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Oil Production Updates

Uganda lowers annual growth forecast to 6.5%-7%, to start crude output in west

Uganda lowers annual growth forecast to 6.5%-7%, to start crude output in west

By: Reuters     30th January 2026 Uganda's economy is projected to expand between 6.5% and 7% in the financial year starting July, sharply down from a previous estimate of 10.4%,... 

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Uganda says to cut budget support by 84% in next financial year

By: Reuters     29th January 2026 Uganda plans to cut external budget support by 84.2% year-on-year in the next financial year starting July, the finance ministry said late on... 

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Uganda says it will receive over $2 billion in fresh World Bank funding

By: Reuters     21st October 2025 The World Bank will give Uganda over $2-billion in new financing in the next three financial years to fund economic development, a top ministry of... 

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