Economy

Uganda is the best investment destination in East Africa

Submitted by on Wed, 09/13/2023 - 17:13

Uganda won a gold medal during the 12th edition of the Global Annual Investment Meeting (AIM) 2023, in recognition of the country’s ability to attract Foreign Direct Investment. The event was held in May 2023 and attracted 170 participating countries under the theme “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity and Prosperity.”  This was due to relentless efforts in encouraging continuity of trade and manufacturing amidst the turbulent time of the Covid pandemic. Rwanda was runner-up.


Ministry of Health receives Ambulances from Government of Japan

Submitted by on Fri, 09/01/2023 - 00:10

On 14th July 2023, Ministry of Health received 25 type B ambulances from the Government of Japan to improve emergency response to patients with life threatening medical conditions at the community level. The ambulances will be distributed to 25 constituencies in the country. The donation is part of Japan’s aid for social and economic programs, aimed at addressing Healthcare needs through the provision of medical care equipment and helping to strengthen the public health & medical system.


Integrated National Financing Framework (INFF) launched

Submitted by on Thu, 08/31/2023 - 19:02

Ministry of Finance, Planning and Economic Development launched the integrated National Financing Framework (INFF) and publicized the public investment financing Strategy (PIFS). The INFF is aimed at helping countries to overcome existing obstacles to finance their development needs-sustainable financing for national development plans at country level.


Government of Uganda establishes a Climate Finance Unit (CFU)

Submitted by on Thu, 08/31/2023 - 19:01

Government of Uganda set up the Climate Finance Unit (CFU) under the Ministry of Finance, Planning and Economic Development (MoFPED), with funding from the United Kingdom-Foreign, Commonwealth and Development Office (FCDO) through the Global Green Growth Institute (GGGI). The CFU seeks to enhance the mobilization of climate financing in line with MoFPED’s mandate of mobilizing resources to finance Government Development priorities.


United States Launches New Project to Help Reduce Corruption in Uganda

Submitted by on Thu, 08/31/2023 - 18:59

To reinforce the operations to refine the Government of Uganda’s accountability to its citizens and shrink corruption hindering economic growth and development, the United States Mission in Uganda, through the U.S. Agency for International Development (USAID) on 5th May 2022, launched the Strengthening Systems and Public Accountability Project.


United States Launches New Project to Help Reduce Corruption in Uganda

Submitted by on Thu, 08/31/2023 - 18:56

To reinforce the operations to refine the Government of Uganda’s accountability to its citizens and shrink corruption hindering economic growth and development, the United States Mission in Uganda, through the U.S. Agency for International Development (USAID) on 5th May 2022, launched the Strengthening Systems and Public Accountability Project.


Ministry of Health receives Ambulances from Government of Japan

Submitted by on Tue, 08/15/2023 - 12:45

On 14th July 2023, Ministry of Health received 25 type B ambulances from the Government of Japan to improve emergency response to patients with life threatening medical conditions at the community level. The ambulances will be distributed to 25 constituencies in the country. The donation is part of Japan’s aid for social and economic programs, aimed at addressing Healthcare needs through the provision of medical care equipment and helping to strengthen the public health & medical system.


Uganda’s updated Nationally Determined Contribution.

Submitted by on Tue, 06/20/2023 - 23:01

Climate change is one of the biggest global focus areas at the moment and Uganda has jumped onto the wagon too to mitigate the effects. In fulfilment of the Paris Agreement (signed in October 2015), Uganda has launched its updated Nationally Determined Contribution (NDC) with our priority response being adaptation and increasing resilience in communities and ecosystems. The new adaptation component covers 13 sectors. The key adaptation sectors include agriculture, water, forestry and ecosystem. Other significant sectors are transport, energy, mining, cities and built environment.


Government of Uganda Unveils Polycarbonate Electronic Passports.

Submitted by on Sun, 06/11/2023 - 21:06

In March 2023, government of Uganda through the Directorate of Citizen and Immigration Control (DCIC) unveiled polycarbonate electronic passports as a replacement of previous paper-based e-passportswith a focus of increasing travel efficiency and security. The polycarbonate electronic passports will be of higher quality and durability, as well as better data protection and lower risk of damage.


Launch of the Local Climate Adaptive Living (LoCAL) Facility

Submitted by on Fri, 03/03/2023 - 03:40

In May 2022, the Local Climate Adaptive Living Local Facility was launched in Uganda. Four districts were piloted namely, Kasese, Nwoya, Nebbi and Zombo. The facility is currently being implemented in 32 countries across Africa, Asia, the Caribbean and the Pacific. The facility is aimed at integrating climate change adaptation in development plans and budgets at Local Government level and channeling of increased climate financing for climate smart investments.

To access the detailed report on the Local Facility, follow the link:


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