Japan’s Toyota Tsusho has won a contract to design an oil export pipeline from Uganda to Kenya’s coast, a Kenyan official says. According to Joseph Njoroge, the Kenya Energy Ministry’s principal secretary, Toyota Tsusho, the company awarded the contract for the feasibility study and preliminary engineering design must submit their report within the next five
Oil attracts increased Investments to Uganda
The recent oil discovery in Uganda has led to an increase in Foreign Direct Investment (FDI) inflows to the country. According to the data that the United Nations Conference on Trade and Development released recently, Uganda FDI increased by 92.51% to $ 1.721 billion in 2012 down from $ 894 Million in 2011. The data