Republic of Uganda · Kampala · 50.9M people · africa
Governmentpresidential republicArea241.0K km²Sanctioned entities71Active conflicts6CIA· Jan 2026
Stability Score?How the stability score is computedA weighted composite of seven pillars— conflict intensity, event volatility, arms activity, economic health, market stress, sanctions exposure, and humanitarian proxy. Each pillar is scored 0–100 (higher = healthier). The composite is weighted (conflict 25%, economy 20%, events 15%, the rest 10% each) and recomputed daily from strategic events, World Bank indicators, arms-transfer data, and sanctions records.
Source · intelligence_events · all severity tiersHover any annotated dot for full milestone
Key Judgments
01
Hoima refinery delays pose medium-term fiscal and energy security risk
Uganda's $4 billion Hoima refinery project remains stalled pending completion of crucial agreements and preliminary engineering work, with no timeline for resolution reported. Successful completion is essential to Uganda's oil monetization strategy and would significantly bolster government revenues and energy independence. The ambiguity surrounding agreement timelines creates planning uncertainty for fiscal projections and foreign investment confidence.
Bank of Uganda raised benchmark rates to 12.0% in October 2026 to defend currency stability, yet the shilling continues weakening. Governor Atingi-Ego attributes depreciation to trade imbalance and outward investment flows rather than legislative risk (Sovereignty Bill), suggesting monetary policy alone cannot address underlying macroeconomic vulnerabilities. This structural weakness may limit policy options if capital outflows persist.
EAC member states approved a 10-year tourism strategy for AFCON 2027, enhanced e-commerce frameworks with intra-regional trade reaching $1.6 billion, and Kenya's World Bank-backed 612km Lake Victoria Ring Road project is under assessment. These initiatives strengthen Uganda's regional connectivity and trade networks, potentially offsetting bilateral port dependency on Kenya's Mombasa facility.
moderate confidence3 sourcesEN
04
Uganda signals commitment to extractive sector transparency amid global scrutiny
Uganda pledged increased accountability for oil and mineral revenues and joined Egypt-led African coalition advocating domestic value-addition over raw extraction. Government transparency commitments align with international governance standards, though enforcement mechanisms and institutional capacity remain unclear from available reporting.
moderate confidence2 sourcesEN · AR
05
Uganda's BRICS engagement signals diversification of strategic partnerships
Analyst Andrew Mwenda advocates Uganda's BRICS participation to advance supply chain positioning and reduce Western economic dependency. This reflects broader East African strategy (Ghana's application) to expand development options, though concrete benefits remain speculative and may create alignment tensions with Western donors conditioning aid on data-sharing arrangements.
moderate confidence2 sourcesEN
Watchlist · next 48 hours
01
Hoima refinery agreement announcements or project timeline updates
Indicator · Government or developer statement confirming key agreements finalized or engineering phase completion milestones; media reports of project restart funding commitments
35%
02
Shilling stabilization or renewed depreciation trend following 12% benchmark rate hold
Indicator · Central bank policy decision in next rate-setting cycle; USD/UGX exchange rate movement >2% either direction; capital flow data or IMF commentary on currency sustainability
65%
03
Lake Victoria Ring Road project advancement or World Bank funding decision
Indicator · Feasibility study completion announcement; World Bank approval of financing facility; Kenya-Uganda-Tanzania coordination statement on implementation timeline
40%
04
Uganda BRICS membership application status or formal accession announcement
Indicator · BRICS summit statement on new member admissions; Uganda government official confirmation of application submission or membership conferral
30%
+How we produced this brief
Generated under ICD 203 analytic-tradecraft standards by CLAUDE-HAIKU-4-5-20251001. Evidence pack drawn from 19 dispatches over the trailing 48 hours, plus structured intelligence-event rows, extracted quantities, and threat-evidence records.
Local-language reporting is incorporated where available (EN), with explicit divergence flagging where local and Western framing diverge. Every claim ships with a calibrated confidence statement.
Stability components7-pillar breakdown · each 0–100, higher = healthier · 30-day trend per pillar
arms imports: 8total value usd: $104.6Mconflict amplified: yes
Economic Health
88/100 · 20% wt
gdp growth pct: 6.06%inflation pct: 3.32%unemployment pct: 2.74%
Market Stress
50/100 · 10% wt
total signals 30d: 12negative signals 30d: 6
Sanctions Exposure
86/100 · 10% wt
sanctioned entities: 71is sanctioning power: no
Humanitarian Proxy
67/100 · 10% wt
life expectancy: 68.5literacy rate: 77.00%
Risk matrix5 enterprise-decision dimensions · derived from the 7 stability pillars · higher = more risk
Political
33Moderate
Security
40Moderate
Economic
27Moderate
Regulatory
14Stable
Operational
37Moderate
Risk dimensions are derived from the 7 stability pillars. Higher score = more risk (inverted from the stability score, where higher = healthier). Operational is a weighted composite intended for enterprise-decision use.
This profile draws from four data tiers. Baseline facts (geography, languages, religion) are from the CIA World Factbook snapshot of January 2026 — the final snapshot before the website was retired. Economic indicators refresh daily from the World Bank. Events, conflicts, dispatches, and entity mentions flow continuously from our continuous intelligence graph — sources come online as we add them. Intelligence briefs are generated daily under ICD 203 analytic-tradecraft standards.
Coverage of Uganda will sharpen as we add local-language sources. Every field above carries a provenance chip so you can judge freshness for yourself.