UK Africa Investment Summit: Uganda is ready for British investors – Museveni

President Museveni and British Prime Minister Boris Johnson interact with African heads of state and business executives before the official opening of the UK-Africa Investment Summit in London. PPU Photo
By :
AT Reporter

President Museveni has told UK Prime Minister Boris Johnson that Uganda is ready to receive British investors.

These remarks were made during a meeting the Ugandan President had with Johnson at the UK-Africa Investment Summit held at the Intercontinental Hotel in london.

“I thank the Prime Minister for the invitation. Like I told him in our bilateral meeting, Uganda is ready to receive British investors, given the immense business opportunities in the Pearl of Africa, Museveni said in a tweet.

Uganda’s Beef Gets Nod at The UK-Africa Investment Summit

Museveni noted Uganda’s infrastructure had been upgraded to support investment.

“We have sufficient electricity, a skilled workforce, fair tariffs, good roads,” he added.

The Uganda president also said that opportunities exist in agriculture, services, tourism, dairy sector, ICT among others.

“I am glad that in his speech, the Prime Minister indicated that our products, including Uganda’s beef, would find its way onto the dining tables of post-Brexit Britain. Our position has always been balanced trade that benefits all parties,” he added.

He agreed with the British Prime Minister that focus must also be put on fighting climate change and limit use of coal. In Uganda, he noted that work was on going to save wetlands, and that the Ugandan government was encouraging all those occupying wetlands to leave.

16 African leaders are attending the Summit including President Sisi of Egypt, President Buhari of Nigeria, President Kagame of Rwanda, President Kenyatta of Kenya and President Akufo-Addo of Ghana alongside African business leaders including CEO of Investec Hendrik Du Toit and that of Standard Bank Gert Vogel.

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