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Equity Bank Unleashes a 70-Million-Litre Fuel Powerhouse in Bugiri Bukasa to Drive Uganda’s Future

by Mulengera
1 year ago
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Equity Bank Unleashes a 70-Million-Litre Fuel Powerhouse in Bugiri Bukasa to Drive Uganda’s Future
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By Mulengera Reporters

[A nation’s strength is measured not just by its people but by the infrastructure that drives its economy forward]. On February 13, in a bold display of commitment to Uganda’s energy security, Equity Bank Managing Director Gift Shoko, alongside members of the Board, visited the state-of-the-art Mahathi Infra Uganda Limited terminal in Bugiri Bukasa.

This landmark terminal, officially launched by H.E. President Yoweri Kaguta Museveni in July 2024, is a game-changer in Uganda’s petroleum logistics.

Boasting a massive 70-million-litre tank farm, the facility, financed by Equity Bank Uganda in partnership with key stakeholders, ensures a steady, cost-efficient, and reliable fuel supply into the country.

Complementing this is a fleet of two high-capacity barges, each capable of transporting 4.5 million litters of fuel from Kisumu, Kenya, to Uganda, significantly reducing transport costs and environmental impact.

By investing in such transformative infrastructure, Equity Bank Uganda is not only strengthening Uganda’s energy sector but also reinforcing its role as a financial partner in national development.

As the nation pushes for economic resilience, this terminal stands as a testament to the power of strategic partnerships in fueling progress, literally and figuratively. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).

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