Uganda
Strong consumer demand and high activity in sectors such as construction drove Uganda's economy to expand by 8.5% during the financial quarter that ended in December 2025.
Uganda's Finance Ministry announced late on Tuesday that the country's economy had grown by 8.5% in the last financial quarter that ended in December 2025. A year earlier, growth in the same quarter had stood at 5.4%.
Announcing the results in a post on X, the Finance Ministry said that the positive development at the end of December was due to several factors.
Strong consumer demand and increased activity in several sectors, among them construction, helped build economic growth.
The Ministry also announced that a $5 billion pipeline meant to help Uganda export its crude oil to international markets through Tanzania's coast is nearly finished. Only 20% of the pipeline's construction are missing, according to the Ministry.
Uganda's government puts much hope into the economic driving force of the pipeline: it projects 2.2 trillion Ugandan shillings ($587.04 million) in revenues from oil exports for the coming financial year.
Go to video
Grey expands African payout network as cross-border payments demand grows
11:19
Dangote’s Big Energy Expansion: From Nigerian Refinery to African Powerhouse {Business Africa}
01:00
Egypt / China: Top officials meet in Beijing on Friday
02:01
Johannesburg’s waste crisis leaves communities surrounded by illegal dumps
11:18
'African risk premium': AU launches own credit rating agency [Business Africa]
01:50
Dangote IPO draws interest from Nigerians keen to invest