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President Museveni of Uganda on Monday engaged in a fruitful discussion with a prominent leader from the United Arab Emirates (UAE) Sheikh Mohammed bin Zayed Al Nahyan regarding the potential for investment in various sectors.
This meeting, focused on bolstering economic cooperation between the two nations, highlighted the shared commitment to fostering mutual growth and development.
During the meeting, President Museveni and the UAE leader exchanged views on a range of investment prospects. Both parties expressed enthusiasm about exploring opportunities in key sectors such as infrastructure development, energy, agriculture, tourism, and technology.
However recognizing the immense potential in these areas, the leaders emphasized the significance of collaboration and partnership in harnessing the benefits for their respective countries.
The discussion underscored the UAE’s keen interest in investing in Uganda’s infrastructure, particularly in transport and energy projects.
The leaders recognized the importance of well-developed infrastructure in driving economic growth and pledged to work together to enhance connectivity and improve transportation networks within Uganda.
Furthermore, they emphasized the need to explore sustainable energy solutions to meet Uganda’s growing power demands while promoting environmentally friendly practices.
Agriculture emerged as another promising sector for investment collaboration. Both leaders acknowledged Uganda’s vast agricultural potential and the UAE’s expertise in agro-processing and value addition.
They discussed opportunities for joint ventures, knowledge exchange, and technology transfer to enhance Uganda’s agricultural productivity and boost exports to international markets. The tourism sector was also a focal point of discussion.
Recognizing Uganda’s rich natural beauty and diverse wildlife, the leaders explored avenues for promoting Uganda as a preferred tourist destination.
They discussed the possibility of UAE investments in hospitality infrastructure and initiatives to enhance tourism-related services, including marketing campaigns and capacity building.
Additionally, the leaders highlighted the importance of technology and innovation in driving economic growth. They emphasized the need to foster collaboration in areas such as information technology, e-commerce, and digital transformation, which would contribute to job creation and enhance Uganda’s competitiveness in the global economy.
This meeting between President Museveni and the UAE leader signifies a significant step toward strengthening economic ties and expanding investment opportunities between Uganda and the UAE.
By leveraging each other’s strengths and resources, both nations aim to achieve sustainable development, create employment opportunities, and improve the quality of life for their citizens.
The discussion highlighted the shared commitment of President Museveni and the UAE leader to explore and capitalize on investment prospects across various sectors.
This collaborative approach sets the stage for enhanced economic cooperation, contributing to the growth and prosperity of both Uganda and the UAE.
Check also;
- Indian Investors Announce 250 Scholarships For Ugandan Students
- Museveni Attracts Turkish Investors To Uganda
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
