economy 19 June 2026 Uganda Investment Authority
Uganda's FY2026/27 Budget Unveils New Investment Avenues, UIA Pledges Continued Support
The Uganda Investment Authority (UIA) has highlighted significant investment opportunities arising from the FY2026/27 National Budget, reaffirming Uganda's status as an attractive investment hub in Africa. The authority emphasized its commitment to supporting businesses at all stages. Source: https://ugandainvest.go.ug/fy2026-27-budget-opens-new-investment-opportunities-as-uia-reaffirms-support-for-investors
Uganda is poised for a surge in investment opportunities, fueled by the recently unveiled FY2026/27 National Budget and the government’s steadfast dedication to fostering private sector expansion. The Uganda Investment Authority (UIA) has underscored the nation’s appeal as a prime African investment destination during a post-budget dialogue.
The dialogue, themed “Unlocking Investment and Economic Opportunities in the FY2026/2027 National Budget,” convened key stakeholders including government officials, development partners, investors, and private sector representatives. The event aimed to dissect how the national budget can catalyze growth across Uganda’s priority sectors.
Peter Muramira, Director Investment Promotion and Business Development at UIA, noted that the budget signals a new era aligned with the government’s Tenfold Growth Strategy. Investments in critical areas such as commercial agriculture, industrialization, digital transformation, and infrastructure are laying a robust groundwork for sustained economic development and private enterprise.
Muramira emphasized Uganda’s strategic advantages, including its central East African location, investor-friendly policies, and access to regional and global markets. The FY2026/27 budget further entrenches this by enhancing support for tourism, industrialization, infrastructure, and the extractives sectors.
“UIA remains committed to supporting investors throughout their investment journey,” Muramira stated. “Through our One Stop Centre, we provide information, facilitate licenses and approvals, assist with project implementation, and offer aftercare services to help businesses establish, grow, and succeed in Uganda.”
Furthermore, upcoming milestones like “First Oil,” the AFCON 2027 tournament, and accelerated industrial growth are expected to unlock further prospects in tourism, manufacturing, infrastructure, extractives, technology, and services. UIA is ready to collaborate with investors to transform these prospects into successful ventures that generate jobs and contribute to Uganda’s socio-economic progress.
Representing the Ministry of Finance, Planning and Economic Development, Director Budget Hannington Ashaba highlighted Uganda’s economic resilience, projecting a 10.2 percent growth from the record UGX 84 trillion budget. The Civil Society Budget Advocacy Group (CSBAG) Executive Director, Julius Mukunda, described the budget as an “investment roadmap” for Uganda’s future, shifting focus to how stakeholders can leverage government investments for mutual benefit.
The dialogue concluded with a call for robust collaboration to ensure that budget allocations translate into tangible economic opportunities and inclusive growth for all Ugandans.