Bujagali Power Station
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Bujagali Power Station
The Bujagali Power Station is a hydroelectric power station across the Victoria Nile that harnesses the energy of its namesake; the Bujagali Falls, in Uganda. Construction began in 2007 and concluded in 2012. It was officially inaugurated on 8 October 2012 by Ugandan President Yoweri Museveni and Aga Khan IV in the presence of African politicians and investors. The capacity of the power station is 250 megawatts. The station was the largest hydroelectric energy source in Uganda, at the time it was commissioned. However, the planned Karuma and Ayago power stations would be larger. The funding for the station was a source of some concern, as investors joined and departed from the project. As of July 2014, the plant was managed by Bujagali Energy Limited, which selected Italian contractor Salini Impregilo to develop the project. Location The power station lies across the Victoria Nile, about north-west of the central business district of the city of Jinja and immediately north ...
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River Nile
The Nile, , Bohairic , lg, Kiira , Nobiin: Áman Dawū is a major north-flowing river in northeastern Africa. It flows into the Mediterranean Sea. The Nile is the longest river in Africa and has historically been considered the longest river in the world, though this has been contested by research suggesting that the Amazon River is slightly longer.Amazon Longer Than Nile River, Scientists Say
Of the world's major rivers, the Nile is one of the smallest, as measured by annual flow in cubic metres of water. About long, its covers eleven countries: the

AES Corporation
The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES is headquartered in Arlington, Virginia, and is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company. AES Ranks in the Top Ten of Fast Company's 2022 Best Workplaces for Innovators. History The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991. Sant was chairman, CEO, and president and Bakke was executive vice president until assuming the position of president in 1987. Bakke would ...
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Scatec
Scatec ASA, formerly Scatec Solar ASA is a Norwegian company which specializes in renewable energy systems. The company was founded by Dr. Alf Bjørseth in 2007. The two major shareholders of the company arScatec Innovation ASand Equinor. In November 2020, the company changed its name to Scatec ASA to reflect its broadened strategy going from solar company to renewable company. It is headquartered in Oslo, Norway, and the company has offices in Germany, Czech Republic, Italy, France, The Netherlands, United States, South Africa and India. The company has also invested in solar energy projects in Ukraine. From 2007 to 2020, the company specialised in developing, constructing, owning and operating large scale photovoltaic systems in emerging markets. The company has on several occasions partnered with the Norwegian government to complete projects. In 2020, Scatec Solar acquired SN Power from Norfund, reflecting the company's broadened strategy of including hydropower, Wind power, ...
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SN Power
SN Power is a defunct company that invests in clean, renewable energy on a commercial basis in emerging markets. SN Power was acquired by Scatec on 29th of January 2021. History The company was established in 2002. Along with Norfund, the Norwegian Investment Fund for Developing Countries, Statkraft created the international power company Statkraft Norfund Power Invest (in short called SN Power). The company was formed to promote economic growth and sustainable development in new and emerging markets. In May 2003, SN Power made its first investment, with the acquisition of 30 per cent of Nividhu in Sri Lanka, a venture partner that operates the power plants Assupiniella and Belihuloya. SN Power AS was reestablished as a new company in 2013 after its parent company Statkraft and Norfund decided to make changes to their share portfolios. On 27 September 2017 Statkraft and Norfund closed an agreement to swap shares in their jointly owned international hydropower assets. The agr ...
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The Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions, secondaries and growth equity. As of Q3 2022, the company's total assets under management were approximately United States dollar, US$951 billion, making it the largest alternative investment firm globally. Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter George Peterson, Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers, Kuhn, Loeb Inc., Lehman Brothers. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with $400,000 in Seed money, seed capital. The ...
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Government Of Uganda
Uganda is a presidential republic in which the President of Uganda is the head of state and the prime minister is the head of government business. There is a multi-party system. Executive power is exercised by the government. Legislative power is given to both the government and the National Assembly. The system is based on a democratic parliamentary system with equal rights for all citizens over 18 years of age. Political culture In a measure ostensibly designed to reduce sectarian violence, political parties were restricted in their activities from 1986. In the non-party "Movement" system instituted by President Yoweri Museveni, political parties continued to exist but could not campaign in elections or field candidates directly (although electoral candidates could belong to political parties). A constitutional referendum canceled this 19-year ban on multi-party politics in July 2005. Presidential elections were held in February 2006. Museveni ran against several candidates, ...
