By Mike Ssegawa
There are many investors to put their money in the country if Uganda makes efforts to harness what they are interested in, says African Growth and Opportunity Act (Agoa) boss in Uganda Mrs Susan Muhwezi.
Mrs Muhwezi, one of the participants representing Uganda at the ongoing US-Africa business summit in New York City said US also has many opportunities for Ugandan businesses. She said the relationship between the two countries should therefore be harnessed to bring about fruitful results for Ugandans including jobs and taxes.
US-Africa business summit is one of the top events in New York around the time of the UN general assembly and it is organized by U.S. Department of Commerce and Bloomberg Philanthropies.
The event was attended by presidents including US president Barack Obama, billionaires such as Microsoft’s Bill Gates and Ariko Dangote, Africa’s richest man.
Mrs Muhwezi said Uganda holds many untapped opportunities for U.S. investors and companies and capitalizing on them would create jobs and improve lives of Ugandans.
Mrs Muhwezi who is also an entrepreneur with interest in the hotel industry said what Uganda needs to do is to positively harness the opportunities to her benefit.
President Museveni has spent the past couple of days in Europe and US. Top on his agenda, is how to attract capital to Uganda, and also, open doors for Ugandan products in those markets.
It was at such events that East African leaders asked US to stop negative travel advisories which have hurt local tourism.
“East Africa is the place to invest. It is the place to be… security is good. But you should stop this travel advisory issues,” President Museveni is quoted as urging the meeting that was organized by CEO Roundtable and moderated by the US Secretary of Commerce Penny Pritzker.