Uganda's 2026/27 Budget Prioritizes Agro-Industrialization, Tourism, and Technology

The Ugandan government is set to channel substantial investment into several critical sectors as outlined in the 2026/27 National Budget, aiming to spur economic growth and create new opportunities. The Agro-Industrialisation program stands out, receiving an unprecedented Shs 2.26 trillion. This funding will support a range of initiatives including agricultural research and innovation, with specific attention to commercializing products like an anti-tick vaccine. Irrigation, improved extension services, quality inputs, and enhanced post-harvest handling are also key focus areas, alongside promoting agro-processing and expanding market access.

The tourism sector is slated for Shs 567.32 billion to foster its development. Investment will target branding Uganda as a prime destination, improving tourism infrastructure, and enhancing hospitality standards through training and enforcement. Efforts will also be directed towards conservation and wildlife protection to boost wildlife populations in national parks, as well as promoting health tourism and leveraging economic diplomacy.

For the minerals, oil, and gas sector, Shs 473.51 billion has been allocated. This budget line prioritizes continued mineral exploration and quantification, bolstering the Uganda National Mining Company, and establishing mineral markets. Significant focus will also be placed on the operationalization of the East African Crude Oil Pipeline (EACOP) and the development of an oil refinery.

Furthermore, Shs 1.140 trillion is dedicated to Science, Technology, and Innovation (STI), encompassing ICT and the creative industries. Key priorities include commercializing innovations such as Kiira Motors vehicles and locally produced pharmaceuticals and vaccines. The establishment of a Hi-Tech City, increased investment in research and development, and expansion of digital infrastructure for better internet access and e-commerce are also on the agenda. The growth of Business Process Outsourcing (BPO) is also a targeted area for job creation.

Source: Uganda Investment Authority (https://ugandainvest.go.ug/top-investment-priorities-in-ugandas-national-budget-for-financial-year-2026-27)