the EITI forward, as it continues to raise the bar on extractives transparency.” Bady Baldé said:…

Africa Oil & Power To Discuss Renewables, LNG & Energy Finance In Cape Town

Africa Oil & Power 2020 highlights African integration across borders throughout the entire energy value chain; AOP 2020 welcomes presidents, ministers, national oil company and utility heads, IPP and renewables executives and more for the fifth edition of Africa’s Energy Conference; This year’s event will have a major focus on the driving factors behind Africa’s energy transition.The fifth edition of Africa Oil & Power (AOP) returns to Cape Town on September 15-17, for three days of deal-making and discussions focused on Africa’s energy transition, industrialization, regional business and economic transformation.For the first time, AOP will host the Africa Renewables Forum, the Africa LNG Forum and the Energy Finance Forum, in line with the vision of South Africa’s Department of Mineral Resources and Energy and government and private sector partners from all four corners of the continent. The theme of this year’s conference, marking the entering into force of the African…
Subscribe to this RSS feed

Kampala