European Union-Uganda Roadmap to Improved Investment Climate

08.08.2019

In line with the Africa-EU Alliance for Sustainable Investment and Jobs, the EU Delegation to Uganda in partnership with the Government of Uganda and the Private Sector Foundation Uganda (PSFU) has engaged in a long-term initiative aiming at “Promoting EU and Uganda Private Sector Investments.”

The Government of Uganda, the Private Sector Foundation Uganda (PSFU) and the EU Delegation to Uganda have partnered to promote private sector investment in order to spur sustainable economic growth and generate decent jobs, in line with the Africa-EU Alliance for Sustainable Investment and Jobs.

 

The "EU-Uganda Roadman to Improved Investment Climate" outlines ways on how to tackle the main investment hurdles in Uganda as seen by both over 200 European and Ugandan companies, investors and public authorities. As a result of a public-private dialogue launched in December 2019, the stakeholders prioritised “Skills and Attitude”, “Access to Finance” and “Governance and Corruption” as critical investment hurdles in Uganda and proposed specific remedial measures. The dialogue led to the launch of the “EU-Uganda Roadmap to Improved Investment Climate” with the aim of achieving concrete results within a two-year period.

 

The Government of Uganda, PSFU, the EU and selected European companies intend to also create a “Sustainable Business for Uganda (SB4U) Platform”. The aim of the Platform is to continue dialogue between public and private actors to improve the investment climate, strengthen trade and investment links between the EU and Uganda, and support the implementation of the Roadmap.

 

This Roadmap is living document and will be further updated through the SB4U Platform. This communication and the updated Jobs and Growth Compact for Uganda provide more details about the EU's approach in promoting sustainable economic growth and decent employment in Uganda.

 

PDF icon EU Jobs and Growth Compact for Uganda July 2019.pdf