The new petro-states in Africa. The case of Ghana (2010-2012)
About the project
About the project
During the past decade, Uganda has become one of the world’s fastest-growing economies, but the country’s development needs have not yet been met, and the government’s revenue sources are less than sufficient to satisfy them. Therefore, when oil was discovered in 2006, hopes were raised regarding Uganda’s future, since the oil money could provide substantial funds enabling a transformation of the country. According to the latest figures, Uganda has 6.5 billion barrels of oil, which makes the country the third-largest oil holder in the ssa region (after Nigeria and Angola). Unfortunately, even though almost a decade has passed since the first oil was struck, production figures have remained at zero. Given the huge needs of Ugandan society and political rhetoric of Uganda as a developmental state, it is perplexing that it is taking so long to start extracting oil in the country. The major objective of this paper is to identify and analyse major causes of oil production delays (underdevelopment of infrastructure, environmental aspects, disputes with international oil companies, legal framework adjustments, and above all vast patronage network) as well as to contribute to a better understanding of recent dynamics in the Ugandan oil sector
About the project
The problem of inequality has recently garnered a great deal of attention. In fact, after Piketty, it seems that the topic is enjoying a heyday of sorts and is entering the academic mainstream with force. According to the Economist, “It is a golden age for studying inequality”. Against this backdrop South Africa seems like a…
The main purpose of the research is to answer the question whether Uganda as a second generation petro-state can avoid oil resource curse phenomenon. Research hypothesis states that African countries where oil has been discovered in recent years operate in different international arena and with dissimilar domestic factors compared to countries that after decolonisation were…
Abstract The Angola–China connection has famously been branded a ‘marriage of convenience’—an ‘uneasy alliance’ forged for pragmatic reasons at an opportune time of mutual need. In this article, we document how the relationship has more recently undergone a marital burnout of sorts. Chinese loans to Angola have dried up and most Chinese state-owned enterprises have…
According to the latest figures, Uganda has 6.5 billion barrels of oil deposits, which makes it the third-largest oil holder in sub-Saharan Africa. Currently the country is preparing its legal and institutional framework for proper management of the oil revenues. However, developing an effective oil sector in any of the SSA states has so far proved to be a futile task. To ensure that Uganda is not going to repeat the mistakes of Nigeria, the country’s leaders have requested Norway’s assistance in preparing Uganda’s oil sector for the upcoming production phase. The major objective of this article is to determine whether the Norwegian model of oil extraction and revenues management is transplantable to the Ugandan political, economic, and social conditions