For the last two financial years, global focus has been on COVID-19 and how to contain the spread of the rapidly mutating disease. Numerous natural, economic and intellectual resources have been spent to contain the spread and enable economic recovery.
This annual report focuses mainly on; Climate Change, Physical Infrastructure, Enhanced Trade Environment, and Improved Business Competitiveness. Specifically for Uganda, it analyses positions for economic growth despite COVID-19 challenges.
Uganda has enhanced trade through the Uganda Electronic Single Window (UESW), held bilateral negotiations and harmonised trade regulations with Kenya, decentralisation of UNBS testing, and Gulu Logistics Hub at over 80% completion rate, among others.
TMEA’s theory of change recognises that barriers to trade raise the cost of doing business, thus reducing demand for imports and exports within the region, and between regions and the world.