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The world’s newest oil-producing country is emerging from Africa with a 230,000 bpd target

Summary by Business Insider
The global market is set for the emergence of a new African oil exporter. Uganda, typically known for its coffee, gold, and cocoa beans among other key exports, is about to join the elusive club of oil producing countries.

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The world’s newest oil-producing country is emerging from Africa with a 230,000 bpd target

The global market is set for the emergence of a new African oil exporter. Uganda, typically known for its coffee, gold, and cocoa beans among other key exports, is about to join the elusive club of oil producing countries.

·New York, United States
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Business Insider broke the news in New York, United States on Wednesday, September 9, 2026.
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