Ugandan cabinet gives go-ahead to apply for EITI membership to boost investments

Country sees joining the EITI as an opportunity to create lasting value from its petroleum resources

The Ugandan cabinet has agreed to give the government the go-ahead to apply to join the Extractive Industries Transparency Initiative (EITI). The decision is part of the country’s ongoing efforts to strengthen accountability in the management of its natural resources and attract investors to develop its oil, gas and mining reserves.