A new report from International Alert which examines the potential of Uganda’s newly discovered oil reserves and recommends increased transparency and principled leadership to promote broad economic opportunities of oil discovery for peace and development in Uganda.

This discovery of oil, taking place within a context of a variety of tensions that exist on both sides of the DRC-Uganda border, represents a potential risk of conflict and presents a peacebuilding challenge for local communities, the government, private sector investors, donors and civil society.

PWYP Uganda’s coordinating organisation the Africa Institute for Energy Governance (AFIEGO) has issued a newsletter covering events and activities during the first quarter of 2009. A major component of AFIEGO’s work is its Extractive Industries Governance Programme for which it has carried out numerous activities this year with many more on the horizon.

Highlights of the newsletter include:

• PWYP Uganda Training Workshop by Dr.

Letter from PWYP representatives to Mr. Emmanuel Mbi, World Bank Director for the Greak Lakes Region, regarding the meeting of donors to Congo Brazzaville (Paris, 14 September 2004) and the World Bank press release on the participation of Congo Brazzaville in the Extractive Industries Transparency Initiaitive.

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Substantial amounts of oil have been discovered in the Albertine graben and there is potential for discovery of more oil deposits in other parts of the country. Oil exploitation will generate very large and sudden revenue inflows, yet oil and gas administrative and financial systems are ill-equipped to handle such flows.

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The Publish What You Pay Nigeria Campaign welcomes the visit of the IMF Managing Director Mr. Rodrigo de Rato to Africa. During the trip to Africa, Mr. Rodrigo de Rato is expected to visit Nigeria, Gabon and Ugandan to meet with government and Civil Society representatives.