Uganda: Is Oil Discovery in Uganda an Opportunity or a Looming Curse?
November 4, 2025
[Nile Post] As Uganda stands on the brink of an oil era, the world watches. Will it emulate the model of Norway, which used oil wealth to build a trillion-dollar sovereign-wealth fund? Or will it fall victim to the "resource curse," where abundant natural resources breed corruption, inequality and economic fragility?
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