EAC regional trade maintained steady growth and is projected to continue on the same trajectory driven by accelerated trade, economic integration and global transformation (EAC Trade and Investment Report, 2023). Trade in services outperformed trade in merchandise goods driven by the recovery of tourism and travel-related services.
EAC regional trade maintained steady growth and is projected to continue on the same trajectory driven by accelerated trade, economic integration and global transformation (EAC Trade and Investment Report, 2023). Trade in services outperformed trade in merchandise goods driven by the recovery of tourism and travel-related services.
The National Development Plan III (NDP III) identified textiles, apparel, and fisheries as priority sectors for building a resilient, integrated, independent, and self-sufficient economy. However, the plan highlighted a significant gap in textile and fish yields between research stations and actual farms, primarily due to the use of an unskilled labour force in agricultural production.
Foreign private capital flows are an important source of financing for developing economies. It is therefore of paramount importance to understand the size, type, and direction of both inward and outward investments and design interventions to attract and retain foreign private capital.
This third series of the National Information Technology (IT) Survey by National Information Technology Authority-Uganda (NITA-U) delivers information on several IT sector indicators across Government Ministries, Departments and Agencies (MDAs); Local Governments (LGs); and households and individuals coupled with businesses. The report highlights performance on availability, access, usage, affordability and satisfaction with IT infrastructure, equipment and services across these groups.
Africa’s exports are heavily reliant on primary products in the agricultural, mineral and extractive sectors, making it one of the least diversified regions on the globe. Out of the 54 African countries, 45 are commodity-dependent (83%), indicating that each country’s share of primary commodity exports to total merchandise exports translates to over 60%. This dependency on commodities makes the continent vulnerable to fluctuations in global commodity prices thus hindering its potential for inclusive growth and development.
The Africa Risk-Reward Index (2023), ranked Uganda as the most attractive economy to invest in within the East African Community (EAC) and the third across the entire African continent. The report commends Uganda for interventions in improving the business environment which has made the country attractive for investors. The ranking is mainly attributed to Uganda’s macroeconomic stability; enhanced political stability; and infrastructure development.
Uganda was among the 32 countries that demanded strong rules to end plastic pollution in a survey conducted by WWF in partnership with Plastic Free Foundation.
Uganda scored above global average for all the eight global rules indicating that environmental and health impacts of plastic pollution is a highly visible issue to people nationwide and therefore driving high levels of public concern.
Between 2018 and 2023, Ugandan produced 12,330 metric tonnes of Polyethylene terephthalate (PET) that contributed to its manufacturing sector, and imported other plastic goods.
This third series of the National Information Technology (IT) Survey by National Information Technology Authority-Uganda (NITA-U) delivers information on several IT sector indicators across Government Ministries, Departments and Agencies (MDAs); Local Governments (LGs); and households and individuals coupled with businesses. The report highlights performance on availability, access, usage, affordability and satisfaction with IT infrastructure, equipment and services across these groups.
Africa’s exports are heavily reliant on primary products in the agricultural, mineral and extractive sectors, making it one of the least diversified regions on the globe. Out of the 54 African countries, 45 are commodity-dependent (83%), indicating that each country’s share of primary commodity exports to total merchandise exports translates to over 60%. This dependency on commodities makes the continent vulnerable to fluctuations in global commodity prices thus hindering its potential for inclusive growth and development.
