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Adani Group Explores Security,Agro-Investment Opportunities in Uganda

There was a mishap. Before they flew in, they were being coordinated by someone we are yet to track in our security system. He even lied that he would get them to meet the President

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The State House Investors Protection Unit has held discussions with executives from the Adani Group, one of India’s largest multinational conglomerates, over possible investments in Uganda’s defense, food security, and agro-processing sectors.

Col. Edith Nakalema, the head of the unit, confirmed on Tuesday that the delegation was led by Lt. Gen. (Rtd) Santosh Upadhya , the group’s Chief Executive in charge of strategic operations. The team arrived aboard a private jet along with other investors.

Adani Group operates in 55 countries and has an estimated investment portfolio valued at over USD 100 billion. Col. Nakalema described their interest as a significant opportunity for Uganda.

“General Santosh told us their main interest is to collaboratively coordinate and invest in the defense and national security of our country,” she said.

“They have been following the stability in Uganda and believe their investments will be safe and secure.”

According to Nakalema, the Chief of Defence Forces (CDF) is scheduled to meet the delegation to discuss potential areas of cooperation in enhancing defense capabilities, supply of strategic equipment, and development of related infrastructure.

However, Nakalema revealed that the delegation had initially been misled by an unidentified individual claiming to coordinate their meetings with senior government officials.

“There was a mishap. Before they flew in, they were being coordinated by someone we are yet to track in our security system. He even lied that he would get them to meet the President,” she said, noting that security agencies are now investigating the suspected fraudster.

Despite the incident, Nakalema said the visit remained productive.

The investors were taken through Uganda’s electronic investor protection system, designed to prevent fraud, ensure transparency and facilitate guided engagement with government agencies.

She added that the group is also exploring investment prospects in agro-processing, logistics, food security systems, and aerospace-related equipment supply.

“They are able to invest in any sector where their support is needed,” Nakalema emphasized.

The delegation is expected to remain in Uganda as further engagements with government and security leaders continue.

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