
President Yoweri Kaguta Museveni has called on investors worldwide to explore opportunities in Uganda and Africa, highlighting the continent’s vast potential for growth and development.
Speaking at the Abu Dhabi Sustainability Week 2025 Summit, President Museveni emphasized Uganda’s rapid economic growth, noting that the country’s economy is growing at a fast rate but requires value addition to accelerate transformation.
“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%,” Museveni said.
The President identified key areas for investment, including adding value to Uganda’s agricultural raw materials such as coffee, bananas, and cotton. He also emphasized the significance of the East African market, which provides a lucrative opportunity for investors.
“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,” he said.
Museveni also reflected on Uganda’s journey to economic recovery, which involved diversifying the economy by commercializing new products and adding value to raw materials. He noted that these efforts have contributed to the growth of Uganda’s economy from $4 billion in 1986 to $168.5 billion today.
The President assured investors that the African market is ready to absorb manufactured products, ensuring the sustainability of investments.
“The population of Africa will be 2.5 billion people in the next 25 years. The population of Uganda will be 106 million people by that time,” Museveni said.
Museveni’s call to investors was made during the Abu Dhabi Sustainability Week 2025 Summit, a global platform for addressing sustainability challenges and promoting economic, social, and environmental progress.
Other notable attendees at the summit included Nigerian President Bola Tinubu, who discussed Africa’s transition to cleaner energy.