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Foreign Investment Has A Vital Role to Play in Africa’s Economic Growth: We Must Do What We Can to Encourage It

NJ Ayuk, Executive Chairman, African Energy Chamber

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By NJ Ayuk Despite the COVID-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments.Look at Uganda’s oil and gas industry. Following multiple petroleum discoveries in Uganda’s Albertine Graben, foreign investments there have reached nearly $20 billion. The resulting projects include a refinery being built by the Uganda National Oil

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