Following a successful Shs128 billion (about $34 million) investment drive, Uganda announced the transition of its Economic Diplomacy strategy from pilot to full implementation. The strategy, coordinated by the Ministry of Foreign Affairs and the Uganda Investment Authority, targets strategic sectors such as agriculture, renewable energy, and ICT. Key actions include establishing trade desks in 15 embassies, negotiating bilateral investment treaties, and launching a digital platform for investors to track project approvals. Early results show a 12 % increase in foreign direct investment inflows and the creation of 4,500 jobs, prompting officials to set a goal of attracting $1 billion in new capital by 2028.
On top of everything as it happens