Africa-Press – Uganda. Prime Minister Robinah Nabbanja, and the Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema have held high-level meetings with a delegation of investors from the United States and India.
The engagements, held at SHIPU offices and later at the Office of the Prime Minister in Kampala, focused on strengthening trade and investment relations between Uganda and the visiting investors.
The delegation represented sectors including agriculture, technology, housing, and finance.
Welcoming the group on behalf of President Museveni, Prime Minister Nabbanja assured them that Uganda was the right choice for investment.
She noted that Uganda is gifted by nature, peaceful, and very favorable for investment, adding that an agency in Dubai had named Uganda the most attractive investment destination.
She highlighted government incentives such as a 10-year tax holiday, tax-free importation of machinery for local production, and profit repatriation rights.
The Prime Minister also pointed to Uganda’s youthful and energetic labor force, a growing regional market of 1.5 billion people in Africa, and strong opportunities in coffee value addition, tourism, IT, automobile manufacturing, and pharmaceuticals.“Our economy is on the move. Uganda ranks among the fastest-growing economies globally, with improved infrastructure, electricity supply, and lower business costs,” she said.
She further directed the Uganda Investment Authority (UIA) to ensure the investors are fully facilitated and operational within three months.
Col. Nakalema assured the delegation of government’s commitment to protecting investors, explaining that SHIPU was established in 2023 under Article 99(4) of the Constitution to resolve investor concerns expeditiously.
She underscored the role of private sector–led investment in achieving sustainable development, GDP growth, and expanded tax bases.According to her, SHIPU’s mandate is to safeguard every investment through mechanisms like the Electronic Investors Protection Portal, which provides authentic guidance, reporting tools, and enforcement support.
She reminded the delegation that Uganda has consistently been recognized internationally as one of Africa’s top investment destinations, and emphasized that SHIPU exists to ensure investor success.
Dr. J.A. Chowdary, Chair of the Blockchain Committee at the Bureau of Indian Standards and head of the delegation, pledged to deploy an AI-powered traffic management system customized for Uganda, pro bono to the government.
He further committed to mobilizing global investors to Uganda through his extensive networks and revealed plans to host a Global AI Conference in Uganda in 2026 that will bring together 300 of the world’s leading AI experts.Other investors expressed similar commitments. Dr. Siva Mahesh Tangutooru, Co-founder of IndBhoomi Agro Products, Africa, pledged over USD 200 million in agro-industrial ventures that will create jobs for Ugandans.
Mr. Ravi Daparthi, Co-founder and Global CTO of Signitives, USA, expressed readiness to invest in advanced ICT systems to support efficient public service delivery.
Mr. Sri Atluri, President and CEO of the Quality Engineering Foundation in the USA, reaffirmed excitement to support Uganda’s economic development. Meanwhile, Mr. Krishan Charan Singh, CEO of an essential oils processing plant in Uganda, revealed that his firm is already cultivating 1,000 acres of lemon grass for commercial processing.
UIA’s representative, Mr. Peter Muramira, assured the investors of expedited facilitation and full government support to help them actualize their projects.
The meeting was also attended by former Attorney General Fred Ruhindi, former Ethics and Integrity Minister Dr. Nsaba Buturo, Mr. Daniel Nsaba Buturo of Gateway Uganda, and officials from the Uganda Investment Authority, URSB, and NITA-U.
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