Uganda calls for investment into energy sector

Ugandan Prime Minister, Ruhakana Rugunda. Photo: Getty Images.

JOHANNESBURG, SOUTH AFRICA (ADV) – Ugandan Prime Minister Ruhakana Rugunda has urged international businesses community to invest in the Ugandan solar, geothermal and other form of clean and renewable energy.

He was speaking during the underway three day Abu Dhabi Sustainability Week (ADSW) United Arab Emirates (UAE).

“As a country, we have to put in place relevant policies, laws and regulations that enable us to refocus on renewable energy development,” said Rugunda.

ADSW is the largest sustainability gathering in the Middle East, held annually each January. The event is dedicated to furthering the understanding of the major social, economic and environmental trends shaping the world’s sustainable development, and to empowering the global community to realise viable and effective strategies to mitigate climate change and address the energy and sustainability challenges of the future.

“To advance the electrification rate, Uganda has launched the free electricity policy and embarked on a drive to extend electricity to every sub-country countrywide. By 2020, the installed generation capacity will be close to 2012MW, largely from renewable energy sources,” said Rugunda.

The Prime Minister Sheikh Mohamed Bin Zayed and Rugunda discussed engaged on bilateral ties between the two countries, and means of development across sectors, especially in the trade and investment, and energy fields.

Both countries highlighted the importance of hosting various events during Abu Dhabi Sustainability Week, which shed light on issues concerning the environment, energy and water security, involving the international community to come up with innovative solutions to address sustainability issues.

Other members who attended the gathering include Dr Anwar Bin Mohammed Gargash, Minister of State for Foreign Affairs, Reem Bint Ibrahim Al Hashemy, Minister of State for International Cooperation, Khaldoon Khalifa Al Mubarak, Chairman of Abu Dhabi Executive Affairs Authority, EAA, Mohamed Mubarak Al Mazrouei, Under-secretary of the Abu Dhabi Crown Prince’s Court, Irene Nafuna Muloni, Uganda’s Minister of Energy, and Zaake Wanume Kibedi, Ambassador of Uganda to the UAE.

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