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.
2024 remains to be an eventful year in the Kenyan and East African petroleum sector. As governments and regulators grapple with inflation, dollar liquidity and energy security concerns, manufactures and businesses need a reliable energy partner to offer clarity during uncertain times.
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Politically there is no change in Uganda with the Opposition still being heavily restricted. The economy is growing at a faster rate than most economies on the Continent and inflation is under control. The country’s oil pipeline project continues to face significant resistance and consequently a lack of potential financiers and insurers.
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The Government continues to make it difficult for the main Opposition parties to function, with constant house arrests and harassment, which does not bode well for future elections. Uganda has assumed leadership of the Non-Aligned Movement and the G77+China. The economy is showing signs of recovery.
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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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