Uganda’s President, Yoweri Kaguta Museveni, has asked investors worldwide to come and invest and do business in Uganda.
Addressing participants at the fourth edition of the Abu Dhabi Sustainability Week 2025 on the topic “Transforming Uganda in a Rising East Africa”, President Museveni said Uganda has vast investment opportunities in many sectors and needs investors from across the world.
The President said Uganda’s economy is growing at a fast rate and needs a stimulant in the form of adding value to its products to accelerate the transformation of the economy.
The President said: “We, therefore, invite investors from across the world to help us with the rapid transformation of our economy and society as they also benefit because the internal rate of return in Uganda is 14.1 percent. Uganda is now classified as a lower-middle-income country. It will, however, rapidly grow into a high-middle-income country and eventually into a first-world country. To achieve these goals, we need to add value to the large spectrum of our agricultural raw materials like coffee, bananas, fruits, cotton, oil seeds, cassava, maize, tea, dairy, beef, poultry products, fish, forest products, sugar, and mineral products”.
President Museveni said it is important for Uganda to have a big market for its products, which will support the people’s prosperity. He assured investors of the huge and growing market in the region that will not only absorb all their manufactured products but also ensure the sustainability of their investments.
The President assured investors that Africa has already laid down a lucrative market.
“When you invest in Uganda, you have the assurance of this huge and growing market in Uganda, East Africa, and Africa. The population of Africa will be 2.5 billion people in the next 25 years. The population of Uganda will be 106 million people by that time”, said the President.
The President said that Africa, with the adoption of correct policies and acting in the right way, will undoubtedly be the future leader in prosperity, adding, as he put it, “Africa’s growth is now unstoppable.”
***