The Uganda Investment Authority (UIA) has welcomed a Nigerian delegation from the National Institute for Policy and Strategic Studies (NIPSS), who are in Uganda to assess the country’s progress in the digital economy, youth empowerment, and sustainable job creation.
The delegation consists of civil service and private sector representatives.
During the visit at the UIA headquarters in Kololo on Thursday, July 11, 2024, the UIA’s Deputy Director General, Dr. Paul Kyalimpa, urged the 40-member delegation to consider investing in Uganda, highlighting the country’s favourable investment climate and the UIA’s role as a one-stop shop for investment services.
He emphasized that Uganda offers vast investment opportunities and generous incentives, making it the preferred investment destination.
The Acting Nigerian High Commissioner to Uganda, Fehintola Adebowale, stated that the delegation is on an African study tour focused on harnessing the digital economy, creating jobs for young people, and ensuring sustainable development.
He noted that Uganda and Nigeria have a lot in common, suggesting potential areas for collaboration and knowledge-sharing.
The head of the Nigerian delegation, Prof. Josephine Oluwafunmilayo (Funmi) Para-Mallam, expressed the delegation’s eagerness to learn from Uganda’s experiences.
“We’re here to learn from you because we believe in African discourses on the digital economy, infra-African trade, and the future of the continent,” Prof. Oluwafunmilayo said.
UIA’s Investment Executive, Irene Sagala, urged the delegation to take advantage of the many investment and business opportunities available in Uganda, assuring them of the country’s vast investment opportunities and generous incentives, making it the preferred investment destination in Africa.
The visiting Nigerian delegation is in Uganda to learn from the country’s experiences in managing youth unemployment, with the aim of achieving similar progress in Nigeria by studying Uganda’s strategies and best practices, particularly in using ICT to generate employment opportunities for young people.
