Uganda has positioned itself as a leading investment destination in Africa, inviting Australian investors to capitalize on the country’s expanding economy and investor-friendly environment.
Speaking at the 60th anniversary celebrations of diplomatic relations between Uganda and Australia held in Kampala on Sunday, Minister of State for Privatization and Investment, Evelyn Anite, highlighted the strength and maturity of the bilateral relationship, which is now evolving toward investment-led cooperation.
“You can’t celebrate 60 years if the foundation is weak. Uganda and Australia built a very strong foundation, and that is why we are still and will continue beyond 60 years,” Anite said, emphasizing the historic ties as a platform for commercial engagement.
The event brought together government officials, diplomats, entrepreneurs, civil society representatives, and development partners, reflecting on historical relations, reinforcing development cooperation, and renewing commitments to trade and investment.
Anite underscored Uganda’s economic credentials, noting a 7 percent growth rate, political stability, and a young, skilled workforce as key factors making the country an attractive investment destination.
“Our economy is growing at a rate of 7 percent. There is no economy in the whole of East Africa that is growing at this rate, and we are the most peaceful in the entire region,” she said.
She also assured Australian businesses of government support, stating, “We will support your businesses, buy your products, and provide peace and security for investment. Export your rich people here; we want them to come and join us in building our economy.”
Australia’s High Commissioner to Uganda, Jenny Da Rin, reaffirmed the enduring partnership, noting shared values, historical ties, and mutual aspirations for peace and prosperity. She observed that Australian companies are increasingly investing in sectors such as mining, tourism, agriculture, and engineering services.
During the ceremony, David Mpanga was appointed as the new Honorary Consul of Australia in Uganda. Mpanga pledged to further strengthen economic, cultural, and political cooperation between the two countries, building on the legacy of his predecessor, Patrick Bitature.
“I take up this role at a time when bilateral relations have matured. My commitment is to deepen it further for the mutual benefit of our people,” Mpanga said.
The celebrations underscored Uganda’s shift from traditional diplomacy to “commercial diplomacy,” reflecting its ambition to attract strategic international partnerships and practical engagement in business, trade, and investment.
