Uganda NSSF May Back Mega Oil Refinery

Posted on 12/03/2015


Uganda is seeking to accelerate crude oil production. Uganda’s National Social Security Fund (NSSF), the east African country’s primary pension entity, is looking at investing in a planned US$ 2.5 billion oil refinery. The government could take up to a 40% stake. Emerging economies often seek to tap pension assets for strategic development projects to […]

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