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Daily Monitor
The ''Daily Monitor'' is a Ugandan independent daily newspaper. Its name is shared by the ''Saturday Monitor'' and ''Sunday Monitor'', which are also published by Monitor Publications Limited. ''Daily Monitor'' averaged a daily circulation of 24,230 newspapers in September 2011. By the fourth quarter of 2019, that figure had dropped to 16,169 copies daily. Location The headquarters of the ''Daily Monitor'' and the Daily Monitor Publications, as well as the printing press of the newspaper, are located at 29-35 8th Street (Namuwongo Road) in the Industrial Area of Kampala, Uganda's capital and largest city. Overview The newspaper was established in 1992 as ''The Monitor'', and relaunched as the ''Daily Monitor'' in June 2005. The paper asserts that its private ownership guarantees the independence of its editors and journalists. The newspaper headquarters are housed in the same building that houses the other investments owned by Monitor Publications Limited, including ''Daily Monit ...
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Jubilee Insurance
The Jubilee Insurance Company of Kenya (JICK), mostly known as Jubilee Insurance, is an insurance company in Kenya, which has the largest economy in the East African Community. It is a wholly owned subsidiary of Jubilee Holdings Limited, a multinational insurance holding company, which maintains its headquarters in Nairobi, the capital of Kenya, with subsidiaries in Kenya, Tanzania, Uganda, Burundi, and Mauritius, with plans to expand on the African continent. History Jubilee Insurance was incorporated as a Kenyan financial services provider with headquarters in the coastal city of Mombasa. The company prospered and over the years, opened offices in other East African cities and towns, including Nairobi, Dar-es-Salaam and Kampala. The company also opened branches in the Indian city of Bombay and Karachi, Pakistan. On the Indian Ocean islands of Mauritius and Zanzibar. The company's parent, Jubilee Holdings Limited, was listed on the Nairobi Stock Exchange (NSE) in 1973, where ...
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Jubilee Holdings Limited
Jubilee Holdings Limited is a financial services holding company, with its headquarters in Nairobi, Kenya. The company maintains subsidiaries in Kenya, Uganda, Tanzania, Burundi, and Mauritius. Its activities are mainly in the insurance sector. Jubilee Holdings Limited is a large financial services conglomerate in East Africa, the Indian Ocean Islands, and parts of southwestern Asia. As of December 2013, the company controlled assets valued at over US$678 million (KES:61.16 billion), with shareholder's equity of approximately US$119 million (KES:10.7 billion) The company's subsidiary in Kenya, Jubilee Insurance Company Limited, was the largest insurance company in that country, the largest economy in the East African Community, according to a report by the Insurance Regulatory Authority, released in December 2014. Jubilee Holdings Limited The following is a list of subsidiaries (50+% shareholding) and associated companies (less than 50% shareholding) of Jubilee Holdings Limite ...
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Daily Nation
The ''Daily Nation'' is the highest circulation Kenyan independent newspaper with 170,000 copies. History The ''Daily Nation'' was started in the year 1958 as a Swahili language, Swahili weekly called ''Taifa'' by the Englishman Charles Hayes. It was bought in 1959 by the Aga Khan IV, Aga Khan, and became a daily newspaper, ''Taifa Leo'' (Swahili for "Nation Today"), in January 1960. An English language edition called ''Daily Nation'' was published on 3 October 1960, in a process organised by former editor of the British ''News Chronicle'', Michael Curtis (journalist), Michael Curtis. The publisher was East African Newspapers (Nation Series) Ltd, which later became the Nation Media Group with operations throughout the African Great Lakes region. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi. It also maintains a website, which hosts online editions of the daily and Sunday titles. Access is partially free a ...
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The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in th ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ...
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Aga Khan Fund For Economic Development
Aga Khan Fund for Economic Development SA is a Swiss for-profit entity and international development finance institution which invests in countries of East Africa, West Africa, Central Asia, and South Asia. It is based in Geneva, Switzerland. It was founded by Aga Khan IV and is part of the Aga Khan Development Network. History Aga Khan Fund for Economic Development (AKFED) was founded in 1984 and is a part of Aga Khan Development Network (AKDN). It consists of more than 150 companies and is active in 15 countries which employs more than 30,000 people. The agency works to build infrastructures that support economic development. Its major investments include the Financial Services, Industrial Promotion Services (IPS) and Tourism Promotion Services (TPS). These initiatives span improvements in banking, electricity, agriculture, hotels, aviation, and communications linkages. AKFED provides a living for millions of people, in particular in the agribusiness sector. For Example, A ...
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