Uganda - France Trade & Investment Forum: Finance PS woos French investors
The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has encouraged French investors to capitalize on Uganda’s recent business reforms, regulatory improvements, incentives, and infrastructure developments to establish businesses in the country. He made these remarks during the ongoing Uganda-France Trade and Investment Forum, where he also met with executives from TotalEnergies to discuss the progress of the Tilenga segment of the East African Crude Oil Pipeline (EACOP) project. Officials revealed that TotalEnergies plans to invest $10 billion, with 18% of the investment directly benefiting Ugandan businesses.
