Author: James Wambua

James Wambua is a seasoned business news editor specializing in various industries including energy, economics, and agriculture. With a comprehensive understanding of these industries across Africa, he excels in delivering accurate and insightful news coverage that keeps readers informed about key developments and trends.

AIM Uganda

Uganda woos UAE investors to drive key export industries

Countries
  • Uganda is scouting for investors at the Annual Investment Meeting in Abu Dhabi, UAE.
  • The East African country wants investors to explore its agro-processing, tourism and extractive industries.
  • Latest data shows that Uganda exported $2 billion worth of goods to the UAE in 2021.

Uganda is setting up industrial hubs across the country to attract investors in key sectors vital for powering growth. The country is fast-tracking infrastructure in the target areas which are under the country’s Free Zones Authority.

At the moment, Uganda has identified agro-processing, tourism, extractive as well as apparel industries as key cogs in unlocking her export potential.

These sectors will be critical in creating new job opportunities for roughly over 100,000 youth who are joining the labour market from school every year.

Uganda’s Vision 2040 seeks to tap into trade, tourism, investments and exports to drive development and social economic transformation.

“We are a …

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