Tag Archives: ugandan oil

The Ugandan government in late August awarded oil production licenses to Total SA(NYSE:TOT), which should allow the company to begin activities required for future production. Total has made East Africa a primary focus for production growth, largely because of the immense Ugandan reserves. Here’s why Total seems so intent on beginning production activities and how this factors into its overall growth ...

KAMPALA- The world bank said Uganda could dramatically overhaul its economy with the right management policies in place by the time oil starts flowing in 2018.[9] Check also: Minerals: Africa’s Top 10 Mineral-Rich Countries The World Bank country manager for Uganda,[4] said in a statement that If this resource is well managed, it could take the country a lot less ...