Uganda courts Iran for its oil sector development

Uganda courts Iran for its oil sector development

Uganda courts Iran for its oil sector development

Uganda will engage Iran for support to develop its energy sector, especially its oil and nuclear, through technology transfer or financing of projects.

Faced with a lack of funding for the construction of a $4.5 billion refinery in the oil-rich Albertine region, President Yoweri Museveni extended an invitation to his Iranian counterpart Ebrahim Raisi to consider investment in the project.

For more information, please see https://www.theeastafrican.co.ke/tea/business/uganda-courts-iran-for-its-oil-sector-development-4302568

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