Event report
Uganda Investment Authority's One Stop Center Panel Discussion
A deep dive into Uganda's thriving investment climate.
Yesterday, the French Chamber of Commerce Uganda - FCCU hosted a highly informative webinar exploring Uganda's thriving investment climate, in collaboration with the Uganda Investment Authority (UIA). Members of the French Chamber of Commerce Kenya and the French-Tanzanian Chamber of Commerce (FTCC) had the opportunity to gain valuable insights into the resources and incentives available for foreign investors in Uganda.
Key Highlights from the Session:
1. Sectoral Opportunities: Uganda presents immense potential in sectors like energy, infrastructure, hospitality, ICT, real estate, health, mining, and value-added industries.
2. Government Incentives: Tax holidays, exemptions, and non-tax incentives were discussed, particularly for agriculture, manufacturing, and tourism.
3. UIA’s One Stop Center: This centralized platform simplifies business registration, tax advisory, immigration services, and trade facilitation for investors.
4. Sustainability Initiatives: Insights from the National Environment Management Authority (NEMA) emphasized green investment and environmental compliance.
Why Invest in Uganda?
- France ranked as the #1 investor in Uganda in 2023.
- Recognized as Africa’s Best Investment Destination in 2024.
- A growing population of 47 million and the lowest labor costs in the East African region.
- Access to regional markets through COMESA, AfCFTA, and EBA-EU agreements.
- 100% foreign company ownership is allowed.
Expert Panel Discussions:
Panelists from UIA, Uganda Revenue Authority, NEMA, Uganda Registration Services Bureau, Uganda National Bureau of Standards and other key bodies shared actionable insights on:
- Navigating regulatory frameworks.
- Tax policies and investment incentives.
- Regional trade cooperation and green investment opportunities.
With Uganda’s GDP projected to grow by 6.5% in 2024/25, the country is positioned as a top investment destination in East Africa.
A big thank you to the French Chamber of Commerce Uganda - FCCU team, the distinguished panelists, and all attendees for making this session a success!
