KAMPALA, August 26, 2025 – The Uganda National Chamber of Commerce and Industry (UNCCI) is exploring a strategic partnership with a United Arab Emirates-based investor to unlock new business opportunities across Uganda.
The collaboration was initiated during a high-level meeting held at the UNCCI headquarters in Kampala between a Chamber delegation, led by Vice President Stephen Kalibala, and representatives from Foodco National Foodstuff Company, a UAE-based enterprise headed by Khaled Mahmoud.
Khaled Mahmoud expressed strong interest in working with Ugandan counterparts in various sectors, particularly agro-industries, renewable energy, and vocational training. He noted that their visit was aimed at identifying investment potential and establishing sustainable partnerships.
“We are here to explore how we can invest and collaborate with Ugandan businesses. Sectors like agriculture, energy, and skills development present significant opportunities,” Mahmoud said.
UNCCI Vice President Kalibala welcomed the initiative, emphasizing the mutual benefits of deepening trade and investment ties between Uganda and the UAE.
“Uganda’s dynamic economy—rooted in agriculture, energy, and a growing service sector—offers an ideal environment for long-term investment. With our nationwide presence and a membership exceeding 5,000 businesses, UNCCI is ready to facilitate this collaboration,” Kalibala stated.
He highlighted key sectors of interest among UNCCI members, including finance, agriculture, and security, noting that facility management is a rising industry with increasing demand for professional services.
“There is great potential in training and capacity development in areas such as facility maintenance, risk management, and security operations,” he added.
Kalibala also underscored Uganda’s growing appetite for Islamic banking, suggesting it could serve as a viable alternative financing option, particularly in trade finance, project funding, and asset management.
As part of its support services, the Chamber also provides land acquisition facilitation, offering access to affordable and suitable land for agriculture and other investments. This includes conducting due diligence, location research, and district-level assessments to help investors make informed decisions.
This engagement marks another step in UNCCI’s broader mission to position Uganda as an attractive destination for global investment and foster sustainable economic development through international partnerships.