Browsing: Beef industry

Museveni gets $19.6m beef funding from UK

President Yoweri Museveni got assurance on Uganda’s beef exports to Britain and a commitment of $19.6 million funding at the UK-Africa Investment Summit.

The funding pledge is part of a $419 million UK Aid package for the 21 countries invited to the investment Summit.

The funding is intended to start a new phase of financial sector development (FSD) across Africa, to increase the existing financial sector programmes, set up and scale up new FSDs in high priority markets, including Ethiopia, Sierra Leone, Ghana and the West African Monetary Union.

The State House of Uganda said that President Museveni held a bilateral meeting at the sidelines of the summit with UK Prime Minister Boris Johnson.

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President Museveni asked UK’s prime minister to encourage more British firms to invest in Uganda, saying that the country has vast investment opportunities in the …