There’s a quiet crisis going on in Uganda. Things aren’t looking so good for our oil dreams. In the last 6 months the global price of crude oil has plummeted by close to 50%. Consequently, the estimated value of Uganda’s recoverable oil reserves has also fallen by over $70 billion. True to form however, pump prices in Uganda only ever seem to respond to increases in global prices and have barely moved. Many other nations are in trouble because of this. Venezuela with the worlds largest proven oil reserves requires crude oil to be above 100$ a barrel to balance its budget. Uganda’s problem is that it might not be able to produce oil profitably if global prices keep falling. Even worse for Uganda is that since we haven’t started producing oil yet, inertia is against us as investors have less incentive to invest in new areas.

The fall in the price of oil is mainly due to a price war between the US and OPEC. However, technology might also have a significant role to play in this price war. Particularly interesting is that it’s not necessarily technology on the market today that could be driving global oil prices down, it’s technology that might be as far as 10 years from the market. Consider what happens when an oil producer realises that the technology to replace oil is 15 years away from doing so. The oil producer will ramp up production to sell as much oil as possible in those 15 years so he isn’t left holding oil that no one wants. In this scenario the few countries that can meet world demand at the lowest cost of production will likely be the only ones exporting oil. The likes of Venezuela (and Uganda?) that require oil to be above 100$ a barrel will be unable to make money from their reserves. It might also mean that oil might never be profitable for Uganda to export unless we can pull off the miracle of having one of the most cost effective production processes.

Is there any evidence out there that shows technology is close to making oil obsolete? Let’s have a look at the last 2 years in renewable and alternative energy news. Note that most of the news linked to below is from just the last 8 months.

Renewables

In the next 10 years Germany intends to produce 40-45% of its electricity from renewable sources. Wind power in the Nordic and Baltic states is set to significantly drive down the demand for fossil fuel based energy sources. There are solar energy breakthroughs and innovations coming through at a faster pace than ever with more than 1 breakthrough a month on average the last 6 months. One study by Deutsche Bank predicts that solar energy will be competitive with fossil fuels by 2016. Yet another financial advisory firm actually says solar and wind have already reached parity (pdf) with fossil fuels.

Electric Vehicles (EVs)

Back in June, Tesla open sourced all its patents. This is significant because it means that other car manufacturers can use Tesla developed technologies to build their own EVs without fear of patent infringement suits or costly licensing fees. With tesla patents out there for the taking, it’s no wonder other manufacturers are considering building hybrid and all electric vehicles as well. Tesla itself plans to be producing half a million cars a year by 2020.

All this means there is a chance demand for internal combustion engines might start to fall as more and more people buy electric. Currently, more than half of crude oil refinery products ends up in internal combustion engines.

However, falling oil prices typically negatively affect the electric vehicle market. Cheap oil means less of a reason to go electric, due to this Tesla stock has fallen close to 20% since mid November.

Batteries

Compared to the electric car industry, advances in battery technology are relatively immune to drops in global oil prices. This is because modern demand for electronic gadgets (think tablets and smartphones) is more than enough to drive innovation in batteries since these devices largely ran on Lithium Ion battteries.

Currently, electric batteries just don’t have the energy density of oil products, so petrol driven cars still have more range than their all electric counterparts. This is set to change soon due to what’s happening in the world of batteries. Here’s a quick list of battery news mostly from the last 8 months.

Nanyang Technological University (NTU) in Singapore has developed a lithium ion battery that can be recharged to 70% capacity in just 2 minutes. The battery also has a lifetime thats up to 20 times longer than that of current Lithium ion batteries. It gets even better, the manufacturing process for this battery is compatible with that of current batteries. It also replaces the graphite anode with the cheaper titanium dioxide. Don’t be too surprised if Tesla includes this in it’s Giga factory.

Another notable breakthroughs came from a Stanford University team with a design that could triple the capacity of existing lithium ion batteries.

Tesla is targeting to reduce the cost of EV batteries by 30% with its Giga Factory by 2020. Fuel and maintenance costs for EV batteries and motors are already much lower than for combustions engines. Some analysts believe that if tesla surpases its 30% target and the cost of batteries drops to around 100$/KWh, then EVs will be cost competitive with combustion engine vehicles. With recent and future breakthroughs in battery technology, it is entirely plausible that Tesla will significantly surpass 30%. 5 years is a very long time in technology.

Fusion

There’s been significant developments in nuclear fusion as an alternative energy source this year. From the controversial Energy Catalyser of Andrea Rossi that many say is just too good to be true; to LPP fusion’s focus fusion and Lockheed Martin’s Compact Fusion . All of these are to be more compact and orders of magnitude less costly than the 20 billion dollar ITER that most believed would be the first to reliable fusion power. Lockheed Martin in particular is promising market readiness as in soon as a decade.

