President Museveni touring West Nile to promote investment and wealth creation

President Yoweri will from April 11 to 13, 2023, tour Uganda’s northwestern region, popularly known as West Nile, to promote investments and wealth creation.

The President’s West Nile tour would be the second, after that of Acholi sub-region, designed to explore various investment and wealth creation strategies of getting more people into the money economy.

The President’s itinerary includes visits to model farms in the districts of Nebbi, Madi-Okollo, Arua City and Obongi, engagements with local leaders and business community, inspection of value-addition exhibition (organized by Uganda Investment Authority) and two meet-the-people rallies (in Arua City and Obongi).

There will also be presentations on investment opportunities and incentives by UIA, as well as from various government ministries, departments and agencies on various development issues.

UIA will, in addition to organizing the value-addition exhibition, will also showcase various investment and business support services it offers through the One-Stop Centre for Investors.

Minister Anite

According to the State Minister of Finance (Privatisation and Investment), Hon. Evelyn Anite, President Museveni will “be preaching the gospel of investment and wealth creation to the people of West Nile”.

Minister Anite says the West Nile Presidential Tour will be more business-oriented in order to deal with key issues that would boost business and economic development of the region.

West Nile has lots of investment and business opportunities in commercial agriculture, agro-processing, tourism and hospitality, manufacturing, fishing, forest resources, mining, real estate and services.

Its proximity to South Sudan, the Democratic Republic of Congo and Central African Republic also makes it ideal for cross-border trade.

West Nile business community discussing their presentation to President Museveni.

Key economic needs of the region include key infrastructure like industrial power and water, roads, affordable financing and business support services, amongst others.

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