News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Kampala: Uganda’s black liquids hold global appeal

Coffee machine or oil refinery, for Uganda, adding value is the key

Try “Uganda” in a game of word association and you will likely trigger the response “Idi Amin”. Even though he was ousted 33 years ago, to much of the western world his legacy of persecution and repression, as well as gross economic mismanagement, has left a lasting impression.

But Uganda today is a country with big aspirations. Described as the Pearl of Africa by Winston Churchill in 1908, he averred that nowhere else on the continent will so little money go so far.

WSJ Logo