Managing natural resources for development in East Africa: Examining key issues with the region’s oil and natural gas discoveries (Brookings)

Recent discoveries of oil and natural gas in East Africa have created excitement throughout the region over the potential windfall of revenues into government coffers. Uganda has a reserve of 2 billion barrels of oil and expected government revenues of $3.2 billion per year for the period from 2010 to 2040. In Kenya, there will be $10 billion in government revenue during the anticipated 30-year production period. In Tanzania, natural resources have the potential to create $2.5 billion in yearly government revenues. And in Mozambique, World Bank estimates show that, by 2032, resource revenues could reach $9 billion, accounting for 21 percent of total revenues

http://www.brookings.edu/research/papers/2016/06/managing-natural-resources-development-east-africa-kimenyi-lewis