The high demand for multi services needed in the oil exploration areas has prompted a Democratic Republic of Congo company, Sun Africa, to stake up to $50 million (shs129b) in infrastructural development in the Albertine Graben.
Paul Politi the President Sun Africa on Tuesday said that they are in the country to partner with leading multi-national oil firms in Uganda to boost development and foster trade between DRC and Uganda.
Following the regional integration and entrance into the C0MESA market, new market has emerged in Southern Sudan and eastern DRC where billions of shillings has been registered in trade exports to the regions.
“With oil discovered in Uganda, trade relations will be boosted further with infrastructural developments along the Albertine region. We are investing $50m in these developments,” said Politi.
Read more at AllAfrica.
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