Why Invest in Uganda

There are countless reasons to invest in Uganda. The African Development Bank strongly suggests that one should look into retail, construction, and telecommunications. Due to the discovery of oil reserves, investors such as yourself should look towards a country whose mining, transport, and hospitality sectors will grow in leaps and bounds. Similarly, rapid urbanization and commensurate public investment in urban development mean that the country's service sector will only grow faster. Interestingly, a 2015 global survey established that Uganda was the world's most entrepreneurial country – one that would only see an upward trajectory given further clustering of skills and technology, proximity to financial services, and further progress made on improving the regulatory environment. According to the 2020 World Investment Report, the volume of foreign direct investment being infused into Uganda grew by 20% over the previous year, to a record high of US$ 1.3 billion. Investors from Kenya, Germany, Belgium mostly ostensibly agree with the viability of the country's major oil fields, an international oil pipeline, and the coffee and mining sectors.