Baz Waiswa

Baz Waiswa

New Tenants Getting Free Three Months’ Rent At Segawa Market

Rent is a cost any starting or Small and Medium Enterprises (SMEs) business dreads and is reportedly one of the reasons why such business fail to start or to thrive through its first and second years of existence.

Well aware of this bottleneck failing business startups and their survival, Haruna Enterprises, the real estate firm with a number of commercial buildings in Kampala, is offering three months free of rent as a bonus to tenants who booking for space at the new magnificent Segawa Market, a mall located at Mwanga II Road, opposite Lubiri.

Businessman and proprietor of Haruna Enterprises Haruna Sentongo said this has been done to help tenants grow their businesses without worrying about rent. Mr. Sentongo under Haruna Enterprises owns a variety of commercial building in the city such as Haruna Towers in Wandegeya and another one located in Ntinda

Segawa Market is fully installed with electricity, standby generators, water supply and water tanks to store water for emergencies and a security detail backed by Uganda Police. The property is suitable for business and office space hire.

The shops come in all sizes and prices on the first and second floor and for all sorts of businesses. Therefore, if you are looking for a place to put your business, office in Kisenyi and the large Lubaga division, Segawa Market is the place to go.

African Energy Chamber Lures Germany To Bring Investment To Continent

The African Energy Chamber congratulates the German Government and the African-German Business Association (Afrika-Verein der deutschen Wirtschaft) on the success of the 13th German-African Energy Forum that took place in Hamburg on March 27 and 28, under the theme "Realizing & Financing Africa's Energy Revolution".

With a strong focus on the financing of energy projects on the African continent and highlighting innovative approaches for financing off-grid projects and partnerships, the Chamber believes the time is now for Germany to compete and become and active participant in Africa's development.

The Chamber team participated in various negotiations with German companies on energy projects that will create jobs, investments and business opportunities in Africa especially for women entrepreneurs and young people.

"Initiatives such as the German-African Energy Forum are important to create the platforms Africa needs to attract technology and capital within its energy value-chain," declared Centurion Law Group CEO and AEC Executive Chairman NJ Ayuk from Hamburg.

"Germany's energy collaboration with Africa is key for the continent's energy security and the development of reliable and affordable supply of power to Africans. I am sincerely happy to see a lot of good deals taking shape."

The African Energy Chamber notably highlighted in Hamburg the role that natural gas can play for Africa's energy industry, calling on German companies to invest in natural gas infrastructure projects in Africa such as gas-to-power, petrochemicals or fertilizers and share their expertise in that field.

"Natural gas is the future of Africa's energy security and our move to beat the resource curse and create jobs for young people" declared NJ Ayuk. "Germany, and Europe in general, has expertise in the processing of natural gas, be it producing power from methane through waste-to-power facilities, or developing the right technologies and equipment needed for the development of robust and efficient gas value-chains."

For over a decade, the German-African Energy Forum has attracted thousands of participants from over 50 countries. The Chamber recognizes the contribution of this event to Africa's energy dialogue and to attracting investments within the continent and will be pursuing such engagement at the APPO Cape VII Congress & Exhibition in Malabo, Equatorial Guinea on April 1st-5th, 2019.

Hanergy Debuts At The Solar Show Africa 2019

The world's largest thin-film solar power solution company, Hanergy Thin Film Power Group, showcased its path-breaking solar-power products, at the 22nd edition of The Solar Show Africa 2019, Africa’s largest and longest running power and electricity show that lasted from March 26-27th.

As part of the two-day exhibition and conference held at Sandton Convention Centre, Johannesburg, Hanergy showcased a series of its most promising solar solutions, such as HanTile, HanWall, HanBrick, Humbrella, HanPack, HanPaper, Solibro Slide-In mounting system, GSE & MiaSolé Flex modules, presenting solar-powered solutions for industries, and residential individuals.

