{UAH} Another African paradox: Your oil is safer with a Big Man than a democrat -surprising lessons from Ghana and Uganda | Mail & Guardian Africa (Mobile edition)

Now, a new working paper from the the multinational research network Effective State and Inclusive Development Research Centre suggests that the classic understanding of good governance may not actually ring-fence a country's oil fortunes against mismanagement, taking the example of two African countries – Uganda and Ghana, which both discovered oil around the same time (2006-2007) and at recoverable levels that were similar both in absolute terms and as a proportion of GDP.

But the study highlights that since then, "semi-authoritarian" Uganda seems to be governing oil somewhat more in line with its national interest as compared to "democratic" Ghana. Ghana has moved to commercial exploitation of oil, but Uganda has not yet, but has put in place a regulatory regime.

http://m.mgafrica.com/article/2015-11-01-another-african-paradox-democracy-may-be-bad-for-oil-governance-lessons-from-ghana-and-uganda

Sincerely,

Brian M. Kwesiga