{"id":102218,"date":"2025-04-02T00:00:00","date_gmt":"2025-04-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/"},"modified":"2025-04-02T00:00:00","modified_gmt":"2025-04-02T00:00:00","slug":"dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/","title":{"rendered":"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery"},"content":{"rendered":"

Dubai-based private investment office <\/strong>Alpha MBM Investments<\/a><\/strong> agreed to become the <\/strong>lead partner on Uganda\u2019s USD 4 bn crude refinery project<\/strong>, acquiring a 60% stake in the project, Bloomberg<\/a> reports, citing an emailed statement from the Ugandan presidency\u2019s office. The refinery is set to produce 60k barrels of crude per day. The government will retain a 40% stake in the project. <\/p>\n

What we know: <\/strong>Negotiations for the agreement <\/span>began<\/a> in January of last year. Uganda is set to commence commercial crude oil production in 2025, tapping into fields within the Albertine Rift Basin situated in the western part of the nation, in proximity to the border with the Democratic Republic of Congo. The Ugandan government manages the oil fields through the state-operated Uganda National Oil Company, in conjunction with China's CNOOC and France's TotalEnergies. The agreement comes after the collapse of talks with a US consortium, which included Baker Hughes, last year over the refinery due to its inability to secure financing in a timely manner.<\/span><\/p>\n

What\u2019s next? <\/strong>The Ugandan National Oil Company will ink several agreements ahead of reaching final investment decision (FID), including a crude suppliers agreement and shareholders\u2019 agreement to set terms for the partnership. <\/p>\n

Who is Alpha MBM Investments?<\/strong> The investment office is led by Dubai royal family member Sheikh Mohammed bin Maktoum bin Juma Al Maktoum, with ventures in sectors ranging from tech and infrastructure to sustainable energy, according to its website<\/a>.<\/p>\n

ALSO<\/strong>- Uganda and the UAE signed five other agreements<\/strong> spanning aviation, tree planting, digital land management systems, logistics, and digital payment systems for government transactions, President Yoweri K Museveni said in an X post<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The refinery is set to produce 60k barrels of crude per day.<\/p>\n","protected":false},"author":1,"featured_media":102219,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[143,7,25],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-102218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam-uae","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"b2e2bb2a-6601-477e-a48e-841cba60be35","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/6.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery","related_issue":[102204],"teaser":"The refinery is set to produce 60k barrels of crude per day.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.45c9614b-7812-40e2-aeb2-323c1b58a3f9.mp3"},"yoast_head":"\nDubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery\" \/>\n<meta property=\"og:description\" content=\"The refinery is set to produce 60k barrels of crude per day.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-02T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery\",\"datePublished\":\"2025-04-02T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/\"},\"wordCount\":286,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1\",\"keywords\":[\"energy\",\"EnterpriseAM UAE\",\"INVESTMENT WATCH\"],\"articleSection\":[\"ENERGY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/\",\"name\":\"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-04-02T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/","og_locale":"en_US","og_type":"article","og_title":"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery","og_description":"The refinery is set to produce 60k barrels of crude per day.","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/","og_site_name":"UAE","article_published_time":"2025-04-02T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery","datePublished":"2025-04-02T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/"},"wordCount":286,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1","keywords":["energy","EnterpriseAM UAE","INVESTMENT WATCH"],"articleSection":["ENERGY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/","name":"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1","datePublished":"2025-04-02T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/02\/dubais-alpha-mbm-investments-to-invest-usd-4-bn-in-ugandan-crude-refinery\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Dubai\u2019s Alpha MBM Investments to invest USD 4 bn in Ugandan crude refinery"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/6.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/102218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=102218"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/102218\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/102204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/102219"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=102218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=102218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=102218"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=102218"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=102218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}