focus africa
Focus : Africa
Helping Indian companies do business with Africa
INDIA
INDIA
Africa
AFRICA
INDIA : India’s Trade with the African Region notched US$ 38.96 Billion in the year 2009-10 (DGCI&S provisional figures) constituting 8.37% share in India’s total trade. Trade with the region has grown at a CAGR of 18.10% from US$ 4.48 Billion in 1996-97.
AFRICA : 54 Countries, 1 billion people, US$ 1.01 Billion of trade. Imports worth US$ 468 billion include Mineral Fuels, Oils, Machinery, Vehicles including Boats, Ships, Aircrafts, Electronics & Electricals, Iron & Steel & Articles thereof, Cereals, Plastics, Pharmaceuticals, etc.

Top 20 product groups imported by select African countries ............. [More].
Country at a Glance
Uganda

Region
Eastern Africa

Country
Uganda

Country Head
President Yoweri Museveni

Capital
Kampala

Population
32,369,558 (UN 2008)

GDP (PPP)
$36.27bl (2008 est )

GDP Per Capita
$1,200 (2008 est.)

Main Language
English(official)

 

Uganda is situated in the eastern region of the continent of Africa with a total area of 241,038 sq km. The Land Boundaries stretches to nearly 2,698 km, and there is no coastline as the country is landlocked. Uganda is surrounded by Democratic Republic of Congo, Kenya, Rwanda, Sudan and Tanzania. Uganda is divided into 80 districts, spread across four administrative regions: Northern, Eastern, Central and Western. Each district is divided into sub-districts, counties, sub-counties, parishes and villages.

Agriculture is the most important sector of the economy, employing over 80% of the work force. The chief food crops are cassava, sweet potatoes, corn, millet, and pulses. The principal cash crops are coffee, tea, cotton, tobacco, cut flowers, and sugarcane. Large amount of poultry, cattle, goats and sheep are raised. There is a prominent fishing industry and much hardwood (especially mahogany) is cut.

Uganda has a sizable mineral deposit of copper, cobalt, gold and oil. Copper ore was once the leading mineral resource though now it has been virtually mined out. Uganda's few manufactures are limited mainly to processed agricultural goods, but they also include textiles, chemical fertilizer, and steel. Uganda has a large hydroelectric plant (Nalubaale Power Station) at Owen Falls, located on the Victoria Nile where it leaves Lake Victoria.

In 1996, Uganda established its securities exchanges in which several equities have been listed. The Government of Uganda has used the stock market as an avenue for privatisation. All treasury issues of the government are listed on the securities exchange. The Capital Markets Authority has given license to 18 brokers, asset managers and investment advisors including names like African Alliance, AIG Investments, Renaissance Capital and SIMMS.

Sector Profiles/Investment Opportunities Detail

SECTOR PROFILES

In spite of the turmoil in the world economy and regional instability, the Ugandan economy recorded an impressive 7 per cent growth in 2008. Growth has been prominent in service and industrial sectors, while agriculture has stagnated

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INVESTMENT OPPORTUNITIES

Uganda’s economy being still young provides much wider potential and the choice of investment opportunities for the prospective investor than that in the case of more developed economies.

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Apex Bodies

Federation of Uganda Women Business Organizations, Industry and Agriculture.

Ministry of Tourism,Trade and Industry.

Trade Point Kampala.

 

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Trade Fairs

Uganda International Trade Fair.

 

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Useful Information

Trade Promotion Organisation

Uganda Investment Authority (UIA):http://www.ugandainvest.com

Export Promotion Council

Uganda Export Promotion: http://www.ugandaexportsonline.com

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The New Vision

Daily Monitor

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