Public Management

Uganda and Algeria reinforce ties with 7 bilateral agreements

Monday, 13 March 2023 14:39
Uganda and Algeria reinforce ties with 7 bilateral agreements

(Ecofin Agency) - Ugandan President Yoweri Museveni is on an official visit to Algeria since Saturday, March 11. The visit comes at a time when Algeria and Uganda, two strategic African mining countries, want to strengthen their mutual investments in various sectors.  

Uganda and Algeria recently strengthened their cooperation through seven new bilateral agreements signed during President Yoweri Museveni’s official visit to his counterpart Abdelmadjid Tebboune.

The two countries specifically signed two cooperation agreements and five memoranda of understanding. The bilateral agreements cover various vital sectors, namely energy, tourism, trade, agriculture, animal health, as well as higher education and scientific research, we learn from the Algerian press. The objective for both governments is to facilitate mutual investment in the said sectors while allowing Algeria to implement its strategy to re-establish cordial relations with the rest of Africa. For President Abdelmadjid Tebboune, this is a strategic direction for Algeria. 

As the fourth largest oil producer in Africa, Algeria has extensive experience in the management of energy resources that provide most of its foreign exchange earnings.  In Uganda, numerous new mineral deposits have been announced in recent years. With the country beginning its first oil drilling activities this year, it can benefit from Algeria’s experience in that sector.  

Let’s note that in February 2023, Algeria announced its plan to invest $1 billion to finance development projects in Africa. For the time being, however, no specific detail has been provided on the investments concerned.  

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Telecom


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.