Musasizi woos US investors with Uganda’s bold economic growth plan
During the opening on April 13, 2026, Musasizi said Uganda is not just an emerging market, but a strategic partner offering strong returns and long-term growth potential.
Uganda’s State Minister for Finance, Henry Musasizi, has made a direct appeal to American investors, positioning Uganda as a high-growth destination ripe with opportunity. (Courtesy photo)
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Uganda’s State Minister for Finance, Henry Musasizi, has made a direct appeal to American investors, positioning Uganda as a high-growth destination ripe with opportunity as he opened the second U.S.-Uganda Business and Investment Forum at the Ritz-Carlton Hotel in Washington, D.C.
During the opening on April 13, 2026, Musasizi said Uganda is not just an emerging market, but a strategic partner offering strong returns and long-term growth potential.
“Recent economic signals point to a lucrative deal for both you, the investors and our country,” he told delegates.
With Uganda’s ambitious target to grow its economy tenfold to $500 billion by 2040, Musasizi said this goal cannot be achieved without strong international partnerships, particularly with the United States.
The second U.S.-Uganda Business and Investment Forum at the Ritz-Carlton Hotel in Washington, D.C. (Courtesy photo)
“Uganda has a bold national goal: to grow the economy tenfold by 2040 and reach a GDP of $500 billion. We want partners in investment, trade, tourism, and technological upgrading to achieve this strategic goal,” he said.
The Uganda–United States Investment Forum, now in its second edition, is a strategic platform aimed at strengthening economic ties between Uganda and the United States by attracting American investment into key growth sectors.
Held in Washington, D.C., the forum brings together senior government officials, U.S. investors, and private sector leaders to explore business opportunities and partnerships.
It serves as a deal-making and policy engagement platform where Uganda showcases its economic performance, investment incentives, and priority sectors such as agro-industrialisation, energy, minerals, infrastructure, tourism, and technology.
The forum also features high-level presentations, sector pitches, and business-to-business meetings designed to convert investor interest into tangible projects.
It is part of Uganda’s broader strategy to grow its economy and position itself as a competitive investment destination in East Africa, while offering U.S. investors access to emerging market opportunities.
Musasizi repeatedly emphasised partnership, saying Uganda is open to foreign direct investment and technology transfer from U.S. firms.
He also reassured investors by highlighting Uganda’s economic resilience and consistency, which are key considerations for foreign capital.
He pointed to sustained GDP growth, expansion of private sector activity, and improved export performance as indicators that Uganda is a stable and promising investment destination.
“Private sector activity indicators have remained expansionary for consecutive months. Exports driven by coffee, gold, and industrial goods are on a strong upward trend. These metrics demonstrate that Uganda offers not just potential, but proven momentum,” he said.
In a clear effort to align with U.S. investor interests, Musasizi highlighted sectors with high returns and scalable opportunities such as agro-industrialisation, energy, minerals, tourism, and infrastructure.
“We have inexhaustible opportunities in agro-industrialisation, tourism, minerals and the entire extractive sector, science and technology, and in infrastructure development,” he said.
He also highlighted Uganda’s growing innovation ecosystem, particularly in fintech and agri-tech, as an entry point for American venture capital and technology firms.
“Venture and innovation ecosystems are emerging, especially in fintech and agri-tech,” Musasizi added.
He invited U.S. businesses to not only invest capital, but also bring expertise, technology, and innovation to Uganda’s development agenda.
“It is a pleasure to be here to discuss business, investment and opportunities that would make all of us more prosperous,” he said, reinforcing the theme of shared growth.
The minister described the forum as a gateway for concrete deals and deeper engagement between Ugandan and American businesses, with technical teams set to outline specific investment frameworks and incentives.