Prisoners in Osio in the northern Democratic Republic of Congo have, for an undisclosed period, been working in an illegal mine underneath a prison to extract diamonds. The illegal mine was only discovered recently after authorities raided the site. Prison officers and local people had before the raid set up temporary accommodation nearby to work
IMF sees oil making up as much as 4 percent of battered Uganda economy
Uganda’s new-found oil reserves may account for as much as 4 percent of its economy annually in coming years if managed well, the International Monetary Fund’s country chief says. According to Reuters, IMF Mission Chief for Uganda Axel Schimmelpfennig writes in a blog post that the country also needs some strategic infrastructure investment and better
The 2012 Oil Contracts: a good financial deal for Ugandans but without human rights and environmental safeguards
The Government of Uganda achieved a better deal, at least in the financial sense, for its oil in the Production Sharing Agreements that the government signed in 2012. The terms of the 2012 agreement are far more financially beneficial to Uganda compared to the agreements made before 2008, a report by Global Witness, an Oil
Oil hunt in Ugandan national park tests Africa’s eco defences
Reuters Uganda’s Murchison Falls National Park is bisected by the majestic Nile river and boasts some of Africa’s wildlife treasures – elephants, lions and a rare giraffe sub-species. Beneath it lies another natural prize: oil. Now French energy giant Total has begun surveys to prepare for seismic tests in the national park, one of