Middle East war

CommoditiesEconomyTrade

Uganda shilling weakens sharply as oil prices and global risk sentiment shift

Rising oil prices and shifting investor sentiment drive Uganda shilling to weakest level since mid-2024
A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.
EconomyOpinionPolitics & Policy

The Middle East war is hurting Africa. Here is how the continent fights back

As the Middle East war pushes African currencies lower and borrowing costs higher, a Pretoria scholar sets out how the continent must respond
Scattered South African rands notes against a white background.
CommoditiesEconomyEnergy, Oil & GasTrade

Uganda’s oil moment approaches — but the risks are multiplying

Uganda's first oil is due in H2 2026, but timing risks, fiscal pressures, and a Middle East conflict cloud the outlook
The offices of the Ministry of Finance and Economic Development in Kampala
CommoditiesEconomyEnergy, Oil & GasOpinion

Stanbic analysts see opportunity for disciplined investors amid global unrest

Stanbic analysts say Middle East war poses real risks for Uganda's exports, currency, and inflation — but also creates openings for long-term investors
The oil and chemical tanker Petrel Pacific moored at a terminal during twilight, discharging ballast water.
CommoditiesEconomyEnergy, Oil & Gas

Uganda faces higher fuel costs as US-Iran war roils oil markets

Uganda faces dearer fuel imports and currency pressure as the US-Iran war pushes oil prices higher, but first oil in H2 2026 offers a longer-term upside
Rise in gasoline prices concept with double exposure of digital screen with financial chart graphs and oil pumps on a field. Stock photo.