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HAGGAI MATSIKO

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Chinese quit Museveni’s refinery deal

US$4bn project fails to get investor again KAMPALA, UGANDA |HAGGAI MATSIKO| President Yoweri Museveni’s oil refinery project has once again suffered a major blow with a major Chinese contractor quitting. As has happened in many major infrastructure deals, frustration over in-fighting, intrigue and lobbying had already taken root with cabinet officials, …

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America, China in US$ 4bn Uganda refinery deal race

Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni and technocrats at the Energy Ministry are set to pick an investor for Uganda’s $4 billion refinery but details of what is emerging from negotiations and due diligence meetings is troubling. Insiders say the in-fighting, intrigue and lobbying that has undermined previous infrastructure …

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