Will the oil in Uganda be a curse?
I don't think so. I very much hope not so. The latest reports say the oil discoveries in Uganda are unquestionably the largest onshore discovery made in sub-Saharan Africa in at least 20 years, possibly ever . And that one might safely consider production in the order of 150,000 barrels a day over a period of 15, 20 or even up to 25 years. In terms of comparison.......Uganda (would) in the top 50 of oil producers in the world . And this is a report by Al Jazeera on the Ugandan oil: As exploration and work still continues in the oil fields, so much hope and expectations are being put by Ugandans on the oil discovery. As I said before , the focus now is on how Uganda can both benefit from oil and at the same time take care of its magical, natural wonders. The problem: most of the oil so far discovered in Uganda are in the very environmentally sensitive, Lake Albert region . The priority is that: Uganda, with oil, manages to take care and protect its real wealth : its land, its wat...