Oil Wealth and Development in Uganda and Beyond


Book Description

Multidisciplinary perspectives to governance of oil in African countries Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other African countries with large oil and/or gas endowments. With oil expected to start flowing in 2021, the current book analyses how this East African country is preparing for the challenge of effectively, efficiently, and transparently managing its oil sector and resources. Adopting a multidisciplinary, comprehensive, and comparative approach, the book identifies a broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for national economic transformation. Predominantly grounded in local scholarship and including chapters drawing on the experiences of Nigeria, Ghana, and Kenya, the book blazes a trail on governance of African oil in an era of emerging producers. Oil Wealth and Development in Uganda and Beyond will be of great interest to social scientists and economic and social policy makers in oil-producing countries. It is suitable for course adoption across such disciplines as International/Global Affairs, Political Economy, Geography, Environmental Studies, Economics, Energy Studies, Development, Politics, Peace, Security and African Studies. Contributors: Badru Bukenya (Makerere University), Moses Isabirye (Busitema University), Wilson Bahati Kazi (Uganda Revenue Authority), Corti Paul Lakuma (Economic Policy Research Centre), Joseph Mawejje (Economic Policy Research Centre), Pamela Mbabazi (Uganda National Planning Authority), Martin Muhangi (independent researcher), Roberts Muriisa (Mbarara University of Science and Technology), Chris Byaruhanga Musiime (independent researcher), Germano Mwabu (University of Nairobi), Jackson A. Mwakali (Makerere University), Tom Owang (Mbarara University of Science and Technology), Joseph Oloka-Onyango (Makerere University), Peter Quartey (University of Ghana), Peter Wandera (Transparency International Uganda), Kathleen Brophy (Transparency International Uganda), Jaqueline Nakaiza (independent researcher), Babra Beyeza (independent researcher), Jackson Byaruhanga (Bank of Uganda), Emmanuel Abbey (University of Ghana).




An Uncertain Future - Anticipating Oil in Uganda


Book Description

The discovery of oil in Uganda in 2006 ushered in an oil-age era with new prospects of unforeseen riches. However, after an initial exploration boom developments stalled. Unlike other countries with major oil discoveries, Uganda has been slow in developing its oil. In fact, over ten years after the first discoveries, there is still no oil. During the time of the research for this book between 2012 and 2015, Uganda’s oil had not yet fully materialised but was becoming. The overarching characteristic of this research project was waiting for the big changes to come: a waiting characterised by indeterminacy. There is a timeline but every year it gets expanded and in 2018 having oil still seems to belong to an uncertain future. This book looks at the waiting period as a time of not-yet-ness and describes the practices of future- and resource-making in Uganda. How did Ugandans handle the new resource wealth and how did they imagine their future with oil to be? This ethnography is concerned with Uganda’s oil and the way Ugandans anticipated different futures with it: promising futures of wealth and development and disturbing futures of destruction and suffering. The book works out how uncertainty was an underlying feature of these anticipations and how risks and risk discourses shaped the imaginations of possible futures. Much of the talk around the oil involved the dichotomy of blessing or curse and it was not clear, which one the oil would be. Rather than adding another assessment of what the future with oil will be like, this book describes the predictions and prophesies as an essential part of how resources are being made. This ethnography shows how various actors in Uganda, from the state, the oil industry, the civil society, and the extractive communities, have tried to negotiate their position in the oil arena. Annika Witte argues in this book that by establishing their risks and using them as power resources actors can influence the becoming of oil as a resource and their own place in a petro-future. The book offers one of the first ethnographic accounts of Uganda’s oil and the negotiations that took place in an oil state to be.




Oil and Governance


Book Description

National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.




Ugandan Agency within China-Africa Relations


Book Description

In this book, Barney Walsh presents an in-depth study of China's involvement in East Africa through specific focus on President Museveni of Uganda who has been uniquely influential in utilising China's presence to shape regional security dynamics in his favour. Focussing primarily on the period 2010–2015, Walsh places the spotlight on the 'Coalition of the Willing' formed between Uganda, Kenya and Rwanda, who undertook high-profile, exciting but controversial regional integration projects without Tanzania and Burundi. Key to those efforts were Chinese-funded mega-infrastructure projects, such as the Standard Gauge Railway and Uganda's oil pipeline. Walsh's analysis of the East African Community (EAC) reveals China's role in ongoing security issues related to terrorism, resulting from the country's role in small arms and light weapons (SALW) proliferation and the global ivory trade. Additionally, China is heavily implicated in the region's 'oil sector', as it is a market for oil, involved in developing the sector, and a key partner in mega-infrastructure construction. Throughout this, though the EAC as an institution has been trying to stabilise regional security dynamics and strengthen its institutional role, it has been unduly influenced by the personalities and presence of key African leaders. Here, Museveni's role in such processes has been crucial, as he has made great efforts to utilise Chinese engagement in order to shape regional processes.




