The AfDB and Uganda’s Ministry of Energy and Mineral Development launched the Uganda National Energy Compact during the Africa Energy Market Place in Kampala.
The Compact forms part of Mission 300, a joint AfDB and World Bank Group initiative seeking to connect another 300 million Africans to electricity by 2030.
Uganda aims to increase electricity access to 85% and clean-cooking access to 50% by 2030.
The Compact targets about 2 500MW of operational generation capacity, with projects providing another 5 800MW expected to reach financial close for commissioning after 2030.
Uganda also plans to develop 2 712 mini-grids and export between 500MW and 650MW of electricity to neighbouring countries.
The government is seeking to mobilise $17.7 billion, including $9.4 billion from private investors. “The value of energy investments is seen in the opportunities it creates for our people, reliable electricity that makes irrigation, processing and cold storage possible for a farmer,” Uganda Prime Minister Robinah Nabbanja said.
Stakeholders agreed on projects intended to begin operating by the end of 2030, and others expected to reach financial close within the same period.
A Compact Delivery and Monitoring Unit will be established within the Ministry of Energy and Mineral Development to oversee implementation and accountability. “This Compact adds a delivery plan with dates, owners and financing behind it,” Uganda Minister of Energy and Mineral Development Monica Masanza said.
“Uganda is ready to deliver.”
AfDB Vice-President for Power, Energy, Climate and Green Growth Kevin Kariuki said Uganda’s largely untapped renewable-energy potential and planned reforms could strengthen the country’s role in the East African Power Pool.
The Forum also produced an Energy Access Investment Brief and recommendations covering policy and regulatory reforms.
AfDB Director for Energy Financial Solutions, Policy and Regulation Wale Shonibare said the meeting had strengthened conditions required to attract private capital.
Uganda first presented the Compact at the Africa Energy Forum in June.
The Compact Delivery and Monitoring Unit is expected to publish the first progress report in December 2026.
–AfDB/ChannelAfrica–
