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Tanzania-Uganda oil deal: What’s in it for Uganda?

Fifteen years after discovering commercially-viable crude oil deposits, Uganda begins its final journey to production with the signing on of a landmark deal with Tanzania and French oil company Total. The deal, which is expected to unlock upwards of $15 billion in investments, was signed in Kampala yesterday. Elison Karuhanga, Partner with KAA Advocates joins CNBC Africa for more.

Mon, 12 Apr 2021 14:44:21 GMT
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