VIDEO: Delays and shattered hopes- Uganda still waiting for oil riches

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Africanjam is website that was launched  in December 2013 (with another domain) and on April 2014 the new domain Africanjam(dot)com came into service. It was found by John Kapela who is currently in Dar es Salaam Tanzania. This site provides news from Africa and all over the world in Politics, Sports and Entertainment. We also provide Technology tips, some Amazing Facts as well as Football updates from all over the world. Visit this site everyday for being in touch with everything happening...

Tanzania and Uganda have teamed up to increase revenue and create employment in both countries' oil sectors.

Uganda’s Ministry of Energy and the country’s National Bureau of Standards (UNBS) have put up a committee that will develop standards and regulations meant to govern the oil and gas production phase expected to start in 2018.

With the signing of the memorandum of understanding between the government and three oil companies, Uganda could benefit from investments worth $20 billion.