Museveni: Invest here, British investors told

President Yoweri Museveni has said Uganda is a great investment destination in various sectors particularly that of Agro processing, inputs in agriculture such as fertilizers, agricultural machinery for hiring, tourism, financial services and infrastructure especially electricity and gas among others.

President Yoweri Museveni

The President was Tuesday speaking at a meeting he held with UK based entrepreneurs under their umbrella organization EXOTIX Limited.  EXOTIX Limited is a UK based company specializing in Investment Banking, Research, Equities, Fixed income and Infrastructure development among others.

It is a frontier market investment banking boutique specializing in illiquid bonds and loans, distressed or undervalued debt and equity, skills in raising structured finance or capital and alternative investments.

In a meeting that took place at State House Nakasero, the President and the investors discussed several business opportunities in the country. He invited the entrepreneurs to come and invest in Uganda saying that while European countries are facing credit crunch, African economies are growing at a high rate.

The managing Director –Global Head of Sales and Trading, Peter Bartlett said that their company is interested in investing in the country especially in the area of stock exchange, infrastructure private companies among others.

The meeting was attended by the minister of finance, planning and economic development, Maria Kiwanuka and Governor Bank of Uganda Emmanuel Mutebile among others.

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