Thursday, 28th March 2024
To guardian.ng
Search

Western companies missing Ugandan investment chances – President Museveni

By Reuters
09 December 2021   |   5:40 am
Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, President Yoweri Museveni told Reuters, pledging to step up efforts to tackle corruption which has made slow progress. Museveni, in power since 1986 and one of Africa's longest-serving leaders, said Uganda was working to sign a number of deals with Chinese private sector lenders in sectors from agro- and fertilizer-processing, minerals processing or textiles.

 

0 Comments

Your email address will not be published. Required fields are marked *

Related

23 Mar
Figures from the National Bureau of Statistics (NBS) in Nigeria show that the country's general inflation rose to 31.70% in February, which represented an increase of 1.80% compared to teh date registered in January.
3 days ago
Day One Session Three of the Guardian Woman Festival Titled: Empowering Women: Financial Planning, Wealth Building And Investment Strategies .
3 days ago
Boeing's CEO will step down by the end of the year as part of a broader management shakeup at the company, which has been rocked by a series of safety mishaps in recent months.
2 days ago
Nigeria’s Monetary Policy Committee has commenced its second meeting of the year with analysts anticipating a tight monetary policy stance following February’s 400 basis points hike due to inflation risks. How’s the market bracing up for another rate hike?
2 hours ago
The final session of day One of the Guardian Woman Festival featured Anita Ibru and Natalie Torin, as well as Abiola Adediran. They spoke on navigating the sometimes turbulent waters of generational businesses.
2 hours ago
The Nigerian government says it is investigating the $2.4 billion foreign exchange allocations and forward contracts which the Central Bank of Nigeria flagged as ineligible. Tilewa Adebajo, the CEO of CFG Advisory, joins CNBC Africa for this discussion.