Top stories

Uganda promises Thai investors 15 to 25% returns

By , based on Nile Post

Uganda promises Thai investors 15 to 25% returnsMudduAwulira · CC BY-SA 4.0

Uganda is promising Thai investors annual returns of 15 to 25% in mineral processing, agro-industry, high-tech manufacturing and tourism. Minister Henry Musasizi presented these opportunities in Bangkok as Kampala targets a $500 billion economy by 2040, according to Nile Post.

Uganda is promising Thai investors annual returns of 15 to 25% in mineral processing, agro-industry, high-tech manufacturing and tourism, Finance Minister Henry Musasizi said, Nile Post reports.

The minister was speaking on Monday in Bangkok at the Uganda Investment and Business Opportunities Forum. The government is targeting a $500 billion economy by 2040 and is seeking to deepen its economic ties with Thailand.

The rest of this article is for subscribers.

Try AFREEQUE!

  • Every article in full: all the news from Africa, summarised and easy to read
  • A local source in 52 of the continent’s 54 countries
  • 100% independent: no advertising, no shareholders
  • The satisfaction of supporting an independent African news outlet that serves its readers

Discovery offer

€1

for 15 days

then €9.99/month

Try it for €1

No commitment · cancel in one click
New subscribers only

🔒 Secure payment with:

Mastercard, Visa, Google Pay and Apple Pay

Already a subscriber? Log in

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

Share this article

Related stories

Uganda seeks faster resolution of labour disputes

Andrew Khaukha, executive director of Uganda’s Judicial Training Institute, calls for faster resolution of labour disputes to protect jobs and productivity. He says more effective labour justice will support the national goal of reaching a $500 billion economy by 2040, according to Nile Post.

🇺🇬 Uganda · Source: Nile Post ·

Henry Musasizi backs climate finance despite global energy crisis

Ugandan Finance Minister Henry Musasizi has urged his counterparts to maintain investment to strengthen climate resilience despite pressure from the global energy crisis. He was speaking in Bangkok at a meeting of 103 finance ministries, on the sidelines of the annual meetings of the World Bank and International Monetary Fund, according to Nile Post.

🇺🇬 Uganda · Source: Nile Post ·

Uganda banks on digital investment to reach $500 billion by 2040

Ugandan digital sector officials say investment in information technology must boost productivity and cut costs to support the goal of a $500 billion economy by 2040. At a meeting with the Ministry of Finance, they also called for the economic impact of digital projects to be measured, Nile Post reports.

🇺🇬 Uganda · Source: Nile Post ·

Uganda seeks removal of standards council chair

A Ugandan parliamentary committee recommends that the Trade Minister begin proceedings to remove James K. Kalibbala, chairman of the national standards council. It accuses him of using the title engineer for 34 years without being registered in the professional register, according to a report presented to Parliament and reported by Nile Post.

🇺🇬 Uganda · Source: Nile Post ·

🇺🇬 Latest from Uganda

KCB Bank Uganda joins group to boost Ugandan coffeeKCB Bank Uganda joins group to boost Ugandan coffeeKCB Bank Uganda has joined the Uganda Coffee Group, a private initiative to develop local coffee processing, packaging and marketing. The group aims to increase the value retained in Uganda, which exported 7.75 million bags and earned $2.21 billion in 2024-2025, Pmldaily reports.All Uganda news →

Business in East Africa

Map: TanzaniaTanzania and China strengthen vocational training for young peopleTanzania and China want to deepen cooperation in technical and vocational training to better prepare young people for the needs of the economy. In Tianjin, the two deputy education ministers discussed scholarships, expert exchanges and the creation of four technical institutions in Tanzania, according to the Tanzanian Ministry of Education, Science and Technology.All Business news →

The week in Africa

This week’s highlights

  1. Ukraine strikes Russian refinery after energy truce fails🌍 World
  2. Six Cemac countries harmonise Ebola prevention plans🇨🇩 DR Congo
  3. Trump calls Somaliland a country as Mogadishu defends sovereignty🇸🇴 Somalia
  4. Abidjan Water Forum makes hydro-diplomacy a priority🇨🇮 Ivory Coast
  5. Russia supplies electronic jammers to North Korea🌍 World
All of this week’s highlights →

← Back to the news