Date set: Uganda, DRC Investment and Market access Talks underway

Uganda’s Ministry of Finance, Planning and Economic Development, through Uganda Investment Authority (UIA), is organizing the first ever Uganda-Democratic Republic of Congo (DRC) Investment Promotion Summit and Market Access Expo slated for June 27th to 29th, 2022.

The Summit, under the theme “Uganda-DRC Investment Promotion and
Market Access”, will be held in the Congolese capital city of Kinshasa. UIA
is working with ACOPA-ONGd, the Congolese liaison entity that promotes
investment and cross-border business in eastern DRC.

The overall objective of the Summit and Expo is to promote and show case
investment opportunities, create networks and joint venture partnerships
aimed at enhancing investment and market access between Uganda and
Democratic Republic of Congo, as well as to promote products
manufactured in Uganda.

DRC and Uganda presidents walk together after a talk on bilateral agreements

Speaking on May 23, 2022 at a press conference on the Summit at Uganda
Media Centre, State Minister for Investment and Privatization, Hon. Evelyne
Anite, said: “We are going to the DRC not for fun but very serious business
of promoting investment and trade with Uganda. We are targeting five key
sectors, namely, manufacturing, agriculture and Agro-processing, services,
real estate and trade”.

Hon. Evelyne added that the joining of DRC into the EAC family, provides an opportunity to Ugandan investors to access new markets and opportunities for growth, the new EAC now offers a combined

At the 19th Summit of East African Heads of State held on June 29th, 2022, the DRC
was admitted into the EAC as the 7th Member State (joining Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda).

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About the Author: Muwanga Deo

I am a journalist by profession having worked with former Record Television in 2019 and a current affairs news writer since 2019 to-date

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