Opportunities in Energy

Energy is the prime mover of any country’s economic growth and prosperity. Uganda needs adequate, reliable and affordable energy to enhance sustainable development. It is for this reason that energy is a priority sector for development in the Country.

Uganda is well endowed with enormous natural resources such as Minerals, hydro, geothermal, petroleum resources, solar thermal yet only a small fraction of this potential has been harnessed.

Power Generation

Power Generation Projects in the Medium Term Government is making effort to develop the following power generation projects through Public-Private Partnership (PPP).

  • 30MW cogeneration from bagasse by 2020.
  • 450MW geothermal power

Oil & Gas

The oil and gas sector has significant potential to contribute to inclusive growth in the country as it expected to bring in investments between US$15 to US$20 billion in the next three to five years. With the discovery of 6.5 billion barrels of oil, 1.2 billion barrels of it recoverable, it is anticipated to spur two major investments:

An oil refinery that will process 60,000 barrels per day and the 1,445km oil pipeline from Hoima in Uganda to Tanga port in Tanzania. Opportunities exist in community development, upgrading transport infrastructure and the development of a petroleum-based industrial park in Kabale Hoima. Uganda’s policy on local content will unlock many opportunities for investors and Ugandans