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Uganda & India-on Fast Track partnership towards Commercial & Economic growth

Ahmedabad, 21st June 2023: The Republic of Uganda, popularly described as the ‘Pearl of Africa’, renowned for its natural beauty, abundant wildlife and diversity is hosting a Roadshow in Ahmedabad. The 3-day Roadshow, organized by the Ugandan High Commission, was inaugurated on the 21st of June, will highlight India and Uganda’s historical close ties in the areas of Commerce and Economy. The key themes of the event would include, Tourism, Culture and Trade, throwing open Uganda as the number one destination for investments for the elite and business community in Gujarat.

Focusing on the increasing the scope of engagement in the areas of commerce and economy, the event will feature an intense discourse on the business and investment opportunities in the different sectors of Uganda. The sectors that will be discussed include, Agro processing, Manufacturing, Mining, Construction, Tourism, Information Technology and Film making. Apart from discussions on the various investments and business opportunities, the keynote speakers will also be discussing formalities of doing business in Uganda.

Speaking on the occasion, His Excellency Professor Joyce K. Kikafunda said, “We are extremely pleased with the continued cooperation between India and Uganda and are reaping the benefits of India’s commitment towards the African continent with the ‘Africa matters’ policy. We welcome the initiative of opening Indian Universities in Uganda, with the opening of the National Forensics University. We also look forward to India’s expertise in technical know-how and empowerment in various fields, capacity building and human resource capacity enhancement, which will be discussed at length in the 3-day event.

India’s exports to Uganda have skyrocketed from $57.4 million in 1995 to $695 million in 2021, while Uganda exported $53.6 million to India in the same year. Coffee, cocoa beans and dried legumes were the principal exports from Uganda to India. Ugandan exports to India have surged over the past 26 years, and the Roadshow aims at increasing trade between the two countries in the next 5-10 years.

The highlight of the event will be a cultural extravaganza on the last day of the Road show. The extravaganza will feature performances from different parts of Uganda by Ugandan students in Gujarat. Guests will also be treated to Ugandan cultural and contemporary delicacies like the famous ‘Rolex, coffee, tea and so many more.

Uganda’s relation with India is over a century old. Uganda worked with India long before the independence times. The goodwill between the people of both countries is already fertile grounds for conducting business.

The mission therefore invites all able businessmen with interests of expansion in Africa to consider exploring Uganda’s various business and investment opportunities.

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