Uganda: Oil licence issuance to revive jobs, investment

For the last three years, Uganda’s foreign direct investment (FDI) has been declining in part due to the limited activity in the oil sector. In 2015, FDI inflows declined by $200 million (Shs687b) to $1b (Shs3.5trillion), according to statistics from Bank of Uganda. The slowdown in investment from oil companies was partly blamed on the delay…

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ACTUALITÉ AFRICAINE À TOUTE HEURE

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