President Yoweri Museveni has assured Kenyan investors of Uganda’s commitment to building strong business partnerships that will benefit both countries.
Speaking during a meeting with a group of Kenyan investors in Kampala, Museveni said Uganda offers a stable environment for investment, with opportunities in agriculture, manufacturing, energy, tourism, and infrastructure development.
“We are ready to work with you. Uganda is open for investment, and our government will support partnerships that create jobs and promote trade between Uganda and Kenya,” Museveni said.
The President encouraged Kenyan businesses to take advantage of Uganda’s growing market and its position as a gateway to the East African Community (EAC).
He also noted that regional trade integration is key to Africa’s economic growth.
The Kenyan delegation expressed interest in sectors such as agro-processing, transport, and renewable energy. They highlighted the need for improved cross-border infrastructure and easier access to markets.
Museveni emphasized the importance of value addition to African products, urging investors to set up industries that process raw materials locally. He said this approach would help Africa create wealth and reduce dependence on imported goods.
This meeting comes at a time when Uganda and Kenya are working to strengthen economic ties under the EAC framework. Both countries have previously signed agreements to boost trade and investment, but challenges such as high transport costs and non-tariff barriers still remain.
