UK investment and export promotion conference aimed at benefiting Uganda

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The state minister for privatisation and investment will be among guests at the UK-Uganda investment and export promotion conference, set for May 9.

Ms Evelyn Anite, in her effort to promote Uganda’s exports to UK and investment opportunities, will lead a Ugandan contingent to the East Midlands to attend the first summit dedicated to boost UK exports, Uganda exports and investment to Uganda. She will be accompanied Dr Samuel Mugasi, the Naads executive director.

The conference themed “Uganda is ready for business with the Midlands. “Boosting trade & investment opportunities” is organised by Uganda Convention-UK (UCUK) in conjunction with the Uganda High Commission UK; along with strategic partners to include: Black Country, Greater Birmingham & Solihull Local Enterprise Partnership, Coventry and Warwickshire Local Enterprise Partnership (Growth Hub), Worcestershire Business Central will take place at the prestigious West Bromwich Albion Football Club, The Richardson Suite, The Hawthorns, West Bromwich, West Midlands, B71 4LF, starting at 9:00am.

According to the event organiser, Mr Willy Mutenza, the delegates expected to attend will learn about Uganda’s attractiveness as an investment destination and trading partner, gain detailed profiling of sector investment and trading opportunities and “expand their network of contacts and business associates.”

The conference comes at the heels of UK Trade Envoy to Uganda, Lord Dolar Popat’s bilateral talks with President Museveni at State House Entebbe last month.

Lord Dolar Popat, revealed that UK government plans to increase funding for export credit to Uganda, from £300 million (Shs1.35 trillion) to £600 million (Shs2.7 trillion).

Popat said Uganda will have great access to UK trade finance, and pave way for more UK investors to bring their expertise, products and services to Ugandan projects. Britain is heavily invested in Uganda through sectors like agriculture and banking but analysts say the attest development could pave way for infrastructure projects between the two nations.

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