Uganda has appealed to Australian investors to take advantage of its fast expanding economy as the two countries celebrate 60 years of diplomatic relations.
Speaking during the anniversary events in Kampala, the Minister of State for Privatisation and Investment, Evelyn Anite said Uganda’s strong economic performance and stable investment environment present major openings for Australian businesses seeking growth in Africa.
She noted that Uganda’s shift toward commercial diplomacy aims to turn long standing political relations into concrete business partnerships. Key investment areas highlighted for Australian companies include mining, agriculture, tourism, infrastructure development, value addition and renewable energy.
Australia’s High Commissioner to Uganda, Jenny Da Rin, acknowledged the progress made over the decades, pointing out that Australian organisations have steadily increased their involvement in Uganda’s mineral sector, agricultural research, education and vocational training.
The commemoration also featured an exhibition and public dialogue at Makerere University under the theme “Australia–Uganda at 60: A Legacy of Partnerships and a Shared Vision.” Discussions focused on strengthening future cooperation through technology transfer, investment promotion and private-sector partnerships.
Officials emphasised that Uganda’s young labour force strategic market access through EAC and COMESA, and ongoing improvements to its investment climate make it an attractive destination for Australian capital.
As both nations reflect on six decades of friendship, Uganda’s message to Australian investors is clear the next 60 years must be defined by deeper trade, joint ventures and business growth.