Will Ugandans seize the opportunities in the extractives sector?
The blessing of extractive resources (oil, gas and minerals) for Uganda since their discovery and confirmation of commercial viability is highly touted. Uganda is currently described by the World Bank as one of the hottest inland exploration frontiers in the world and the country to watch in the oil and gas space, due to the commercial discovery of an estimated 6.5 billion barrels of oil equivalent, with about 1.4 billion barrels of recoverable resources. With oil production expected to begin in 2020, there has been a multitude of activities, in the oil and gas sector with more work yet to be done as well.
