Uganda Prepares Oil Production Launch

Uganda is preparing to begin commercial oil production in 2026, with operations led by TotalEnergies and China National Offshore Oil Corporation in the Albertine region. The Uganda National Oil Company projects over 160,000 jobs and $2 billion in annual revenue once production begins. Officials say the sector has already attracted $7.5 billion in investment and spurred infrastructure growth, though experts warn of environmental risks and the need for transparent, sustainable resource management.