Fred Ojambo

A widening Ebola outbreak in the Democratic Republic of Congo and Uganda is triggering an urgent search for vaccines and medicines bloomberg.com/news/articles/…

The Department of State is coordinating a comprehensive response to the Ebola outbreak in the Democratic Republic of the Congo (DRC) and Uganda.  Within 48 hours, the Department activated a response plan and mobilized an initial $13 million in foreign assistance for immediate response efforts, and we are leveraging the Department’s historic investment in OCHA pooled funds for the DRC and Uganda to ensure the rapid deployment of additional humanitarian assistance on the ground and close coordination with the UN system. American leadership remains indispensable in confronting global health threats.

Billionaire Aliko Dangote’s plan to replicate his Nigerian mega-refinery in East Africa is gaining momentum — he just doesn’t know where to build it yet bloomberg.com/news/articles/…

Uganda postponed an annual religious holiday usually held on June 3 following an outbreak of the Ebola virus in neighboring Democratic Republic of Congo bloomberg.com/news/articles/…

Uganda and the Democratic Republic of Congo (DRC) have strengthened their commitment to deeper cooperation in the petroleum sector following a high level technical engagement at Petroleum House in Entebbe. The engagement, held after the Uganda–DRC Joint Permanent Commission meetings, brought together officials from @MEMD_Uganda, @PAU_Uganda, and UNOC to discuss collaboration across the petroleum value chain, regional energy security, and fuel supply reliability. The DRC delegation also toured the Petroleum Data Centre and Core Centre to gain insights into Uganda’s petroleum data management and resource monitoring systems.

Self-exiled Ugandan opposition leader Robert Kyagulanyi is urging US senators to press for sanctions against his country’s leader bloomberg.com/news/articles/…

The @AfDB_Group has approved €7.33M in additional financing to support the completion of compensation payments to people impacted by the Uganda Rural Electricity Access Project (UREAP) – Phase I. Phase II will connect more than 250,000 households, 3,000 businesses and public institutions with electricity: bit.ly/4vKKtHs

Uganda gears up for Islamic financing x.com/mofpedU/status…

GOVERNMENT OF UGANDA TO ISSUE INAUGURAL SOVEREIGN SUKUK: The Government of Uganda is in advanced stages of issuing the inaugural Sovereign Sukuk to finance 15% of the total cost of Euro 2.7 billion required for the construction of the Standard Gauge Railway (SGR). Cabinet approved the SGR financing structure in January 2025 reflecting the proportion and amounts to be mobilized. 60% of the Euro 2.7 billion will come from Export Credit Agencies (ECAs),15% from Sukuk and the balance of 25% will come from Development Finance Institutions (DFIs). The Deputy Secretary to the Treasury (DST), Patrick Ocailap is currently leading Uganda's delegation on a Sukuk Roadshow in the East African Community, specifically in Kenya, Tanzania and Zanzibar, to interest Investors to participate in the inaugural sovereign Sukuk Issuance on a date that will officially be announced. The other members of the delegation include; the Yusra Sukuk-lead arranger, Stanbic Bank Group,the Book Runners, Bank of Uganda, Standard Gauge Railway team, NS Kigozi Advocate- Sukuk Legal Advisor, Salaam Bank Uganda Limited the Receiving Bank and other staff in the Debt Policy and Issuance Department of MoFPED. The DST,Ocailap said the aim of the roadshow is market sounding, pricing discovery and building investor relations to ensure success of the planned Sovereign Sukuk Issuance. @mofpedU will in the coming days share detailed information with Ugandans about this kind of innovative financing and the significance of the upcoming Sovereign Sukuk Issuance. @newvisionwire @DailyMonitor @ubctvuganda @nbstv @ntvuganda @UgandaMediaCent @GCICUganda

Uganda's President retains his position at the helm of the East African nation as it gears up to become an oil producer bloomberg.com/news/articles/…

We are pleased to announce the appointment of Mr. Godfrey Byekwaso as Managing Director of Centenary Bank Uganda, effective July 2026. He succeeds Mr. Fabian Kasi, who has led the bank through 16 years of phenomenal growth. We sincerely thank Mr. Kasi for his remarkable service and invaluable contribution to Our Bank.

Do you Ugandans remember the service award to Mpuuga and the 3 parliamentary commissioners we revealed during our first Parliament exhibition? The same commissioner received another "service award" totaling to Ugx 1,800,000,000 last year (2025). The PAs for commissioners; Solomon Ssilwanyi, Prossy Akampurira Mbabazi and Mathias Mpuuga picked the money on behalf of their bosses. commissioner, Afoyochan picked it herself. #UgandaParliamentExhibitionII

Ugandan lawmakers pass controversial legislation with harsh penalties for entities and individuals receiving foreign funding bloomberg.com/news/articles/…

Standard Chartered is selling its East African head office as the lender shrinks its physical presence on the continent. bloomberg.com/news/articles/…

Centenary Bank is proud to announce its 2025 financial results, achieving a record UGX 424.2 billion in profit after tax; a 23.9% year-on-year increase. These results tell a story of strong growth, wider reach, and community impact. Read more in this link to see what’s driving the numbers and what’s next: centenarybank.co.ug/article/our-20… #CentenaryBankResults2025

Uganda’s power supply remains stable and secure. However, to address emerging governance and accountability issues at Uganda Electricity Distribution Company Limited @UEDCLTD and strengthen oversight, the Government of Uganda @GovUganda and the Ministry of Energy and Mineral Development @MEMD_Uganda have undertaken targeted measures to safeguard service delivery and operational efficiency. These actions, led by the Ministry of Energy and Mineral Development, are part of routine governance to reinforce accountability and institutional performance. I assure all Ugandans that electricity distribution services will continue uninterrupted during this transition.

The Africa Finance Corp and the African Development Bank committed $500 million each to a railway that will connect Zambia’s copper mines to global markets bloomberg.com/news/articles/…

Kenya’s leader is banking on a sweeping infrastructure investment program to help him win a second term next year. bloomberg.com/news/newslette…

Turkish firm Yapi Merkezi is in talks with Kenya to electrify the East African nation’s Chinese-built railway, enabling it to seamlessly link with a line under construction in neighboring Uganda bloomberg.com/news/articles/…

Ethiopia’s biggest privately held bank became the latest company to list on the the nation’s nascent stock market, bringing the number of listings to four bloomberg.com/news/articles/…