MARKET / UGANDA
#13Continent rank
23Deals tracked
$2,499mCapital tracked
2,597 MWPipeline
1,814 MWInstalled RE (2024, IRENA)
55%Electricity access (2024, World Bank)
$62bnGDP (2025, World Bank)
3.98%RE capital / GDP (12M)

Market primer

structure, counterparties and bankability context
Region / power poolEastern Africa · EAPP
Main offtakerUETCL
RegulatorERA
PPA frameworkNot yet researched
Currency / convertibilityUGX · Not yet researched
GDP per capita$1,206 (2025, World Bank)
Sovereign ratingsMoody’s · S&P · IMF DSA
Last updatedpending

Installed renewables

20152024, MW (IRENA)

Deals

every row source-linked
DateDealType$mConf
2026-06-25d.light PAYGo Securitisation (LSE Green Bond)project_finance50A
2026-06-18Uganda-Tanzania Interconnector Project (UTIP)project_finance250A
2026-06-18RETRADE-EA Programgrantpledge1,600A
2026-06-10Solar-powered irrigation systems project Phase IIproject_finance183A
2026-05-07UREAP Phases I & IIgrantpledge101A
2026-05-06Uganda clean energy concessional finance facilitycorporate_debt3B
2026-05-06Beyond the Grid Fund for Africa (BGFA)grant28A
2026-04-28AMEA Power renewable energy and storage portfolioequity_raise1,480B
2026-04-08Sawa East Africa Portfoliocorporate_debt10C
2026-04-01Sawa Energy C&I Portfoliocorporate_debt10A
2026-03-31P-REC Aggregation Facilitygrant11A
2026-03-27Amari Power Transmission Projectproject_finance50B
2026-02-09Uganda–Tanzania Interconnection Project (UTIP)project_finance250A
2025-12-03Sustainable Business for Uganda programme (Team Europe)grantpledge1,512B
2025-11-30Sawa Energyequity_raise3B
2025-10-29Kenya-Uganda Transmission Interconnectorguarantee_facilityB
2025-10-22Last-mile electricity connectivity projectgrant65A
2025-10-21Africa Tokenized Infrastructure Economy (GSN/Diacente)grantpledge5,500B
2025-09-22Klinchenberg BVma65A
2025-09-01Koolboks Series Aequity_raise11A
2025-07-10Cold Solutions Kazi Limitedcorporate_debt18B
2025-03-01Government of Ugandagrant11B
2025-02-18Housing Finance Bankcorporate_debt1B

Project pipeline

ProjectTechMWStatus
Uganda-Tanzania Interconnector Project (UTIP)Grid1,000early_development
KiryandongoHydro840construction
Kiba Hydropower ProjectHydro400early_development
Kapeeka Solar PV + BESS ProjectHybrid100late_development
Aeonian Project (USIO AI Factory)Hydro100early_development
EA Astrovolt Solar and BESS ProjectHybrid100early_development
Namanve Waste-to-Energy PlantOther45early_development
ORIO Mini HydropowerHydro7construction
Atari II Hydro ProjectHydro5early_development
Amari Power Transmission ProjectGridconstruction
Solar-powered irrigation systems project Phase IISolarlate_development
Uganda–Tanzania Interconnection Project (UTIP)Gridtendered
Kenya-Uganda Transmission InterconnectorGridearly_development
Buyende Nuclear Power Plantearly_development
Nyagak III HydroHydrooperational

Tariffs & policy

DateProgram / dealUS¢/kWhConf
2026-02-17ERA benchmark tariff5.10B
2026-04-27Geothermal Energy Development Strategy
Ministry of Energy and Mineral Development
2026-01-26Energy Transition Plan
Government of Uganda
2025-10-22Suspension of grid-connected solar and wind permits
Electricity Regulatory Authority (ERA)

Recent coverage

from the archive
2026-07-15GET TRAINED. GET CERTIFIED. GET HIRED. — FUNDED SOLAR PV TRAINING, 2ND COHORT Uganda's clean energy future needs skilled hands, will yours be one of them? Join our intensive 5-week Solar PV Systems Design, Installation &
Capital flow — shows which lenders/investors are open for business here; builds on prior coverage — trace "COHORT" in Storyline for the history
2026-07-13I was 11 when I was assaulted while fetching water in the dark. That was 1995. But 35yrs later, millions of families in Busoga, Eastern Uganda, still live without grid electricity. When the sun sets, children cannot stud
builds on prior coverage — trace "families" in Storyline for the history
2026-07-13Honoured to accept my co-directors/shareholders’ endorsement and appointment to serve as Founder CEO of Karamoja Solar Company Limited which has been duly permitted by the Government of Uganda through the Electricity Reg
Rule change — moves project economics and bankability for everyone in the market; builds on prior coverage — trace "shareholders" in Storyline for the history
2026-07-13Uganda: Transmission project nearly complete
builds on prior coverage — trace "nearly" in Storyline for the history
2026-07-08Gridworks Breaks Ground on US$50 Million Amari Transmission Project to Strengthen Uganda's Power Grid and Enable Regional Energy Trade
Execution milestone — pipeline converting to steel in the ground; disclosed size US$50 Million; builds on prior coverage — trace "Amari" in Storyline for the history
2026-07-07Uganda: Floating solar PV project procurement advances
builds on prior coverage — trace "Floating" in Storyline for the history
2026-07-06Uganda: Karuma power plant emerges as hydro-powered data centre hub
builds on prior coverage — trace "Karuma" in Storyline for the history
2026-07-06Uganda: Karuma emerges as hydro-powered data centre hub
builds on prior coverage — trace "Karuma" in Storyline for the history
2026-07-06Gridworks Launches Africa's First Privately Financed Power Transmission Project in Uganda
builds on prior coverage — trace "Privately" in Storyline for the history
2026-07-04Uganda’s $500 Billion Future: Why A Wartime-Scale Push On Electricity Transmission And Grid Modernization Is Urgent.
disclosed size $500 Billion; builds on prior coverage — trace "Modernization" in Storyline for the history
2026-06-11Parliament approves Shs734b for solar-powered irrigation systems
The Ugandan Parliament has approved a EUR 168.98 million (approx. USD 182.5 million) loan from UK Export Finance and Citi Bank for Phase II of a solar-powered irrigation project, signaling continued state investment in solar-linked agricultural infrastructure.
2026-06-08Equity Bank bets on green finance for Uganda’s clean energy push
Equity Bank Uganda has launched dedicated green financing products (Equi-Green Loans and Green Enterprise Financing) to support decentralized renewable energy adoption, signaling a shift toward specialized retail-level climate finance in the Ugandan market.
2026-05-20Who are the women at the helm of Uganda’s energy sector?
2026-05-13News: Museveni, Egypt’s El-Sisi agree on stronger trade, ind
2026-05-11Kenya targets more Ugandan electricity in 2027
Uganda has officially launched feasibility and ESIA studies for the 400 MW Kiba hydropower project, a key asset in the government's strategy to meet rising domestic demand and increase regional power exports to Kenya.
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