Uganda is stepping up efforts to attract high-value foreign investment, with the Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, urging United Kingdom investors to pursue serious, long-term partnerships in key sectors such as mining and energy.
Ggoobi made the appeal during a high-level Mining and Energy Luncheon held at the Palace of Westminster, specifically within the House of Lords, as part of ongoing engagements to position Uganda as a competitive investment destination.
The event was organised by the Uganda High Commission London in partnership with the Eastern Africa Association and the Westminster Africa Business Association, bringing together policymakers, investors, and business leaders.
Held under the theme “Opportunities for Growth & Investment,” the luncheon focused on unlocking Uganda’s potential in energy, mining, and broader economic sectors.
“Uganda stands at the intersection of resource abundance, policy reform, and rising global demand for energy transition materials,” Ggoobi said.
“We are not simply resource rich; we are investment ready,” he added, noting that the country has over 30 commercially viable minerals that present strong prospects for long-term investment.
He emphasised government’s commitment to creating a stable and enabling investment environment, calling on investors to align with Uganda’s development priorities while ensuring shared value.
Also addressing the gathering, Nimisha Madhvani highlighted Uganda’s growing appeal as an investment hub, citing macroeconomic stability, a youthful workforce, and a strategic regional position.
“Uganda today stands at an exciting point in its development journey… positioning itself as a gateway to the region,” she said.
The engagement reflects Uganda’s broader strategy to leverage its natural resources and policy reforms to attract credible partners and drive sustainable economic growth.