The show welcomed over 8000 attendees and hosted a mecca of solar solution providers spanning 4 halls and thousands of square metres. Amongst 148 exhibitors besides Hanergy, other prominent Chinese players were Trina Solar, Jinko Solar & JA Solar.

Hanergy’s debut at The Solar Show Africa 2019 is a clear indication of company’s massive expansion plans in African continent. Hanergy is underway with its robust expansion plan in Africa, and has already initiated several projects locally.

The company’s participation in this year’s exhibition and conference has been instrumental in exploring significant partnerships with varied national and international companies.

Mr. Pan Xiang, Sales Director of Hanergy South Africa says, "We're extremely delighted to have exhibited our revolutionary energy solutions for the first time at The Solar Show Africa 2019 which is undoubtedly one of the Africa’s leading exhibitions for solar industry and its partners.

We believe, not only has the prestigious exhibition and conference presented Hanergy with a platform to showcase our promising solar solutions for Africa market, but our participation has also ensued unique networking opportunities allowing us to solidify our current relationships and build new ones to expand in Africa market."

“We have explored multiple partnerships with a number of national and international companies. Hopefully, we’ll soon be able to announce the partnerships with number of companies in days to come,” he added.

Deemed to be the basis for promising projects, the varied exhibits from Hanergy received unprecedented response, particularly the visitors expressed a lot of interest in HanTile, a pioneering solar rooftop solution; Solibro’s Slide-In mounting system; GSE & MiaSolé Flex modules. Hanergy’s Booth No -  K5&K6 spanning 72 square metres of area, received maximum footfalls giving company an opportunity to host a virtuous number of potential clients.

Africa had 580 million people who were off-the-grid in 2016 and is expected to be home to 80 percent of the world’s off-the-grid population by 2030, according to the International Energy Agency.

With incredible market opportunity that’s not being met by the relatively small handful of companies that are operating on the continent, Hanergy has a righteous opportunity to strengthen its foothold in the country by aiding off-grid African communities to embrace solar energy through collaboration with local government authorities.

Hanergy’s solar cells set the world record for conversion efficiency several times, with the newest one being 29.1%. It launched and upgraded handful of consumer products in 2018, including Humbrella, solar-powered umbrella; SolarTank, solar backpack; HanPower, solar power bank, retaining its leading position in mobile energy sector. Subsequently, with the debut of HanTile in April 2018 and HanWall in September 2018, Hanergy upped-the-ante in global building-integrated PV segment.

UCMP Convention To Focus On Commercialization Of Uganda’s Oil & Gas

Uganda Chamber of Mines & Petroleum (UCMP) with the fifth edition of its annual Oil & Gas Convention with discussions expected to prioritize commercialization of the country’s hydrocarbons.

The convention scheduled for 9th- 11th April, 2019 will take place at Speke Resort Munyonyo under the theme: "2019 Decision Time: "Countdown to Commercialization.”"

The chamber organizes the convention in partnership with Ministry of Energy and Mineral Development and private companies working or interested to work in the sector.

The chamber says the event has established itself as an effective business platform for developing and strengthening mutually beneficial partnerships among all stakeholders.

The Chamber is upbeat hoping to build on the sector's successes of 2018 to realize more sector growth especially when the Joint Venture companies arrive at Final Investment Decision (FID) and announce EPCs winners for Tilenga and Kingfisher projects.

The Chamber says, "The country’s oil and gas sector has continued to expand and now covers new petroleum exploration, infrastructure development for producing the discovered petroleum (development), together with the designing and putting in place the infrastructure required to commercialize the petroleum to be produced (refining and pipelines).

“The event shall also highlight ongoing skills and capacity development efforts implemented by the sector’s strategic partners including the new Business Incubator.

“The convention will deliver a robust programme featuring diverse initiatives, activities, onsite supplier development engagements and presentations from global and local expert speakers to showcase our journey in the Oil & Gas sector serving all areas of the industry.”

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