Close Menu
  • Demos
  • Buy Now
  • Breaking news

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

US CUT ON SOUTH AFRICA’S HIV AIDS RESPONSE TO COST LIVES,WINNIE BYANYIMA

June 23, 2026

MUNGU FENI WINS PERSONALITIES AWARD

June 23, 2026

NWSC UNVEILS 14BILLION HOIMA CITY WATER PROJECT

June 23, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
Elix News
Subscribe Login
  • Home
  • Politics

    COURT DENIES ERIAS LUKWAGO BAIL OUT

    June 23, 2026

    EC SET DATES FOR LOCAL COUNCIL ELECTIONS

    June 23, 2026

    UGANDA SECURES $300MILLION FOR STANDARD GAUGE RAILWAY PROJECT

    June 23, 2026

    ISLAMIC DEVELOPMENT BANK FUNDS UGANDA’S STANDARD GAUGE RAILWAY

    June 20, 2026

    ALL PERSONS ON BUGANDA LAND ASKED TO REGISTER

    June 16, 2026
  • Business

    CENTENARY BANK UNVEILS ALL IN ONE GONZA DIGITAL WALLET

    June 23, 2026

    ADB APPROVES $155M FOR ARUA AIRPORT REHABILITATION

    June 19, 2026

    SMES URGED TO WORK WITH GOVERNMENT TO HIT $500BILLION ECONOMY

    June 19, 2026

    FABIAN KASI TO EXIT CENTENARY BANK

    June 19, 2026

    COURT ORDERS ERNST & YOUNG TO PAY 3.4BILLION IN TAX

    June 18, 2026
  • Education

    SCHOOLS URGED TO EMBRACE RENEWABLE ENERGY SOURCES

    June 23, 2026

    KAMPALA COMMUNITY DIGITAL SKILLS HUB OPENS IN KATWE

    June 16, 2026

    1000 SCHOLARSHIPS AVAILABLE AT KIU

    June 15, 2026

    KIU TARGETS AFRICA’S TOP 10 UNIVERSITIES AS 1,844 GRADUATE

    June 15, 2026

    ESAFF UGANDA LAUNCHES NATIONAL SCHOOLS AGROECOLOGY COMPETITION

    June 14, 2026
  • Environmental

    NWSC UNVEILS 14BILLION HOIMA CITY WATER PROJECT

    June 23, 2026

    PAPER TO DIGITAL :HOW UGANDA’S DIGITAL LAND ECONOMY IS TRANSFORMING THE NATION

    June 19, 2026

    ECOTRUST GIVES 14 MODEL FARMERS RUMINANT GOATS TO BOOST INCOME

    June 14, 2026

    LESS THAN 2% OF UGANDA FARMERS USE IRRIGATION,EPRC REPORT

    June 14, 2026

    UWA TO DEPLOY 4,000 UPDF SOLDIERS TO GUARD MT ELGON NATIONAL PARK

    June 12, 2026
  • Regional

    EBOLA CASES RISE TO 676 IN DR CONGO

    June 13, 2026

    PRESIDENT MUSEVENI CALLS FOR FASTER EAC INTEGRATION

    June 11, 2026

    EQUITY GROUP AND ITC SIGN MOU ON SUSTAINABLE ECONOMIC GROWTH

    June 3, 2026

    PRESIDENT MUSEVENI BACKS REGIONAL OIL REFINERY INITIATIVE

    May 21, 2026

    MUSEVENI, EGYPT’S EL-SISI AGREE ON STRONGER TIES IN TRADE, INDUSTRIALISATION AND NILE COOPERATION

    May 15, 2026
  • Entertainment

    MUNGU FENI WINS PERSONALITIES AWARD

    June 23, 2026

    SOUTH AFRICAN JAZZ LEGEND ABDULLAH IBRAHIM DIES AT 91

    June 16, 2026

    ZARI HASSAN CALLS OFF MARRIAGE WITH SHAKIB LUTAAYA

    June 12, 2026

    UPRS DISTRIBUTES SH 216MILLION IN ROYALITIES TO MEMBERS

    June 11, 2026

    “BE HUMBLE DESPITE FAME,”ARTISTS ADVISED

    June 7, 2026
  • Health

    ELIGIBLE UGANDANS URGED TO DONATE BLOOD TO SAVE LIVES

    June 14, 2026

    GOVERNMENT ALLOCATES 5TRILLION TO HEALTH SECTOR

    June 12, 2026

    ROTARY,NSAMBYA HOSPITAL EMPOWERS HEALTH WORKERS WITH NEW BORN CARE SKILLS  

    June 5, 2026

    UVRI TO UNVEIL GLOBAL POLIO REFERENCE LABORATORY AS IT MARKS 90 YEARS

    June 4, 2026

    GOVERNMENT SUSPENDS PAYMENT OF MEDICAL INTERNS

    June 2, 2026
Elix News
  • Home
  • Politics
  • Business
  • Education
  • Environmental
  • Regional
  • Entertainment
  • Health
Home»Breaking news»“AFRICA IS THE NEXT BIG BUSINESS CENTRE FOR THE WORLD,”MUSEVENI
Breaking news

“AFRICA IS THE NEXT BIG BUSINESS CENTRE FOR THE WORLD,”MUSEVENI

felix@elixnews.co.ugBy felix@elixnews.co.ugFebruary 24, 2026Updated:March 24, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

President Yoweri Kaguta Museveni  hosted high-level UK–India–Uganda Multi-Sectoral Trade Delegation at State House, Entebbe, where he underscored the importance of continental economic integration as a pathway to shared global prosperity.

