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Bujagali Hydroelectric 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 250-megawatt power station was the largest hydroelectric energy source in Uganda when 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 of the former location of the Bujag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
River Nile
The Nile (also known as the Nile River or River Nile) is a major north-flowing river in northeastern Africa. It flows into the Mediterranean Sea. The Nile is the longest river in Africa. It 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 has one of the lowest average annual flow rates. About long, its covers eleven countries: the |
Government Of Uganda
The politics of Uganda occurs in an Authoritarianism, authoritarian context. Since assuming office in 1986 at the end of the Ugandan Bush War, Ugandan civil war, Yoweri Museveni has ruled Uganda as an Autocracy, autocrat. Political party, Political parties were banned from 1986 to 2006 in the wake of the 2005 Ugandan multi-party referendum which was won by pro-democracy forces. Since 2006, Museveni has used legal means, patronage, and violence to maintain power. Under the Constitution of Uganda, Ugandan constitution, Uganda is a Presidential system, presidential republic in which the President of Uganda, President 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 29 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 agreem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson, Peter Peterson and Stephen A. Schwarzman, Stephen Schwarzman, who had previously worked together at Lehman Brothers. 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 across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in Seed money, seed capital. The founders derived their firm's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Uganda
The politics of Uganda occurs in an Authoritarianism, authoritarian context. Since assuming office in 1986 at the end of the Ugandan Bush War, Ugandan civil war, Yoweri Museveni has ruled Uganda as an Autocracy, autocrat. Political party, Political parties were banned from 1986 to 2006 in the wake of the 2005 Ugandan multi-party referendum which was won by pro-democracy forces. Since 2006, Museveni has used legal means, patronage, and violence to maintain power. Under the Constitution of Uganda, Ugandan constitution, Uganda is a Presidential system, presidential republic in which the President of Uganda, President 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Monitor
The ''Daily Monitor'' is an independent daily newspaper in Uganda. Launched in 1992 as ''The Monitor'', it established itself as a leading voice critical of the government and is one of the two largest national newspapers, alongside the state-owned '' New Vision''. The paper is published by Monitor Publications Limited, which is majority-owned by the Nairobi-based Nation Media Group (NMG). History Founding (1992) ''The Monitor'' was founded on 24 July 1992 by a group of six journalists who had resigned from the government-owned newspaper, ''The Weekly Topic''. The founders included Wafula Oguttu, Charles Onyango-Obbo, James Serugo, David Ouma Balikowa, Richard Tebere, and Kevin O'Connor. Their objective was to create a newspaper that was independent of government control and could provide critical, in-depth coverage of politics and current affairs at a time when the media landscape was heavily dominated by state-run outlets. The newspaper quickly gained a reputation for its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jubilee Insurance Company Limited
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, wher ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Limit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Nation
The ''Daily Nation'' is a Kenyan newspaper. It was founded in 1958 and is published in Nairobi. History The ''Daily Nation'' was started in the year 1958 as a Swahili weekly called ''Taifa'' by the Englishman Charles Hayes. It was bought in 1959 by the 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. The publisher was East African Newspapers (Nation Series) Ltd, which later became the Nation Media Group, with operations throughout the African Great Lakes region and is owned by the Aga Khan. Goan Kenyan journalist Cyprian Fernandes worked at the ''Daily Nation'' and ''Sunday'' ''Nation'' from 1960 until he was forced to flee Kenya around 1973, owing to his investigative journalism probing irregularities which came too close to the government under ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya since 7 November 1994, by the Nation Media Group, which also publishes Kenya's national ''Daily Nation''. The ''EastAfrican'' also circulates in the other countries of the African Great Lakes region, including Tanzania, Uganda, and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. In 1993, the Nation Group's managing editor, Wangethi Mwangi, requested experienced British journalist Gerry Loughran to return to Kenya to establish a regional newspaper. Joined by future editor Joseph Odindo and future marketing manager Jerry Okungu, Loughran traveled to Nairobi, Mombasa, Kisumu, Kampala, Arusha, Dar es Salaam, and Zanzibar Zanzibar is a Tanzanian archipelago off the coast of East Africa. It is located in the Indian Ocean, and consists of many small Island, islands and two large ones: Unguja (the main island, referred to informally as Zanzibar) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Promotion Services
Industrial Promotion Services (IPS) is the industrial development arm of the Aga Khan Fund for Economic Development (AKFED). AKFED is a member of the Aga Khan Development Network. Location IPS is headquartered in Nairobi, Kenya, and has subsidiaries in Tanzania and Uganda. Development projects The development projects that IPS is involved in include: * An equity participation in the 74MW Kipevu II Power Plant in Kenya * An equity participation in the 288MW Azito Power Plant in Ivory Coast * An equity participation in the 250MW Bujagali Power Plant in Uganda. Other partners in this project include Sithe Global Power LLC, an American power development company. Sithe Global Power LLC, is owned by the Blackstone Group and Reservoir Capital Group. * Through its Special Purpose Vehicle subsidiary West Nile Rural Electrification Company, an equity participation in the 3.5MW Nyagak I Power Station in West Nile sub-region, in Northern Uganda Ownership The shareholders in IPS are sum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
