Uganda National Oil Company (UNOC) chief executive Proscovia Nabbanja is set to showcase Uganda’s investment opportunities at African Energy Week (AEW) 2025 as the country gears up for its first oil production by the end of the year.
Nabbanja, who has been instrumental in shaping Uganda’s oil and gas sector, will highlight strategic projects such as the Lake Albert Development Project and the East African Crude Oil Pipeline (EACOP), both of which are set to transform Uganda into a net oil producer.
Uganda’s oil reserves – estimated at 1.4 billion barrels – are being developed by TotalEnergies and China National Offshore Oil Corporation (CNOOC), with UNOC playing a key role in ensuring national participation and infrastructure rollout.
EACOP, a 1,443-km heated pipeline linking Uganda’s crude to the Port of Tanga in Tanzania, will be the longest of its kind once completed, enabling the country’s oil export ambitions despite previous financing hurdles.
UNOC is also prioritising domestic refining and storage capacity to enhance energy security and drive economic growth.
The upcoming AEW 2025 conference will provide a platform for Nabbanja to engage potential investors across the oil and gas value chain, including pipeline construction, logistics, infrastructure development and workforce expansion.
AEW programme director Oré Onagbesan hailed Uganda’s energy push, noting its readiness for global partnerships.
“Uganda is making bold moves to monetize its resources and become a key oil producer in East Africa… We are proud to welcome Proscovia Nabbanja to AEW 2025, where she will showcase how Uganda is open for business and ready to partner with global investors,” Onagbesan said.
With UNOC actively seeking strategic and financial partners, Uganda’s oil and gas transformation offers lucrative prospects for investors looking to enter one of Africa’s most promising frontier markets.
JN/APA