After years of delay, multinational oil development in Uganda looks set to go ahead, but will local suppliers be able to reap a fair share of the business? | LIAM TAYLOR | In the 1990s Edward Kabuchu and his brother were mining tungsten in western Uganda when they were approached …
Read More »Import substitution makes a comeback in Africa
As African industrialisation progresses and Covid-19 impacts on long supply chains, the notion that African economies should produce more locally is gaining traction. Liam Taylor reports. Every time a foreign dignitary visits Cipla Quality Chemical Industries Limited (CiplaQCIL), they plant a tree. Visiting presidents show up so frequently that the grassy verge …
Read More »Coronavirus shuts down Africa’s tourist industry
Africa’s hotels, tour operators and airlines are all reeling from the impact of coronavirus. The African Business Magazine’s Liam Taylor surveys the situation The Serena Hotel in Kampala, the Ugandan capital, is a luxurious complex of conference facilities, fine dining spaces and landscaped gardens. In normal times Geoffrey Ssejongo, a waiter, would be …
Read More »Uganda’s long road to first oil
FDI expected to be reached by April 2020 ANALYSIS | LIAM TAYLOR – Africa Business Magazine | Oil deposits have sat beneath the shores of Lake Albert, in western Uganda, for millions of years. Since its discovery in 2006, plans to extract the oil, estimated at over 1bn recoverable barrels, …
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