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Daily Monitor·2 min read·medium

Museveni, Suluhu sign new energy partnership

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Philip Wafula, Andrew Bagala
Museveni, Suluhu sign new energy partnership
AI Summary

The presidents of Uganda and Tanzania have signed a memorandum of understanding to develop a regional energy hub in Tanga. This partnership aims to boost petroleum infrastructure, industrialization, and cross-border trade in East Africa.

President Museveni and his Tanzanian counterpart, Dr Samia Suluhu Hassan, have launched a new chapter in Uganda-Tanzania energy cooperation, following the signing of a memorandum of understanding (MoU) which seeks to accelerate regional petroleum infrastructure, industrialisation and cross-border trade. The agreement, which was signed in Dar es Salaam yesterday, marks the beginning of a broader journey towards building a competitive regional energy market capable of creating jobs, attracting investment and positioning East Africa as a global energy player, a statement released by State House, Uganda, said.

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