For years, Uganda's economy has relied on coffee and gold. Today, the country is betting everything on a new high-risk future: oil.
With exports expected to begin as early as October, the prospect of nearly $2 billion per year looms on the horizon. But can the country avoid the dreaded "resource curse" that has hit other nations?
Winfred Ngabiirwe, an activist for transparency and compliance in the oil and gas sector, joins the show to share crucial information on how Uganda can ensure that oil wealth is truly used to build a sustainable future for its people.
Zambia approves Chinese yuan for tax payment
In a historic gesture, the Zambia became the first country in Africa to authorize the use of chinese yuan for payment of mining taxes.
We analyze what this means for the evolution of global trade alliances and the slow but steady move away from the dollar.
Suez Canal in trouble as cargo avoids Red Sea
The Houthi attacks stopped, but the red Sea did not recover. The maritime traffic across Egypt's vital Suez Canal remains reduced by around 60%. We explore why carriers stay on the sidelines and what this prolonged detour means for global trade— and the Egyptian economy.
