Africa News blog
African business, politics and lifestyle
That old Africa oil chestnut is being discussed again: is it a blessing or a curse?
When it comes to Uganda, nobody really knows which way to bet yet and its people often shrug their shoulders when asked what impact it will have.
One reason for that, and a cause of concern for some, is the secrecy surrounding the deals the government has struck with the foreign firms in the country and a lack of transparency around much of the planning ahead of production next year.
The Pearl of Africa discovered oil reserves, now estimated by some to be 2.5 million barrel’s worth, in its Albertine rift basin near Democratic Republic of Congo in 2006.
Ugandans love to talk. And, unlike in some other African countries, few people are afraid to be heard talking politics. Cafes and bars in Kampala and elsewhere hum to the sound of politicians being loudly verbally skewered.
The politicos themselves are not much different. Rhetoric is being ratcheted up ahead of elections on February 18. And the opposition are not holding back.
“Look at him!” the emcee at celebrations to mark 25 years in power for Ugandan President Yoweri Museveni shouts into a mic. “Look at him! He is very fit!”
The former rebel decked out in his usual – and fairly unique – floppy hat and suit combo ambles down a grass slope and waves cheerily to his supporters.