Summary: The government urges more companies to invest in communications gadget manufacturing in Uganda to lower digital communication costs. KAMPALA, …
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Chinese President Reaffirms Support for Uganda’s EACOP Project
Summary: Chinese President Xi Jinping reaffirms support for Uganda’s East African Crude Oil Pipeline Project (EACOP) in a letter to …
Read More »Is Uganda Losing Its Investment Appeal?
Summary: East Africa, notably Uganda, Kenya, and Tanzania, attracted $13.3 billion in foreign direct investment in 2022. However, a Ugandan …
Read More »President Museveni hosts Italian Business Persons
Summary: President Museveni of Uganda appeals for private sector investment from Europe, particularly in coffee value addition and healthcare, during …
Read More »France Commits to $3 Billion Investment in Uganda Over Three Years
Summary: France pledges to invest up to $3 Billion (UGX 12 trillion) in Uganda over three years, focusing on sectors …
Read More »China remains Africa’s largest trading partner for 15 consecutive years
Summary: China has been Africa’s top trading partner for 15 years, reaching a record $282.1 billion in bilateral trade in …
Read More »France injects UGX3.2 trillion into Ugandan projects amid Anti Homosexuality Act
Summary: Despite the controversy surrounding Uganda’s Anti-Homosexuality Act, the French Embassy, led by Ambassador Xavier Sticker, asserts its continued commitment …
Read More »190 investors seek Nakalema’s intervention due to extortion
Summary: Col Edith Nakalema, leading the State House Investors Protection Unit (SH-IPU), reported 189 investor complaints, with local investors citing …
Read More »Access Bank to acquire 80% stake in Uganda’s Finance Trust Bank
Access Holdings announced on Thursday, January 17, 2024, that its subsidiary, Access Bank, has agreed to acquire a majority stake …
Read More »Museveni affirms keenness on attracting Qatari investments
Summary: President Museveni of Uganda emphasized collaboration with Qatar during a meeting at the ‘East Africa Investment Forum.’ Discussions included …
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