The “Invest in Uganda” forum in Cairo enhances opportunities for economic cooperation with Egypt.
Egyptian investments in Uganda exceed $239 million
The Ugandan Embassy in Cairo, in partnership with the African Businessmen Association, organized the “Investment in Uganda” forum at a Cairo hotel, as part of efforts to enhance economic and investment cooperation between the two countries.
The forum was attended by Lieutenant General Charles Angina, Deputy Ambassador of Uganda in Cairo, Ambassador Karim Sherif, Assistant Foreign Minister for African Affairs, along with the Ugandan Foreign Minister for External Relations, the Ugandan Minister of Trade and Industry, the Rwandan Ambassador, the South Sudanese Ambassador, the Angolan Ambassador, as well as representatives of a number of African embassies in Cairo.
Key investment opportunities in Uganda
The forum highlighted the most prominent investment opportunities in Uganda, particularly in the agriculture, minerals and energy, industry and manufacturing, and medical and health sectors, in addition to the areas of import and export, tourism, and information technology.
In his speech, the Deputy Ambassador of Uganda in Cairo reviewed the volume of trade exchange with Egypt, stressing his country’s aspiration to enhance economic cooperation and increase the volume of joint investments, calling on businessmen and investors to take advantage of the promising opportunities in the Ugandan market.
The forum also included a presentation of the most important ready and investable projects, in addition to organizing direct business meetings between government agencies and companies (B2G), between companies themselves (B2B), and between companies and consumers (B2C), which contributes to opening new horizons for economic partnerships between the two sides.
Uganda offers an attractive investment climate.
Earlier, Charles Angina affirmed the strength of the historical relations between the two countries, noting that Uganda provides an attractive investment climate characterized by political and security stability, abundant natural resources, and incentive legislation for foreign investment.
