By David Rupiny
The Uganda Investment Authority (UIA), the country’s chief investment promotion agency, was recognized as the “Second-Best Investment Promotion Agency in Africa”.
The prestigious award went to UIA for promoting and facilitating private sector investors above her other counterparts on the continent.
Uganda’s submission for the competition, in which 50 investment promotion agencies participated, is Tembo Steels, the most vertically integrated and diversified steel plant in Africa.
The award was received at a colourful gala held at the three-day Annual Investment Meeting (AIM Congress 2025 which is taking place in Abu Dhabi, United Arab Emirates (April 7 – 9, 2025).
The AIM Global Investment Awards aim to recognise the best-performing Investment Promotion Agencies across the globe.
The awards are an initiative of the AIM Foundation, an independent international organisation committed to empowering the world’s economy by boosting effective promotion strategies and facilitating opportunities for economic productivity and expansion.
The AIM Congress 2025 is being held under the theme “Mapping the Future of Global Investment: The New wave of a Globalized Investment Landscape – Towards a New Balanced world Structure.”
The Congress is being attended by over 25,000 participants, including speakers, decision-makers, investors, experts, academics, and the media, representing 180 countries.
Receiving the accolade on behalf of the country, Uganda’s Ambassador to the United Arab Emirates, Zaake Wanume Kibedi, said: “We thank the government of Uganda, the UAE, the UIA and the private sector for this joint concerted effort that made this achievement possible. We are participating in this global event to promote Uganda’s economic and commercial diplomacy”.
In attendance at the awards were the CEO of the Private Sector Foundation Uganda (PSFU), Mr. Stephen Asiimwe, and Uganda’s Vice President of the Chamber of Commerce and Industry (UNCCI), Mr. Stephen Kalibbala.
This is the third time Uganda and UIA are winning international accolades at the Annual Investment Meeting Congress, now in its fourteenth year.
In 2022, Uganda was recognized as the best investment destination in Africa, while UIA was awarded as the best investment promotion agency in East Africa. In 2023, Uganda was recognized as the best investment destination in Africa.
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