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Home»Regional»UGANDA,EGYPT SIGN NEW TIES ON TRADE COOPERATION
Regional

UGANDA,EGYPT SIGN NEW TIES ON TRADE COOPERATION

felix@elixnews.co.ugBy felix@elixnews.co.ugMay 14, 2026Updated:May 14, 2026No Comments5 Mins Read
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President Yoweri Kaguta Museveni  and Egyptian President Abdel Fattah El-Sisi have  agreed to deepen cooperation in trade, industrialisation, renewable energy, fish farming and sustainable management of the River Nile.

El-Sisi, on an official visit, was accompanied by Egypt’s Minister of Foreign Affairs, Emigration and Egyptian Expatriates, Dr. Badr Abdelatty, and Minister of Water Resources and Irrigation, Prof. Hani Sewilam.

The discussions focused on strengthening longstanding relations between Uganda and Egypt, regional peace and security, economic transformation and water resource management.

Museveni welcomed El-Sisi and called for practical cooperation aimed at addressing poverty and accelerating socio-economic transformation.

He highlighted environmental degradation, particularly wetland encroachment, as a challenge affecting the Nile Basin, saying many people invade wetlands for agriculture due to population pressure and limited economic opportunities.

He proposed large-scale fish farming as part of the solution, saying aquaculture would create jobs, protect wetlands and increase export earnings.

“The biggest help I want from you is fish farming. Fish is in high demand globally, and this project can help our people move out of subsistence agriculture while also protecting the wetlands,” Museveni said.

He noted that one major characteristic of underdevelopment in Africa is overdependence on agriculture, with a large percentage of the population engaged in low-productivity farming.

The president said that  Uganda’s strategy is to move more people into manufacturing and services to reduce pressure on land and increase household incomes. He also emphasised the importance of electricity and renewable energy in driving industrialisation.

On regional affairs, Museveni expressed concern over prolonged instability in Libya, the conflict in Palestine and tensions involving Iran, saying Africa should continue advocating for dialogue and peaceful solutions.

“We cannot remain silent when people continue to suffer through endless wars and instability,” President Museveni said.

President El-Sisi congratulated President Museveni upon his recent election victory and commended him for what he described as balanced and visionary leadership.

“The world today is often driven by interests rather than justice and values, but Your Excellency continues to demonstrate wisdom and balance in leadership,” President El-Sisi said.

The Egyptian leader reaffirmed Egypt’s commitment to supporting Uganda’s development agenda, particularly in fish farming, renewable energy, industrialisation and value addition.

He said Egypt would work with Uganda to establish modern fish farming projects and mobilise Egyptian investors to invest in Uganda’s aquaculture sector.

President El-Sisi also pledged support in renewable energy development, saying Egyptian expertise and private investors would be encouraged to invest in Uganda’s energy sector.

On industrialisation, the Egyptian President urged African countries to focus on value addition instead of exporting raw materials.

He cited sectors such as iron ore, copper, leather, meat processing and fruit processing as areas with enormous potential for industrial growth and export earnings.

“The global market is thirsty for these products. Africa must process its raw materials and agricultural products to create jobs and generate more income,” President El-Sisi said.

He further called for stronger private sector partnerships between Uganda and Egypt and announced plans to establish a Joint Business Council to facilitate trade and investment between the two countries.

President El-Sisi also invited President Museveni to attend the African Business Forum scheduled to take place in Egypt in June 2026.

Additionally, the two leaders discussed peace and security in Sudan, South Sudan, Somalia, eastern Democratic Republic of Congo and the Horn of Africa, reaffirming support for dialogue, African-led peace processes and respect for sovereignty and territorial integrity.

On the Nile Basin, President El-Sisi noted that Egypt faces severe water scarcity, with per capita water availability having dropped below 500 cubic metres annually.

He said Egypt remains committed to dialogue and cooperation with Nile Basin countries and stressed the need for sustainable and equitable utilisation of shared water resources.

In a joint communiqué issued after the meeting, the two leaders directed their respective institutions to operationalise the outcomes of President Museveni’s August 2025 visit to Egypt and strengthen cooperation in agro-processing, pharmaceuticals, renewable energy, water management and infrastructure development.

The communiqué further stated that Egypt reaffirmed readiness to finance and mobilise funding for water-related infrastructure projects in Uganda through the Nile Development Fund.

The two leaders also agreed to strengthen cooperation under regional and continental frameworks including the African Union, the African Continental Free Trade Area and COMESA, in line with Agenda 2063 and the United Nations Sustainable Development Goals.

As of early 2026, Uganda and Egypt have strengthened ties through a visa-free agreement for diplomatic and service passport holders (effective Jan 17, 2026) and a strategic partnership focusing on Nile water management, trade, and infrastructure investments. Regular Ugandan passport holders still require visas and security clearances for Egypt.

While diplomatic officials enjoy visa-free travel, ordinary Ugandan citizens must apply for a visa, often requiring security approval before traveling to Egypt.

Egypt is investing in Uganda’s water infrastructure projects (dams, irrigation) and supports development that complies with international law on Nile usage, acknowledging the river as crucial to both nations.

BANK OF UGANDA KCCA MINISTRY OF DEFENCE MINISTRY OF EDUCATION MINISTRY OF FINANCE MINISTRY OF FOREIGN AFFAIRS MINISTRY OF LOCAL GOVERNMENT MINISTRY OF PUBLIC SERVICE MINISTRY OF WATER NEMA PARLIAMENT OF UGANDA UCC UGANDA MEDIA CENTRE UGANDA POLICE URA
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felix@elixnews.co.ug

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MOVIT AFRICA TAKES TOP HONORS AT THE 32ND UGANDA INTERNATIONAL TRADE FAIR

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