The delegation comprised members of the Westminster Africa Business Association (WABA), led by CEO Laurence Robertson, and the South Asia Chamber of Commerce and Industry (SACCI), led by Chairman Mahendrasinh Jadeja. The British High Commissioner to Uganda, H.E. Lisa Chesney, also attended the meeting.

Discussions focused on strengthening trade, investment, and manufacturing partnerships among the United Kingdom, India, and Uganda.

President Museveni emphasized that sustainable prosperity is built on linking producers to consumers, supported by infrastructure, peace, skills development, and affordable finance.

He highlighted Uganda’s strategic position as a stable gateway to East Africa and the wider African market under the African Continental Free Trade Area (AfCFTA), noting access to a domestic market of nearly 50 million people, 300 million people in East Africa, 600 million people in COMESA, and a continental market of over 1.5 billion people.

The President called for accelerated infrastructure development through public-private partnerships and outlined priority investment areas, including manufacturing supported by affordable electricity, low-cost financing through the Uganda Development Bank, and improved transport networks such as regional railway links and oil pipeline infrastructure.

Describing Africa as the “next big business centre of the world”, President Museveni said the continent’s growing population and improving health outcomes present unprecedented economic opportunities. He reiterated that while Uganda has abundant raw materials, it seeks capital, technology, and knowledge partnerships to add value and expand production.

The UK delegation commended Uganda’s long-standing peace and stability, reaffirming strong bilateral ties.

The UK has invested over £1.3 billion in Uganda, with an additional £1 billion in the pipeline. New initiatives under the Ambition for Ten-fold Growth Strategy include support for agricultural exports, power transmission infrastructure, and nationwide solar-powered irrigation systems.

The British Chamber of Commerce Uganda was recognized for promoting trade and investment linkages, now comprising 59 members across 17 sectors and employing more than 21,000 Ugandans.

The SACCI delegation expressed readiness to facilitate joint ventures in manufacturing, agro-processing, pharmaceuticals, renewable energy, ICT, logistics, tourism infrastructure, and youth skills development, while mobilizing Indian manufacturing networks and engaging UK capital markets.

The three parties agreed to develop a formal tripartite framework to fast-track trade and investment collaboration.

The delegation, which has spent a week in Uganda, also held engagements with the Rt. Hon. Prime Minister, senior officials from the Ministry of Finance, Planning and Economic Development, and leaders in key productive sectors.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticlePEARL BANK,JCRC TO BUILD BONE MARROW CENTRE
Next Article MAKERERE UNIVERSITY SECURES $162 MILLION FOR  UPGRADE
felix@elixnews.co.ug

Related Posts

US CUT ON SOUTH AFRICA’S HIV AIDS RESPONSE TO COST LIVES,WINNIE BYANYIMA

June 23, 2026

CENTENARY BANK UNVEILS ALL IN ONE GONZA DIGITAL WALLET

June 23, 2026

LEGISLATORS EXTEND ZIMBABWE’S PRESIDENTIAL TERMS

June 20, 2026

ADB APPROVES $155M FOR ARUA AIRPORT REHABILITATION

June 19, 2026
Leave A Reply Cancel Reply

Our Picks

MOBILISE THE PUBLIC FOR NATIONAL CENSUS, MPS TOLD

April 16, 2024

UGANDA SET TO LAUNCH NEW WASTE MANAGEMENT SYSTEM

August 10, 2025

JUDGE NRM BY ITS VISIBLE CONTRIBUTIONS,MUSEVENI

November 26, 2025

MUSEVENI SAYS HE WILL AMEND LAND LAW

June 11, 2025
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Breaking news

US CUT ON SOUTH AFRICA’S HIV AIDS RESPONSE TO COST LIVES,WINNIE BYANYIMA

By felix@elixnews.co.ugJune 23, 20260

The US decision to withdraw all of its HIV and Aids funding from South Africa…

MUNGU FENI WINS PERSONALITIES AWARD

June 23, 2026

NWSC UNVEILS 14BILLION HOIMA CITY WATER PROJECT

June 23, 2026

COURT DENIES ERIAS LUKWAGO BAIL OUT

June 23, 2026
About Us
About Us

Elix News is your source for trusted news, anytime. Browse topics from Entertainment to Politics to Sports, we cover it all!

Our Picks

US CUT ON SOUTH AFRICA’S HIV AIDS RESPONSE TO COST LIVES,WINNIE BYANYIMA

June 23, 2026

MUNGU FENI WINS PERSONALITIES AWARD

June 23, 2026

NWSC UNVEILS 14BILLION HOIMA CITY WATER PROJECT

June 23, 2026
Facebook X (Twitter) Instagram Pinterest
  • Home
  • Breaking news
  • Featured
  • Business
  • Entertainment
© 2026 Elix News. Designed by Goph Technologies.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.
I have disabled my ad blocker

Sign In or Register

Welcome Back!

Login to your account below.

Google Icon
GitHub Icon
LinkedIn Icon
X Icon
Lost password?