Earlier today, Equity Bank Managing Director, Gift Shoko, alongside members of the bank’s Board, visited the Mahathi Infra Uganda Limited terminal in Bugiri Bukasa. The visit highlights the bank’s ongoing commitment to supporting major infrastructure projects in Uganda.
The Mahathi terminal, which was officially launched by His Excellency President Yoweri Kaguta Museveni in July 2024, is a key component of Uganda’s fuel transportation and storage infrastructure. The terminal features a state-of-the-art 70 million litre tank farm, which was funded through a partnership between Equity Bank Uganda and its strategic partners.
The tank farm is designed to store large quantities of fuel, ensuring reliable and efficient supply to meet Uganda’s growing energy needs. In addition to the tank farm, the terminal is equipped with two barges, each with a capacity of 4.5 million litres. These barges are responsible for transporting fuel from Kisumu, Kenya, to Uganda, significantly reducing reliance on road transport and improving the efficiency of fuel distribution across the region.
During the visit, Gift Shoko emphasized the pivotal role of the Mahathi terminal in enhancing Uganda’s energy security.
“Equity Bank is proud to be part of this transformative project, which is not only vital for the country’s fuel supply but also contributes to regional integration by streamlining the importation process,” Shoko said.
The project’s completion is expected to have a significant impact on the local economy, improving fuel availability, reducing transportation costs, and boosting Uganda’s overall infrastructure development.
Equity Bank’s support for infrastructure projects such as the Mahathi terminal underscores its long-term commitment to sustainable development in Uganda, contributing to national progress and regional growth.
