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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.

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