TotalEnergies has signed an agreement with Bujagali Energy Ltd as part of its plans to invest in energy projects, particularly renewable energy.

The deal will see the oil company acquire a 28.3 per cent stake in the hydropower plant located in Jinja, 80km east of Kampala.

For more information, please see https://www.theeastafrican.co.ke/tea/business/green-energy-totalenergies-acquires-uganda-power-plant-4709632