Business
Uganda’s oil gets a name: “Pearl Sweet” as first oil draws near
Uganda’s long-awaited oil era is nearing reality, but questions remain over ownership, revenues, local benefits and who ultimately controls the wealth.
Uganda’s long-awaited oil era is nearing reality, but questions remain over ownership, revenues, local benefits and who ultimately controls the wealth.
China remains influential, but Gulf investors, Western capital and African institutions are reshaping who finances and controls critical infrastructure.