President Yoweri Museveni will meet global investors and project developers at the first Global African Investment Summit in London in October.
The summit is intended to present investors with viable projects that could be undertaken on the continent. Museveni is expected to sell Uganda to representatives of large asset managers and pension funds who are looking for investment openings in the country.
“The aim is to catalyse investment into Africa through a trusted forum that focuses on real opportunities,” Paul Sinclair, the director of the Global African Investment summit, said in a press statement.
“If you want to attract the world’s best investors you have to profile your country on the world stage. London, as a global financial hub, presents the perfect location for African governments to meet and discuss with investors from across the globe.”
Uganda has key areas that need investors, including the oil and gas sector, education, and power generation. The presidents of Rwanda, Tanzania, Ghana, are expected to attend the summit.
Source : The Observer