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Ugandans in the diaspora told to invest in agriculture

By Henry Sekanjako

Added 8th December 2019 06:33 PM

For technical support about agriculture and real estate investment, Ugandans in Canada have organised agriculture and real estate exhibition, aimed to facilitate an exchange of information in modern farming, and real estate development.

Ugandans in the diaspora told to invest in agriculture

Solome Nanvule, the organiser of the exhibition. Courtesy photo

For technical support about agriculture and real estate investment, Ugandans in Canada have organised agriculture and real estate exhibition, aimed to facilitate an exchange of information in modern farming, and real estate development.

DIASPORA      AGRICULTURE 

KAMPALA - Ugandans living and working in the diaspora have been advised to invest back home through agriculture and real estate for self-economic empowerment and development of Uganda.

For technical support about agriculture and real estate investment, Ugandans in Canada have organised agriculture and real estate exhibition, aimed to facilitate an exchange of information in modern farming, and real estate development.

The exhibition under the theme boosting agriculture and real estate through social corporate responsibility is set for April next year, and it will take place in Toronto, Canada.

It is expected to attract agriculture and real estate experts from Uganda and across the globe.

Famed for his expertise in modern farming, CEO FACOM Patrick Iga, the keynote speaker, will equip Ugandans in the diaspora with best farming practices and the benefits of farming. Iga who was voted Uganda's best farmer in 2014 will also elaborate on how to become a successful farmer.

"Investment in agriculture and real estate is the way to go for our people living and working abroad. At this exhibition, Ugandans will have a chance to interact with experts who will share with them skills on modern farming and real estate," Solome Nanvule, the organiser of the event told New Vision.

According to Nanvule, the agriculture and real estate conference which will be running starting April 9, to April 11will  bring together investors, agriculturalists, scientists, entrepreneurs, finances, real-estate gurus, bankers and business folks interested in building partnerships with different stakeholders in the North American.

To promote Uganda's agricultural produce to North America, Nanvule implored Ugandans dealing in agriculture to consider showcasing their products during the event, by signing up for exhibition stalls, which will cost $500 (sh1.8m) and registration going for $250 (Sh900,000).

"Ugandans should come and showcase our Ugandan food. It is an opportunity for us as a country to promote our organic food and also to attract investors to invest in Uganda's agriculture sector," Nanvule explained adding that registration is underway in Canada and at Post Bank head office, Nkuruma Road in Uganda.

Yosamu Ssemugooma, a Ugandan tree farmer, is one of the Ugandans that will showcase at the conference.

Ssemugooma, who has been in the tree planting business for the past 13 years, noted that Ugandans in the diaspora can invest in areas such as tree planting which have high returns and don't require daily supervision.

"For tree planting, you invest in less and get alot of money, for a tree which you buy Sh500; you end up getting more than sh100,000 on the harvest. It is a good investment," Ssemugooma said.

The exhibition will focus mainly on introducing modern technology of farming to farmers living in Uganda, encouraging people living in the Diaspora to invest in modern farming in Uganda as well as Canada. 

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