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sevo

President Museveni On Unlocking Uganda’s Potential With Value Addition

President Yoweri Museveni strongly advocates for value addition as a means to promote economic development and reduce poverty in Uganda. In his concept, value addition involves the process of transforming raw materials into finished products that have a higher value than the raw materials themselves. Value addition is crucial for Uganda’s economic growth because it […]

oli industry

Uganda Commences First Oil Drilling Program, Aims for 2025 Production Goal

According to Uganda’s petroleum agency, Uganda began its first oil drilling program marking a significant development as the nation rushes to meet its goal of producing its first oil in 2025. The Kingfisher field is a component of a $10 billion plan to develop the oil reserves under Lake Albert in western Uganda and to […]