Fission

Regular nuclear fission isn’t standing still either. Leslie Dewan’s transatomic power is designing a Molten salt reactor that consumes nuclear waste. TerraPower a company Bill Gates has invested in, is developing a travelling wave reactor that needs to be refuelled only once every 30 to 40 years and reduces nuclear waste by consuming depleted Uranium. Toshiba’s 4S reactor is a small reactor that is inherently safe and also doesn’t require refuelling for up to 30 years. Other companies such as NuScale Power , Gen4Energy and Babcock &Wilcox are also working on the next generation of safe, modular reactors. Some of which are small enough to fit on a truck.

With modular nuclear surpassing the energy density of petroleum by several orders of magnitude, certain remote areas in the developing world might already find nuclear the cheaper energy option if they knew to look into it.

The bottomline here is that when you consider technology the relevance of oil has a finite lifespan that might much be shorter than the lifespan of global reserves. If renewables have already reached parity with oil, then we can be sure that oil is unlikely to fully recover from the drops of the last 6 months and our government had better have a good plan B.

photo: wikimedia

This account is managed by the in-house team at Dignited, a collective of passionate tech writers, editors, and enthusiasts dedicated to bringing you the latest insights, reviews, and news on consumer technology. For inquiries or feedback, feel free to reach out to us at [email protected] .

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Talkio Mobile , Uganda’s newest telecommunications service provider, is excited to announce a groundbreaking partnership with Banana Life Investments, a leading chain of mobile phone and retail shops. This strategic alliance aims to bring Talkio’s innovative telecom services closer to Ugandans.

This collaboration will leverage Banana Life Investments’ extensive retail network of 26 stores strategically located across Uganda in major malls, towns, and cities to provide customers with unparalleled convenience. Through this partnership, Talkio Mobile will offer its full suite of services, including SIM cards, airtime, and exclusive product offerings at any Banana Life Investment location.

This partnership is more than a business initiative—it’s a shared commitment to transforming lives. By integrating Talkio Mobile’s forward-thinking services & nationwide reach with Banana Life Investments’ retail footprint, the two brands are setting a new standard for customer convenience and inclusivity.

READ ALSO: 5 Things You Need to Know About Talkio Mobile: New Telecom Company in Uganda

“This partnership aligns perfectly with our mission of connecting Ugandans to innovative and transformative telecom solutions,” said Vianne Allan Ahura, CEO of Talkio Mobile. “By leveraging Banana Life Investments’ trusted presence and nationwide footprint, we are not only expanding our agent network but also bringing our services closer to the communities we serve. This collaboration ensures that our online customers can now enjoy a seamless offline experience right at their doorstep. Together, we are empowering Ugandans with the tools they need to stay connected, grow their businesses, and unlock new opportunities.”

Solomon Ssemuyaba, the assistant general manager at Banana Life Investments, echoed this sentiment: “We are proud to join hands with Talkio Mobile to deliver innovative, customer-centric solutions. This partnership represents our shared vision of fostering a connected future for Uganda. Together, we are redefining what convenience and accessibility mean for our customers.”

The partnership goes beyond retail distribution, introducing joint initiatives aimed at value addition and personalized service. Customers can expect seamless access to:

  • SIM Card Sales : Available at all Banana Life Investments locations.
  • Talkio phone number bookings : Book your preferred Talkio number at any Banana Life Investments location.
  • Airtime Services : Recharge easily through in-store purchases.
  • Customer Support : Friendly and knowledgeable staff trained to assist with Talkio Mobile products and services.

Additionally, the two companies plan to launch promotional campaigns and expand services to even more locations, ensuring no Ugandan is left behind in the digital transformation.

Solomon Obwot is a tech writer based in Kampala, Uganda, with extensive experience in the local tech startup ecosystem. He covers the latest news and analysis on consumer tech, writes in-depth smartphone reviews, and conducts insightful interviews with industry experts. Solomon is also a passionate podcaster, sharing his knowledge and engaging in discussions about Africa’s rapidly growing tech landscape. Send emails to [email protected]

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The Mobile World Congress (MWC) Barcelona , the world’s largest exhibition for the mobile industry, has just concluded. This annual event gathers leading technology brands to unveil groundbreaking mobile, AI, and digital solutions innovations. At MWC 2025, TECNO showcased a range of AI-driven products, reinforcing its commitment to cutting-edge technology.

