India - Uganda Business and Cultural Council

Uganda, located in East Africa, is renowned for its diverse wildlife and stunning landscapes, including Lake Victoria and the Bwindi Impenetrable Forest. It is a landlocked country with a growing economy, rich cultural heritage, and vibrant agricultural sector.

Ambassador and Consul General

Global India Business Forum presented an Honorary Membership to H.E. Prof. Joyce Kakuramatsi Kikafunda, High Commissioner of Uganda to India. The GIBF team had a fruitful discussion on collaborating for different business opportunities and trade between the two countries. Dr. Jitendra Joshi, Founder and Global President of GIBF, and Deepali Gadkari, Co-Founder and Secretary General, attended the meeting.

Agricultural products, including coffee, tea and flowers.

machinery, vehicles, petroleum products and pharmaceuticals.

About Uganda

ABOUT Uganda

Uganda, situated in East Africa, is a landlocked country known for its diverse landscapes, which include savannahs, mountains, and lakes. It is bordered by Kenya to the east, Tanzania to the south, Rwanda to the southwest, the Democratic Republic of the Congo to the west, and South Sudan to the north. The country’s most notable geographic feature is Lake Victoria, the largest lake in Africa, which forms part of its southern border.
Uganda is famed for its rich biodiversity, home to a variety of wildlife including mountain gorillas, elephants, and numerous bird species. The Bwindi Impenetrable National Park and Queen Elizabeth National Park are key attractions for ecotourism. The nation has a predominantly agricultural economy, with coffee, tea, and bananas as major exports. Despite its challenges, including economic disparities and political issues, Uganda is making strides in development, with improvements in infrastructure and education.
The capital city, Kampala, is the cultural and economic heart of the country. Uganda’s people are known for their hospitality and vibrant cultural traditions, including music, dance, and festivals.

Business Opportunities in Uganda

BUSINESS OPPORTUNITIES IN Uganda

Uganda offers diverse business opportunities across various sectors. Its growing economy, strategic location in East Africa, and abundant natural resources present attractive prospects for investors. Agriculture is a key area, with opportunities in commercial farming, agro-processing, and export of crops like coffee, tea, and maize.
The country’s burgeoning infrastructure needs create openings in construction and real estate, including housing and commercial developments. The energy sector, particularly renewable energy projects such as solar and hydroelectric power, is also ripe for investment, given the government's push for sustainable energy solutions.
Tourism, boosted by Uganda's wildlife and natural beauty, presents opportunities in eco-tourism, lodges, and travel services. The technology sector is expanding, with potential in digital services, fintech, and mobile applications.
Additionally, Uganda’s consumer market is growing, opening doors in retail and manufacturing. The government offers various incentives for foreign investment, including tax breaks and simplified business registration processes. With its favorable investment climate and improving infrastructure, Uganda is increasingly seen as a promising destination for business ventures.

Exports and Imports In Uganda

In 2022, Uganda was the number 92 economy in the world in terms of GDP (current US$), the number 135 in total exports, the number 147 in total imports, the number 170 economy in terms of GDP per capita (current US$) and the number 105 most complex economy according to the Economic Complexity Index (ECI).

Top Exports of Uganda

The top exports of Uganda are Gold ($1.92B), Coffee ($753M), Fish: dried, salted, smoked or in brine ($69.5M), Raw Sugar ($61.7M), and Cocoa Beans ($60M), exporting mostly to United Arab Emirates ($1.22B), India ($464M), Hong Kong ($350M), Kenya ($312M), and Italy ($265M).

Top Imports of Uganda

The top imports of Uganda are Vaccines, blood, antisera, toxins and cultures ($235M), Packaged Medicaments ($230M), Cars ($139M), Motorcycles and cycles ($115M), and Broadcasting Equipment ($112M), importing mostly from China ($1.08B), Kenya ($677M), India ($594M), United Arab Emirates ($305M), and Tanzania ($264M).

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