Turning Uganda’s growth into prosperity at the 5th annual Ugandan investment Forum – 12th September 2015
The Ugandan Convention UK (UCU), has become one of the year’s largest Ugandan focused investor events in London. The summit in partnership with Uganda Investment Authority has high level support from the Ugandan government and business leaders, the UK government and the Diaspora business community.
With the high profile speakers including Uganda Prime Minister, Queen of Buganda, Deputy Governor, Lords, ministers all presenting on a high-level plenary, UCU brings together leaders of business and high level government officials who are all actively seeking inward investment. Most importantly, business leaders, ministers and CEO’s of private and state owned companies will be presenting bankable projects in various sectors to delegates of banks and financial institutions, investors and financiers, multilateral organisations, trade associations, business consultants, agriculture/agribusiness, exporters and importers, manufacturers and franchisers, distributors, legal experts, credit and political risk insurers, real estate developers, EAC Diaspora and regional /local authorities, fund managers, private equity firms, institutional investors and corporate representatives.
Uganda continues to record remarkable economic growth. According to the World Bank, Uganda has endured a GDP growth of 6.6 in 2014, and is one of the 10 fastest growing economies in Africa.
There has been much transformation in governance and in the general political atmosphere, giving potential investors greater confidence. In terms of available investment opportunities, Uganda has abundant natural resources, discovery of oil and also, infrastructure development is continuously opening more doors for potential investors.
The sharp rise in the middles-class is creating a robust demand for consumer goods, more so in the Information and Communications Technology (ICT) industry. All these attributes and more, have and continue to place the country in the spotlight with regards to sustainable investments.
Investors will have the opportunity to engage in one-on-one meetings with high level government officials including the Prime Minister of Uganda to discuss potential projects and investment opportunities on how to use Uganda as a hub to access an expanding market of nearly 374m consumers from the EAC and SADC Markets.
Some of the benefits of East Africa to your business include:
1. Access to four markets with similar opportunities and strong UK ties
2. A region of fast expanding economies and growing liberalisation
3. A market with huge untapped potential and over 200 million people
4. The best strategic location for Africa, with Nairobi as a hub for East Africa and beyond
5. UKTI East Africa's excellent reputation with unrivalled access to public and private sector
Sponsors and exhibitors will also have a unique platform to enhance their corporate profile and expand their market by showcasing their brand, products and services to a large receptive audience of potential customers, investors and decision makers.
The Convention is renowned as having the highest level of both Ugandan and UK governmental and business speakers. This year, we will be addressing the essential need to know topics most prevalent to East Africa (Uganda), such as opportunities within a range of sectors that include the priority sectors; Agriculture/Horticulture, Construction/Infrastructure, Education, Environment, Financial Services, Healthcare, ICT, Mining, Oil & Gas, Power and Security.
Dr Ruhakana Rugunda, Prime Minister of the Republic of Uganda, will address the forum on what steps are policy makers taking to increase trade in Uganda and what the government is doing to reduce red tape and speed the flow of deals.
Eng. Dr. Frank B. Sebbowa, Executive Director of Uganda Investment Authority, will talk about unlocking Uganda’s investment potential, and share insights on investment updates and investment climate on the ground. He will touch on what makes Uganda so attractive to investors and lastly, will list the new sectors for investment that have high ROI
Mrs J.Semakula Musisi, Executive Director of Kampala Capital City Authority will update delegates on the transformation of Kampala and the various investment opportunities in the capital.
Dr. Louis Kasekende, Deputy Governor, Bank of Uganda will give an overview on capital markets in Uganda, exploring new instruments like Diaspora bonds, investing in Uganda’s sovereign debts, local & public bonds instruments, attracting investment – deepening Uganda’s capital markets, financing infrastructure and other development through capital markets and on capitalizing on Uganda equities – the M&A and IPO opportunities.
Ms Doris Akol, Commissioner General of Uganda revenue Authority will give an overview on tax regime, tax exemption and incentives.
Dr. Benon Mutambi, CEO of Electricity Regulatory Authority will make a presentation on powering Uganda, opportunities and financing options in Uganda’s power sector and highlights on feed-in tariffs, incentives and policies to attract solar developments . He will share an introduction to GET FiT Uganda Solar/PV component, current status, opportunities & targets for renewable (solar) energy generation in Uganda and what the government incentives are.
Her Royal Highness the Nnabagereka (Queen) Sylvia Nagginda, our Guest of Honour will give a keynote speech on the role of Ugandan women in sustainable economic development.
UCU is organised by The Promota events, a subsidiary of The Promota Group. The Promota Group specialises in ethnic marketing, magazine publication, events management, printing and design, web and multimedia design and private equity bridging in Africa.
The Promota Group was started by Willy Mutenza in 1998 with an objective of creating various platforms for Diasporans, investors promoting investment into Africa and creating a platform for Africans Diasporas and investors to share practical ideas to succeed in Africa. Publishes the Promota magazine, organises and manages the annual Ugandan Investment Convention.