The Big Story

Uganda’s longer term economic outlook brightens driven by oil and gas industry developments

by CEO Reporter
Oil infrastructure in the Albertine. NEMA says the Tilenga and the EACOP projects were done in accordance with the laws of Uganda. File photo
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Recent progress in the Uganda’s long-delayed oil development has brightened Uganda’s longer-term economic prospects following the agreements signed by Uganda and Tanzania on the construction of the US$4bn cross-border oil pipeline between the Lake Albert region in Uganda and the port of Tanga in Tanzania, a research report released by Absa Group on the performance of economies in Sub-Saharan A

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