Eastern Africa Association
Eastern Africa Association
The Eastern Africa Association is a source of insightful and helpful publications, guides, and advice for all visitors to our website. Contributors include EAA analysts, our Members, and a wide range of experts and official commentators. As a key service for Members only, we produce a regular Newsletter which contains our analysis of developments in the region.
You can search for material using the filters below, or access the latest publications in the library further down the page.
No change in the political landscape. The country’s draconian LGBTQ law is beginning to impact the economy as are terrorist attacks.
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The arrest of the country’s Opposition Leader and impact of the new LGBTQ law are a concern for Uganda. However, the economy seems to be on the right track and Foreign Direct Investment, particularly for the upstream oil industry, is increasing.
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No change on the political front but Uganda’s economy is showing signs of slowing down. The oil pipeline project is expected to be licenced by January 2024 despite criticism of its likely environmental impact.
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There is no change on the political front. Economically there is considerable optimism both internally and from International Agencies aided significantly by investments coming in for Uganda’s oil industry.
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Politically there is no apparent change in the country. The Bank of Uganda projects that “overall, the economic outlook for Uganda in the remaining part of 2023 and years ahead is positive but external vulnerabilities remain elevated. This will continue to dictate the policy mix to ensure macroeconomic stability”. The new anti-LGBTQ law could result in sanctions and restrictions from many parts of the world which could dampen economic prospects.
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With President Museveni’s son having indicated his intention to vie for the Presidency in 2026, confusion reigns, particularly, as the President has not said whether he will be stepping down. The economy is showing signs of growth and Uganda expects significant Foreign Direct Investment in the medium to long term.
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Political succession remains a question that is yet to be answered although there are indications that President Museveni will vie for another term at the next elections. The oil sector is seeing increased activity which is expected to give the economy a boost.
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The political scene remains unchanged. Economically the country is growing but at lower rates than originally projected. Inflation is expected to be down to 5% by the end of 2023. The oil sector is moving forward rapidly with considerable activity and investment in the oil rich areas. The Ebola outbreak has ended which may result in increased visitors giving a boost to the tourism sector.
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On the political front there is no change with President Museveni continuing to rule Uganda with an iron fist and showing no signs of stepping down. The economy is facing significant headwinds and could well head into recession if the Government does not implement the right policies. However, the Ebola outbreak appears to be subsiding. The country is forging ahead in the oil industry despite detractors both locally and internationally.
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