Uganda’s Energy Ministry has expressed dissatisfaction in the implementation of the $5 billion Ayago hydropower project. The Minister of Energy, Ruth Nankabirwa has shown her discontent with the delays, suggesting that the government seeks a new investor. Once completed, the project is anticipated to produce 840 MW of electricity annually. It was awarded to Bridging Foundation, which promised a $5 billion investment.

One half of the investment ($2.5 billion) was to be designated for energy. On the other hand, the other half was to facilitate implementation in other areas. Nankabirwa noted that the government has given the Foundation 365 days under certain conditions. “I am not pleased with the pace at which Bridging Foundation is moving forward,” she said. Moreover, she noted that she has informed the president to consider other viable investors. With a planned capacity of 840 MW, the Ayago project is expected to be a significant energy hub in the country.