Uganda is negotiating with an investment company led by a member of Dubai’s royal family to develop a planned $4 billion refinery for some of its crude oil, its energy minister said recently.

The country is counting on the 60,000 barrel-per-day refinery for its nascent hydrocarbons industry.

For more information, please see https://www.theeastafrican.co.ke/tea/business/uganda-in-talks-with-uae-firm-usd4-billion-oil-refinery-4500798