afrol News, 20 April - Uganda is leaving no stone un-turned in forging partnerships for its newly found oil riches. Iran is invited to become a major partner.
This week the Ugandan leadership is expected to seek fresher investment partnerships in Iran, when President Yoweri Museveni hosts Iranian President Mahmoud Ahmadinejad.
Ugandan Foreign Affairs officials have confirmed that the Iranian leader will arrive in Kampala on Friday on a two-day state visit, during which he will hold bilateral talks with President Museveni on Iran's interest to invest in the country's oil sector.
The visit by Mr Ahmadinejad follows last year's trip by the Ugandan President to Iran, where the two leaders agreed on launching talks to help Uganda build an oil refinery.
Amongst some of the immediate partnerships was on training of Ugandans on the oil sector in Iran.
Iranians would also be invited to join the construction of a planned oil refinery in Uganda. This comes shortly after China had promised President Museveni to build a refinery.
Uganda has recently discovered huge oil and gas deposits inland, bringing a new promise to the country’s economic health and wealth. The opposition and civil society groups however have complained about an increasing lack of transparency in the Ugandan government's oil dealings.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
front page
| news
| countries
| archive
| currencies
| news alerts login
| about afrol News
| contact
| advertise
| español