Uganda has identified more than 58 categories of minerals, including gold, rare earth elements, iron ore, phosphates, graphite, cobalt, copper, lithium, coltan, limestone and marble.

The investigation has also uncovered meetings that were allegedly scheduled in Germany, which detectives believe were intended to buy time while reinforcing the impression that the transaction was genuine.

"The prosperity of any nation begins with markets. Uganda Connect International Buyers Week is our deliberate strategy to bring verified international buyers to Uganda, allowing them to experience our products, meet our producers, and build a long-term commercial relationship. We are moving away from speculative trade towards demand that creates sustainable jobs, attracts investment and grows household income,” Rwabwogo said.

The President assured investors that Uganda has adequate raw materials to sustain the factory, noting that the challenge lies in organising farmers and connecting them to dependable markets rather than increasing production.

President Museveni reaffirmed the government’s stance on value addition, stressing that Uganda remains focused on ending the export of unprocessed minerals in order to create jobs, spur industrial growth, and increase domestic revenue generation.

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