Uganda: Museveni Woos Egyptian Investors to Fund Uganda's Infrastructure, Value Addition

What the report says

President Yoweri Museveni has urged Egyptian investors to consider projects in Uganda’s infrastructure sector, manufacturing and value addition, according to a report by Nile Post distributed through AllAfrica. The meeting took place at State House, Entebbe, where Museveni spoke with a visiting Egyptian delegation led by Uganda’s deputy ambassador to Egypt, Lt. Gen. Charles Angina.

Museveni said Uganda wants more investment in areas that support industrial growth, including power generation, electricity networks, rail transport, irrigation and toll roads. He argued that lower-cost, reliable infrastructure is needed for Uganda to turn agricultural produce, minerals and forest resources into finished goods that can compete more effectively in regional and global markets. The president also said the government is open to both public and private participation in these projects.

The report says Museveni welcomed a proposal for an agreement covering one or two strategic projects and supported an industrial park idea that would house factories for coffee and cotton processing. He said the government would help identify land for the project, which would fit Uganda’s broader goal of adding value to raw materials rather than exporting them largely unprocessed.

An Egyptian investor in the delegation, Eng. Moustafa Saad Soliman Elsayed Ahamed, thanked Museveni for what he described as a stable investment environment and said the group was interested in roads, railways, water and electricity. The exchange reflects ongoing efforts to deepen Uganda-Egypt economic ties through infrastructure and industrial partnerships.