Uganda Gets Hot with a Steamy AfCFTA Investment Tease

Uganda and a big African trade group called AfCFTA met to talk about making money grow in Uganda. This trade group helps African countries buy and sell things with each other more easily.

The AfCFTA team came to Uganda to check how well their plans from last year are working. These plans were made in Accra, Ghana. They wanted to see if Uganda could turn good ideas into real ways to make money for its people.

Uganda has a special team called the Uganda Development Corporation, or UDC. The UDC helps start big projects that regular businesses might find hard to do on their own. They look for projects that need lots of money or might seem risky to normal companies.

The meeting lasted two days. Everyone agreed on several important things. They looked at what they promised to do in Accra and said they would keep those promises. The UDC showed ten big projects they wanted to build. They also decided to establish a new office in Uganda to help people trade with other African countries.

The teams want to hold a big meeting in Kampala, Uganda's main city. This meeting will bring many important people together to discuss investing in Uganda's businesses.

Mr. Gilbert Antonio from AfCFTA said they want to help Uganda make more things in factories and sell them to other countries. Uganda's trade leader, Mr. Mwebesa Francis, promised his government would help businesses grow stronger.

Uganda wants to become a major player in African trade. Working with AfCFTA will help Uganda create new products, sell more products, and create better jobs for its people.
 

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