back to top
HomeNewsMuseveni Implores UK, Europe To Expand Investment In Uganda and Africa

Museveni Implores UK, Europe To Expand Investment In Uganda and Africa

Published on

- Advertisement -spot_img

President Yoweri Kaguta Museveni has called on investors from the United Kingdom and across Europe to increase their investment in Uganda and the wider African continent, saying stronger economic partnerships are essential for driving industrial growth and sustainable development.


The President made the remarks during a meeting at State House, Entebbe, with Baroness Chapman. The discussions centered on enhancing Uganda–United Kingdom relations, with a strong focus on trade, investment, and economic cooperation.


President Museveni said Africa presents vast opportunities in agriculture, manufacturing, tourism, minerals, and other productive sectors, urging European investors to move beyond traditional trade and establish long-term investments that create jobs and support local industries.


He stressed that increased foreign investment would accelerate value addition, boost exports, strengthen industrialisation, and generate employment opportunities, benefiting both African and European economies through expanded trade and shared prosperity.


The President also welcomed Baroness Chapman to Uganda and reaffirmed his government’s commitment to maintaining the warm and longstanding relationship between Uganda and the United Kingdom while exploring new areas of cooperation.


The meeting was attended by Haruna Kasolo Kyeyune, Lisa Chesney, senior government officials, and members of the British delegation, who discussed ways of deepening collaboration in investment and development.

Related

Oscar Kamukama Backs Local Iron Ore Processing for Regional Steel Market

Kampala: Uganda should move faster to process its iron ore locally and develop a...

‘Licence CN Sugar’- Namayingo Farmers Press Sugar Council Over Delayed CN Sugar Licence

Furious sugarcane farmers in Namayingo District have confronted members of the Sugar Council, demanding...

In Fear: Mbeya Residents Demand Security Protection After Release Of A Notorious Crime Suspect

Residents of Mbeya Island in Mukono District have protested the release on bail of...

Jambojet resumes operations after six-year break.

Jambojet has resumed daily flights between Nairobi and Entebbe, Uganda after a six-year break. In...

More from The Capital Times

Africa Can Feed Itself-Museveni Declares End To Food Imports With Homegrown Solutions

President Yoweri Kaguta Museveni has reiterated the importance of food self-sufficiency in Africa, stressing...

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...