Rt. Hon. Rebecca Alitwala Kadaga the Minister of East African Community Affairs has reaffirmed the government’s commitment to promoting public-private dialogue noting that this will further help economic growth in the East African region.
“We firmly believe that this partnership combined with sound policies and effective regulations will create a conducive and competitive business
environment” Kadaga highlighted.
“Public-Private dialogue serves as a powerful mechanism to address challenges and identify opportunities that benefit all stakeholders” she added.
Kadaga made these remarks in a speech delivered by the State Minister of East African Affairs Ikaya Magode at the official unveiling of the East Africa Business & Investment Summit at the Ministry headquarters in Kampala.
The East African Business and Investment Summit that will be held in Kampala on 31st August to 1st September will explore continental and global trends, shift economic environments and discuss strategies to position the EAC as the prime investment destination in Africa.
Dubbed under the theme “Private Sector-driven Regional Integration for increased Intra-African Trade, Investment” Kadaga further highlighted that the summit will also provide a platform for key stakeholders from the government and private sector to converge and discuss ways to enhance the economic landscape.
“This Summit will also come out with a communiqué that will outline resolutions and strategic actions that will fuel the vision of regional integration increased trade and investment” She articulated.
In his remarks, John Bosco Kalisa the board director of the East African Business Council (EABC) noted that in addition to a communiqué that will outline actions needed to drive intra-EAC trade, the summit will also facilitate valuable business-to-business engagements, joint ventures, partnerships and business deals.
“We are expecting over 500 delegates that will include esteemed Ministers, Ambassadors, and financial institutions, together we will engage in high-level panel discussions, share progress and insights that will shape the future of business and investment in our region” he highlighted.
Kalisa also noted that on the sidelines of this summit, there will also be side sessions on the digital economy in East Africa, tax regime harmonization, services trade in AfCFTA, climate change and women and youth in business & SMEs in the EAC.
The board chairman further called upon all businesses, entrepreneurs and investors in Uganda the EAC and Africa to attend the summit as it will present a unique opportunity for networking, knowledge exchange and exploring potential partnerships that will contribute to the growth and prosperity of the region.
Agaba Moses the chief Executive Officer of Fathil International Projects limited noted that this summit will be a platform for business exhibition and it will bring together a variety of entrepreneurs who are looking for opportunities across the world.
“We are looking at companies which are focused at scaling their operations, funding and looking for new markets, we have two types of booths which will be available for all participants in the summit”
The East African Business and Investment Summit is organized in close collaboration with all investment promotion authorities in East Africa who will showcase investment opportunities and present viable projects ready for investment to East African, African, and international investors.
