The entire value chain of Uganda's oil production is to be funded by Iran - from oil fields to finished product - at an oil refinery at Entebbe.
The agreement was reached during President Yoweri Museveni's visit to Teheran. The two countries will also expand co-operation in a range of economic activities.
Regarding the field of energy in particular, the two leaders agreed to consider co-operation in building an oil refinery in Uganda. For its part, Iran agreed to train Ugandans at its University of Petroleum...