<\/p>\n
The AfDB and Uganda\u2019s Ministry of Energy and Mineral Development launched the Uganda National Energy Compact during the Africa Energy Market Place in Kampala.<\/p>\n
<\/p>\n
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.<\/p>\n
<\/p>\n
Uganda aims to increase electricity access to 85% and clean-cooking access to 50% by 2030.<\/p>\n
<\/p>\n
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.<\/p>\n
<\/p>\n
Uganda also plans to develop 2 712 mini-grids and export between 500MW and 650MW of electricity to neighbouring countries.<\/p>\n
<\/p>\n
The government is seeking to mobilise $17.7 billion, including $9.4 billion from private investors. \u201cThe 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,\u201d Uganda Prime Minister Robinah Nabbanja said.<\/p>\n
<\/p>\n
Stakeholders agreed on projects intended to begin operating by the end of 2030, and others expected to reach financial close within the same period.<\/p>\n
<\/p>\n
A Compact Delivery and Monitoring Unit will be established within the Ministry of Energy and Mineral Development to oversee implementation and accountability. \u201cThis Compact adds a delivery plan with dates, owners and financing behind it,\u201d Uganda Minister of Energy and Mineral Development Monica Masanza said.<\/p>\n
<\/p>\n
\u201cUganda is ready to deliver.\u201d<\/p>\n
<\/p>\n
AfDB Vice-President for Power, Energy, Climate and Green Growth Kevin Kariuki said Uganda\u2019s largely untapped renewable-energy potential and planned reforms could strengthen the country\u2019s role in the East African Power Pool.<\/p>\n
<\/p>\n
The Forum also produced an Energy Access Investment Brief and recommendations covering policy and regulatory reforms.<\/p>\n
<\/p>\n
AfDB Director for Energy Financial Solutions, Policy and Regulation Wale Shonibare said the meeting had strengthened conditions required to attract private capital.<\/p>\n
<\/p>\n
Uganda first presented the Compact at the Africa Energy Forum in June.<\/p>\n
<\/p>\n
The Compact Delivery and Monitoring Unit is expected to publish the first progress report in December 2026.<\/p>\n
<\/p>\n
–AfDB\/ChannelAfrica–<\/p>\n
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