Business

Delegation of French Business Representatives to Visit Uganda Next Week

A delegation of over 25 French representatives of private sector companies are set to visit Uganda from 25th to 26th of November.

The French business leaders will be visiting the country in search for the investment opportunities

The visit is being spearheaded by MEDEF International – the French Business Confederation that represents MEDEF and its 170,000 member companies and 10 million employees with the support of the Ugandan authorities, the Uganda embassy in Paris and the French embassy in Kampala.

The French Embassy in Kampala revealed yesterday that the delegation will be led by Momar Nguer, Chairman of the Africa Committee of MEDEF International and President Marketing and Services and member of the Executive Committee of Total.

“The delegation will encompass the major opportunities and challenges at stake in the country,” the embassy said in a statement.

“They represent a large range of sectors including transport, infrastructure, industrial projects, aeronautics, utilities, logistics, energy (including renewable energy), ICT, water management, banking and financial services and service to government among others.”

During the two-day program, according to the embassy, the French business leaders will have the opportunity to meet with the highest Ugandan authorities and many business leaders, with the support of MEDEF International’s counterpart, the Private Sector Foundation of Uganda (PSFU).

“Many opportunities exist for the French private sector, especially through the “Vision 2040” promoted by the Uganda government and the large projects that are related in various sectors.”

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“The strong population growth, with 47 million projected in 2025 and 63 million in 2030, is therefore a huge challenge for the country.”

“The French companies are convinced of the great Uganda’s economic potential and investment opportunities. They are therefore, committed to initiate more and strong win-win partnership opportunities between French and Ugandan companies and to contribute to achieving long-term development objectives and growth.”

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