Uganda and France Forge Strategic Partnership for Sustainable Growth
By The Public Lens
President Yoweri Museveni recently welcomed a delegation of 17 French business leaders to State House Entebbe, led by H.E. Celine Gouveia, President of the France-East Africa Business Council, on Tuesday, 29 October 2024.
The meeting aimed to strengthen economic ties between Uganda and France, focusing on key sectors such as energy, agriculture, infrastructure, and technology.
President Museveni emphasized the importance of establishing robust economic relationships, stating, “Our goal is to create relationships that not only benefit our nations but also empower our communities.”
In the agricultural sector, discussions centered on enhancing productivity and market access. Museveni highlighted the potential for growth, saying, “By improving our agricultural practices and infrastructure, we can ensure food security and economic stability for our people.”
Museveni also stressed the importance of long-term partnerships, asserting, “We are not just looking for short-term gains; we are laying the groundwork for a lasting partnership that will benefit generations to come.”
The France-East Africa Business Council represents the largest foreign investor group in Uganda, with French companies contributing an impressive 53% of the country’s foreign investment as of 2023.
This strategic partnership is poised to drive progress and prosperity for both nations, reflecting a promising future for Uganda and France.
As President Museveni continues to attract foreign investment, Uganda’s economy is expected to grow, with the President aiming to increase the economy to USD500 billion ¹.
