Business

UIA launches Acholi investment profile to spur regional growth

The profile was initiated by the chief coordinator of OWC, retired Gen. Caleb Akandwanaho, commonly known as Salim Saleh, following consultations with leaders from across Acholi. It maps out the investment potential of each district, providing investors with information on viable opportunities within the region.

Acholi leaders: RDC, CAO and LC5 pose for a group photo with staff of UIA and OWC after the launch of Acholi investment profile. (Photo by Jackson Kitara)
By: Jackson Kitara, Journalist @New Vision

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The Uganda Investment Authority (UIA), in partnership with Operation Wealth Creation (OWC), has launched the Acholi Investment Profile, a strategic document designed to unlock investment opportunities and accelerate economic transformation across the sub-region.

The profile was initiated by the chief coordinator of OWC, retired Gen. Caleb Akandwanaho, commonly known as Salim Saleh, following consultations with leaders from across Acholi. It maps out the investment potential of each district, providing investors with information on viable opportunities within the region.

Speaking during the launch at Acholi Inn in Gulu city on June 8, 2026, UIA director of domestic investment Richard Nuwagaba said Acholi is emerging as one of Uganda's most promising investment destinations.

He noted that the region offers significant opportunities in agriculture, agro-processing, commercial farming, tourism, mineral development and value-added manufacturing.

Richard Nuwengesiga, the director of domestic investment, UIA, signing during the launch of the Acholi investment profile. (Photo by Jackson Kitara)

Richard Nuwengesiga, the director of domestic investment, UIA, signing during the launch of the Acholi investment profile. (Photo by Jackson Kitara)



Nuwagaba said the Acholi Investment Profile identifies flagship projects capable of unlocking the region's full economic potential. He added that each project had been assessed for commercial viability, social impact and alignment with the National Development Plan IV and the government's tenfold growth strategy aimed at promoting industrialisation, job creation and exports.

“The region has fertile land, a youthful labour force, strategic location and access to regional and international markets which makes the region highly attractive to investment,” he said.

Kenneth Oketa, team leader at the Information Management Centre of OWC, said teams traversed all eight districts and Gulu city to collect and validate data before compiling the profile.

He highlighted investment opportunities in commercial agriculture, mineral exploration, healthcare services, beef and dairy production, real estate, tourism, shea nut processing, education, ICT, banking and animal feed production, among other sectors.

Amuru RDC, Osborn Geoffrey Oceng (second in coat) and James Nabinson Kidega, RDC Agago, checking the Acholi investment profile book as Deputy Chief Coordinator of Operation Wealth Creation (OWC), Brigadier General Godfrey Muwanguzi, looks on. (Photo by Jackson Kitara)

Amuru RDC, Osborn Geoffrey Oceng (second in coat) and James Nabinson Kidega, RDC Agago, checking the Acholi investment profile book as Deputy Chief Coordinator of Operation Wealth Creation (OWC), Brigadier General Godfrey Muwanguzi, looks on. (Photo by Jackson Kitara)



Deputy chief coordinator of Operation Wealth Creation, Brig. Gen. Godfrey Muwanguzi urged civil servants to use the investment profile as a practical guide when engaging prospective investors seeking credible information about the region.

He said the profile, if effectively utilised, would help local communities benefit from increased investment through job creation, industrial growth and improved household incomes.
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UIA
Acholi
Investment
Wealth