#Crude Oil in Uganda

Uganda’s oil boom could transform the economy, but without financial support and liquidity, many local businesses risk missing out on the opportunities it promises.

President Museveni has endorsed plans for an East African regional refinery after meeting Nigerian businessman Aliko Dangote at Nakasero.

Uganda’s first oil should serve as a foundation for long-term economic growth by driving industrialisation, strengthening local businesses, and funding the country’s transition to a more sustainable energy future.

The East African Crude Oil Pipeline (EACOP) project has achieved a milestone with the first delivery of coated line pipes to Main Camp and Pipe Yard...