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Showing posts from November, 2013

technology for producing electricity, drinking water and heat launched

The market leader in energy management with operations in more than 100 countries, inaugurated the MiCROSOL project aims to develop a single, modular standard technology for producing electricity, drinking water and heat simultaneously, primarily to benefit micro-industries located in rural areas of countries with high levels of sunshine, especially in Africa. MiCROSOL is based on the principle of co-generation of electricity and heat, applying a new approach to a technology that is already widespread – solar thermodynamics. The solution focuses its constraints on the design of thermal storage that only uses environmentally-friendly products.  Its purpose is to simultaneously meet three basic needs regularly expressed by these people: Access to electricity that is reliable, efficient and inexpensive; Clean drinking water that is produced economically and consistently; and Heat generation that is continuous and environmentally sound.  Microsol can help micro-producer...

NSSF unveils New real estate investment

The National Social Security Fund has unveiled the $ 400M investment project in housing and multipurpose developments in Lubowa. The project is expected to activate the fund’s property that has been redundant especially land. The housing project is also probable to boost the fund’s performance and expected to increase the members’ interest gains to 20% upon completion. The real estate project is the first one of it’s kind that the National Social Security Fund is under-taking. It is aimed at offsetting utilization of the fund’s available land for profit and interest fetching investments to increase performance in real estate. The 565 acres of land in Lubowa was bought ten years back in 2003 at 50 million shillings per acre. The land will therefore be developed into a housing estate under the theme live, work and play. The land which is currently under cultivation will be developed into a self-sustaining and multi-purpose area. It will have 2741 housing units of different typ...

Uganda makes progress in extractive industry management

Now that Uganda has moved to the development stage of oil and gas life span besides several artisan mineral activities, it is important that management frameworks are adopted to ensure effective value is attained from the resources. The extractive resources are often a blessing with expertise and good management from the host country but it’s likely to turn into a curse with lack of accountability and transparency. Government has therefore launched the country energy Frame work Program for nuclear energy a reference for the medium-term planning of technical cooperation that identifies priority areas where the transfer of nuclear technology and technical cooperation resources will be directed to support national development goals.   According to Uganda’s’ prime minister Patrick Ammama Mbabazi, the frame work comes at a time when Uganda has discovered vast    deposits of minerals, gas and oil, Uranium as well. The minister of energy and Mineral Development Engineer...