Uganda Targets 20,000mw Power Capacity By 2040 As It Courts EU Investors

Uganda Targets 20,000mw Power Capacity By 2040 As It Courts EU Investors

Uganda is seeking increased European Union (EU) investment in electricity generation, transmission infrastructure and renewable energy as the government targets 20,000 megawatts (MW) of installed generation capacity by 2040 to support industrial expansion and its ambition of building a US$500 billion economy.

Museveni says cheap power key to Uganda’s factories

President Yoweri Kaguta Museveni has said affordable electricity is critical to Uganda’s industrial growth, urging investors in power generation to pay closer attention to tariffs so manufacturers can produce goods at competitive prices. Museveni made the remarks at State House Entebbe during a meeting with European Union ambassadors and investors, where he called for more […] The post Museveni says cheap power key to Uganda’s factories appeared…

President Museveni urges European investors to tap into Uganda’s economic opportunities

President Yoweri Kaguta Museveni has urged European investors to take advantage of Uganda’s economic opportunities, particularly in infrastructure, energy, manufacturing and agriculture, saying investment in productive sectors is key to expanding markets, creating jobs and accelerating economic transformation. The President made the remarks today at State House Entebbe during a meeting with European Union Ambassadors […]

Uganda, EU Urge Investors to Turn Shs10 Trillion Energy Talks into Projects

KAMPALA — The European Union and Ugandan officials have called on investors to translate business discussions into concrete investments in renewable energy, electricity infrastructure and green industrialisation, as Uganda and the EU mark 50 years of diplomatic and economic cooperation. Speaking at the Uganda-EU Business Forum 2026 at Kampala Serena Hotel, EU Ambassador to Uganda Jan Sadek said the partnership should deliver investment, jobs and…