The key launches included:

  • CAMON 40 Series – AI-powered smartphones with One-Tap FlashSnap and advanced mobile imaging features.
  • MEGABOOK S14 – The world’s lightest 14-inch OLED laptop, featuring AI-enhanced multitasking and Snapdragon® X Elite.
  • MEGABOOK T14 Air & K15S – Lightweight ultrabooks with AI capabilities and extended battery life.
  • TECNO AI Glasses Series – Smart eyewear integrating AI imaging, translation, and AR display.

Jan Stryjak, Associate Director at Counterpoint Research, shared, “In the past year, we have observed significant advancements in the field of AI. AI will continue to drive transformative changes in our daily lives. In this critical period for the economic development of emerging markets, TECNO’s AI technologies are unlocking potential for diverse needs.”

“The application of AI technologies is crucial and urgent in emerging markets. We’re committed to bridging the digital gap between emerging and mature markets,” said TECNO CMO, Laury Bai. “TECNO is taking a practical approach to make AI more accessible, ensuring users in emerging markets can access AI and cutting-edge technologies.”

Laury Bai, TECNO CMO

Driven by its commitment, TECNO has forged a robust partnership with MediaTek, establishing a joint AI laboratory dedicated to accelerating advancements in AI. At the event, James Chen, Vice President of Product and Technology Marketing at MediaTek, emphasized, “The synergistic R&D efforts between TECNO and MediaTek are set to democratize AI technology. Our collaboration powers a seamless, interconnected AI experience, bringing users a future of truly connected intelligence.”

James Chen, Vice President, Product and Technology Marketing at MediaTek

CAMON 40 Series Powered by AI One-Tap FlashSnap Revolutionizes Smartphone Snapshot Photography

TECNO’s Global Product Launch Officer, Olivier Mas, officially unveiled TECNO’s next-generation AI-driven products. Attendees at TECNO’s launch event witnessed the highly anticipated debut of TECNO’s new CAMON 40 Series, a device that embodies TECNO’s legacy of excellence in mobile imaging. Featuring One-Tap FlashSnap Mode and TECNO AI, the series sets a new benchmark in smartphone photography, delivering exceptional snapshot capabilities and AI-enhanced user experiences.

Olivier Mas, TECNO Global Product Launch Officer

The CAMON 40 Series exemplifies a commitment to innovation that transcends hardware and software, extending into strategic partnerships that deliver cutting-edge AI solutions to emerging markets. Matt Waldbusser, Managing Director of Global Solutions and Consumer AI at Google Cloud, remarked, “Our collaboration with TECNO on the CAMON 40 Series is a standout example. Leveraging Google Cloud’s capabilities, we’ve introduced groundbreaking features such as Ask Ella, AI Image Generator, AI Writing, and AI Translate. I am particularly impressed by the industry-leading and competitive edge of some of these innovations. For instance, TECNO’s AI supports text translation in 136 languages, voice translation in 44 languages, and photo translation in 51 languages. We are excited to further strengthen our partnership with TECNO, unlocking limitless potential to bring advanced yet practical AI capabilities to emerging markets in a convenient and secure manner.”

Matt Waldbusser, Managing Director of Global Solutions and Consumer AI at Google Cloud

The CAMON 40 Series’ innovative One-Tap FlashSnap leverages AI to enhance imaging capabilities, revolutionizing mobile photography. AI optimizes camera startup and continuous shooting for instant captures, while AI-powered multi-frame processing intelligently reduces noise and enhances details, delivering sharper, more refined images. Additionally, the BestMoment algorithm analyzes motion patterns, automatically selecting the optimal frames for precise, high-quality shots in dynamic scenarios, ensuring users an unparalleled mobile imaging experience.

TECNO CAMON 40 Demonstrates the Cutting-Edge FlashSnap Capability

To delve deeper into the imaging prowess of the CAMON 40 Series, TECNO invited Frédéric Guichard, CEO of DXOMARK, to share the image performance of CAMON 40 Pro. Frédéric highlighted, “The CAMON 40 Pro 5G has demonstrated exceptional imaging and performance capabilities in our rigorous evaluations. We’ve been particularly impressed with photo performance being the best for devices under 600$, and the 1st eligible device to our Smart Choice Label.”

Onsite photo of Frédéric Guichard, CEO of DXOMARK

Beyond its advanced rapid-capture functionality, the integration of TECNO AI further enhances the device’s capabilities. Intelligent imaging, a 360° AI Call Assistant, and productivity tools elevate creativity and efficiency. Powered by MediaTek’s latest chipsets, the series ensures smooth performance, fast processing, and extended battery life. With a sleek, durable, and water-resistant design, it seamlessly blends style with practicality for modern users.

