Saturday, March 21, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home Business

Uganda Signs $400 Million Deal for Green Hydrogen Fertiliser Plant

Kehinde Giwa by Kehinde Giwa
February 16, 2024
in Business
0
Uganda Signs $400 Million Deal for Green Hydrogen Fertiliser Plant
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Uganda’s Energy Minister Ruth Nankabirwa on Thursday signed a joint development agreement with Industrial Promotion Services (IPS) and Westgass International for a green hydrogen fertiliser plant.

The plant will be strategically located at Karuma, Kiryandogo District, within Bunyoro sub-region to leverage its proximity with the 600 megawatts Karuma hydropower plant.

Related posts

Nigeria: Dangote Refinery Hikes Petrol Price Again, Citing Global Tensions

Nigeria: Dangote Refinery Hikes Petrol Price Again, Citing Global Tensions

March 21, 2026
Nigeria’s President Tinubu to Embark on Historic UK State Visit on Tuesday to Strengthen Bilateral Ties

Nigeria’s President Tinubu to Embark on Historic UK State Visit on Tuesday to Strengthen Bilateral Ties

March 16, 2026

According to Ms Nankabirwa, the significance of the project extends far beyond the realms of agriculture.

She said the project aims to reduce the country’s dependence on imported fertilisers, therefore strengthening economic resilience and sovereignty with an estimated investment of about $400 million (Ush1.55 trillion).

The minister further explained that the project seeks to increase the production of nitrogen fertiliser to about 200,000 tonnes annually and would take up to 100 megawatts of electricity from the Karuma power station.

“This aligns with the energy policy that seeks to support industrialisation through electrification,” Ms Nankabirwa said.

She also added that the initiative is expected to create more than 300 direct jobs.

Tags: FertiliserGreen Hydrogen
Previous Post

Three Dead as Bus Conveying B2Gold Employees Attacked in Mali

Next Post

Super Falcons Releases Squad For Cameroon in Olympic Qualifier

Next Post
Super Falcons Releases Squad For Cameroon in Olympic Qualifier

Super Falcons Releases Squad For Cameroon in Olympic Qualifier

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

BREAKING: Super Eagles of Nigeria Await AFCON Bonus Payments Ahead of Quarter-Final Clash

BREAKING: Super Eagles of Nigeria Await AFCON Bonus Payments Ahead of Quarter-Final Clash

2 months ago
South Africa Suspected Murderer Waives Bail

South Africa Suspected Murderer Waives Bail

1 year ago
Chad Cites Misalignment with Current Security Needs for Ending Pact with France

Chad Cites Misalignment with Current Security Needs for Ending Pact with France

1 year ago
President Ruto Urges Simplified Business Processes to Accelerate Africa’s Economic Growth

President Ruto Urges Simplified Business Processes to Accelerate Africa’s Economic Growth

11 months ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.