President Yoweri Kaguta Museveni has called on investors worldwide to come and do business in Uganda in particular and Africa in general that today offers a myriad of investment opportunities in various sectors.
He said that Uganda’s economy is growing at a fast rate but only needs a stimulant in the form of adding value to its products to accelerate the transformation of the economy.
“We, therefore, invite investors from the world to help us do the rapid transformation of our economy and society as they also benefit because the IRR in Uganda is 14.1%. Uganda is now classified as a lower middle-income country. It will however rapidly grow into a high middle class country and eventually into a fast world country. To achieve these goals, we need to add value to the large spectrum of our agricultural raw materials like coffee, bananas, fruits, cotton, oil seeds, cassava, maize, tea, dairy, beef, poultry products, fish, forest products, sugar as well as mineral products,” he asserted.
President Museveni was among several African and International leaders who today attended the opening ceremony of the 4th edition of Abu Dhabi Sustainability Week 2025 at Abu Dhabi National Exhibition Centre (ADNEC) themed ‘The nexus of Next: Supercharging Sustainable Progress’.
President Museveni was delivering his address on the topic ‘Transforming Uganda in a rising East Africa’.
Abu Dhabi Sustainable Week is a global platform to address the world’s most pressing sustainability challenges and accelerate inclusive economic, social and environmental progress. The event fosters interconnected solutions that redefine sustainability and harness collective intelligence to super charge sustainable progress.
Additionally, ADSW leverages the UAE’s vision and its unique ability to unite the Global community and accelerate a sustainable, inclusive and resilient future.
The annual event stands at the nexus of new thinking and action.
President Museveni who wholeheartedly thanked the President of the United Arab Emirates Sheikh Zayed bin Sultan Al Nahyan for inviting him to the summit, reflected on the importance of having a big market for the products produced in Uganda and Africa in general that will support the prosperity of the people on the continent.