MEGABOOK S14, the World’s Lightest 14-inch OLED Laptop, Inspires Creators and Game Lovers

The MEGABOOK S14 is TECNO’s first OLED laptop and the industry’s lightest 14-inch OLED laptop, featuring a 2.8K OLED display and incredibly weighing only 899g (31.7oz). The laptop is equipped with the outstanding power of the Snapdragon® X Elite compute platform, the flagship chipset for AI PCs from Qualcomm Technologies, and integrates TECNO’s world’s first self-developed edge-side large-scale AI model, to achieve AI-enhanced multitasking.

World’s Lightest 14-inch Laptop MEGABOOK S14

Specifically designed for next-gen AI productivity, TECNO AI enhances the Ella AI Assistant, AI-powered PPT generation, AI-driven image search, smart albums, and offline meeting transcription with multilingual support. The External Graphics Dock, equipped with a powerful NVIDIA graphic card, delivers scalable, high-performance capabilities for design, gaming, and content creation. The laptop’s 2.8K OLED display with a 120Hz refresh rate ensures exceptional visuals, while DTS:X Ultra dual 2W speakers, Wi-Fi 6E, fingerprint login, and PC Manager optimize connectivity and user experience.

TECNO’s strategic partnership with Qualcomm Technologies was a highlight of the TECNO AI Ecosystem Product Launch event, demonstrating a shared vision for the future of AI PCs. Kedar Kondap, SVP & GM of Compute and Gaming at Qualcomm, took the stage to discuss the integration of Qualcomm’s cutting-edge PC chipset into the new MEGABOOK S14 laptop, underscoring TECNO’s commitment to delivering high-performance computing solutions.

Kedar Kondap, SVP & GM of Compute and Gaming at Qualcomm

In addition, TECNO also introduced several standout new products. The featherlight 999g (35.2oz) ultrabook MEGABOOK T14 Air, features high-speed storage and LPDDR5 memory, while the ultra-thin, all-metal MEGABOOK K15S, equipped with a powerful 70Wh battery and supported by a 65W PD GaN charger, offers a smarter and more long-lasting user experience. Both devices are empowered by TECNO AI with advanced AI capabilities such as AI Album and AI Voice Assistant, making them perfect companions for all aspects of life.

The Next Game-Changing Tech Innovation: See the World with the TECNO AI Glasses Series

TECNO’s new AI Glasses Series also took center stage with the introduction of TECNO AI Glasses Pro and TECNO AI Glasses, reimagining eyewear with cutting-edge imaging, intelligent interactions, and a sleek aesthetic. The TECNO AI Glasses feature an aviator design, while the Pro model showcases a browline style, both embodying timeless elegance and modern fashion.

TECNO AI Glasses Redefine the Way People See the Future

Equipped with a 50MP high-definition camera, the series integrates an OV50D sensor, a 100° ultra-wide-angle custom lens, and an AI ISP imaging chip, forming a mobile-grade imaging system. This system lets users capture stunning, high-resolution photos with advanced AI noise reduction and HDR capabilities. With real-time translation supporting over 100 languages, TECNO AI’s Ella empowers accurate translation even for less common languages, as well as voice control, AI-powered object recognition, and intelligent information summaries for ultimate convenience.

Additionally, the AI Glasses Pro features a MicroLED display with 7th-gen resin waveguide technology, offering a 30° field of view, over 1,500 nits of brightness AR display, and a lightweight, ultra-thin design. The AR display allows users to effortlessly enjoy features like translation display, navigation, information prompts, and teleprompting.

Equipped with a 250mAh battery, these glasses offer over 11 hours of music playback and 8 hours of mixed use with just 30 minutes of charging. An advanced ultra-linear speaker, bass enhancement, and spatial sound deliver an immersive audio experience, while Wi-Fi 6 and Bluetooth 5.4 ensure seamless connectivity.

With these innovative launches, TECNO is setting new standards in mobile imaging and AI-enhanced technology, shaping a more connected and empowered future for consumers in emerging markets. Once again, TECNO has showcased its cutting-edge innovation on the global stage at MWC. With the brand essence of “Stop at Nothing”, TECNO’s relentless pursuit of innovation is making AI-powered technology more accessible, allowing consumers to experience the future ahead of time.

Solomon Obwot is a tech writer based in Kampala, Uganda, with extensive experience in the local tech startup ecosystem. He covers the latest news and analysis on consumer tech, writes in-depth smartphone reviews, and conducts insightful interviews with industry experts. Solomon is also a passionate podcaster, sharing his knowledge and engaging in discussions about Africa’s rapidly growing tech landscape. Send emails to [email protected]

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How technology is killing Uganda’s Oil dreams - 1

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