Uganda


Book Description

For the last three decades, Uganda has been one of the fastest growing economies in Africa. Globally praised as an African success story and heavily backed by international financial institutions, development agencies and bilateral donors, the country has become an exemplar of economic and political reform for those who espouse a neoliberal model of development. The neoliberal policies and the resulting restructuring of the country have been accompanied by narratives of progress, prosperity, and modernisation and justified in the name of development. But this self-celebratory narrative, which is critiqued by many in Uganda, masks the disruptive social impact of these reforms and silences the complex and persistent crises resulting from neoliberal transformation. Bringing together a range of leading scholars on the country, this collection represents a timely contribution to the debate around the New Uganda, one which confronts the often sanitised and largely depoliticised accounts of the Museveni government and its proponents. Harnessing a wealth of empirical materials, the contributors offer a critical, multi-disciplinary analysis of the unprecedented political, socio-economic, cultural and ecological transformations brought about by neoliberal capitalist restructuring since the 1980s. The result is the most comprehensive collective study to date of a neoliberal market society in contemporary Africa, offering crucial insights for other countries in the Global South.




The Energy Year Uganda 2021


Book Description

“Oil is finite and exhaustible, so we should use the oil money to create durable capacity.” H.E. Yoweri Kaguta Museveni, President of the Republic of Uganda The Energy Year Uganda 2021 is a special first edition covering the unlocking of Uganda’s energy industry, and has been produced in partnership with Uganda’s State House, the Ministry of Energy and Mineral Development, the Petroleum Authority of Uganda, Uganda National Oil Company (UNOC) and the Uganda Investment Authority. The Energy Year Uganda 2021 analyses the latest developments and future prospects of the country’s up-and-coming oil and gas industry, as well as its linkages with the power sector and wider economy. The book also portrays the projects championed by the key players of the Ugandan energy value chain. “Uganda is continuing to prepare itself to benefit from the oil and gas industry. The benefits will not only be in the form of revenues from the sale of oil but also in harnessing the economic and social impact which these significant investment projects are bringing to the development and transformation of the country.” Ernest Rubondo, Executive Director, Petroleum Authority of Uganda The Energy Year Uganda 2021 also features maps showing Uganda’s oil and gas licences and their status and featuring the groundbreaking East African Crude Oil Pipeline (EACOP) infrastructure. This first edition of our The Energy Year Uganda series provides the most up-to-date and in-depth analysis as a comprehensive guide on the evolving Ugandan energy market. It underlines the key projects that will shape the Ugandan oil and gas value chain of the future and identifies the country’s potential and untapped opportunities.




Uganda


Book Description

This 2017 Article IV Consultation highlights that Uganda’s recent economic performance has been sound, notwithstanding a slowdown in growth. Real GDP growth is estimated to have slowed to 3.9 percent in FY2016/17, reflecting domestic factors and external headwinds, including the drought in the Horn of Africa. The banking sector remains well-capitalized overall. However, elevated nonperforming loans have constrained bank lending which contributed to the growth slowdown. Food price inflation increased owing to the drought, but core inflation was 5.1 percent in May 2017, in line with the Bank of Uganda’s target. The outlook is broadly favorable. With steadfast policy implementation and assuming improved weather conditions, growth could accelerate to 5 percent in FY2017/18.




The Energy Year - Uganda 2022


Book Description

"Now is the time. Uganda is the right destination for investment” H.E. Yoweri Kaguta Museveni, President of the Republic of Uganda The Energy Year Uganda 2022 is a special edition celebrating Uganda’s 60th anniversary of independence and covering the unlocking of the country’s hydrocarbons and power sectors. This edition has been produced in partnership with Uganda’s State House, the Ministry of Energy and Mineral Development, and the Petroleum Authority of Uganda. Following Uganda’s FID announcement in February 2022, The Energy Year Uganda 2022 analyses the latest developments and future prospects of the country’s nascent oil and gas sector, as well as its linkages with the power sector and wider economy, and portrays the projects championed by the key players of the Ugandan energy value chain. “Uganda is well on the road for its oil and gas resources to generate value for the country. The key drivers for the country’s value from these resources are through the participation of its people and its enterprises in the provision of goods and services, enhancing the linkages between oil and gas and other sectors of the economy, and the revenues to be generated when production of oil starts.” Ernest Rubondo, Executive Director, Petroleum Authority of Uganda The Energy Year Uganda 2022 also includes a map featuring Uganda’s planned oil and gas infrastructure and licences, as well as the East African Crude Oil Pipeline (EACOP) infrastructure. This second edition of The Energy Year’s Uganda series is the most updated in-depth analysis and comprehensive guide on the evolving Ugandan energy market – it underlines the key projects that will shape the Ugandan oil and gas value chain of the future, and identifies the country’s potential and untapped opportunities.




Geological Resources and Good Governance in Sub-Saharan Africa


Book Description

This book looks at the distribution, occurrences, potential and prospects for good governance, transparency and sustainable development of geological resources in Sub-Saharan Africa. By bringing together numerous different point of views, it is carried out in a holistic, interdisciplinary and scientific way.The states of Sub-Saharan Africa are amon




Uganda: 2021 Article IV Consultation and First Review Under the Extended Credit Facility Arrangement and Requests for Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Uganda


Book Description

The authorities have reacted to the COVID-19 crisis in an appropriate manner, including through increased spending on health and a rollout of the vaccination program. Nevertheless, the deterioration of socio-economic indicators during the pandemic could create scars that would significantly lower growth if left unaddressed.