• Latest
European Investors Pledge $5M Annual Investment to Expand Fish Farming Operations in Lake Victoria

European Investors Pledge $5M Annual Investment to Expand Fish Farming Operations in Lake Victoria

3 months ago
Mountain Gorilla and Chimpanzee Census Launched in Bwindi-Sarambwe Ecosystem

Mountain Gorilla and Chimpanzee Census Launched in Bwindi-Sarambwe Ecosystem

4 hours ago
New Faces, Fresh Fire: Kampala Crème Returns for a Dazzling Season 3

New Faces, Fresh Fire: Kampala Crème Returns for a Dazzling Season 3

5 hours ago
Dr Mukiza: Uganda’s First Aquaculture Census a Historic Benchmark for East Africa

Dr Mukiza: Uganda’s First Aquaculture Census a Historic Benchmark for East Africa

6 hours ago
Pope Leo XIV Urges Unity, Peace in First Homily

Pope Leo XIV Urges Unity, Peace in First Homily

7 hours ago
Clean Energy Key to Africa’s Transformation, Museveni tells Ghana’s Military

Clean Energy Key to Africa’s Transformation, Museveni tells Ghana’s Military

7 hours ago
Museveni Warns on Global Military Advances, Urges Regional Strength and Unity

Museveni Warns on Global Military Advances, Urges Regional Strength and Unity

7 hours ago
SoftPower News
Friday, May 9, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Agriculture

European Investors Pledge $5M Annual Investment to Expand Fish Farming Operations in Lake Victoria

by Our Reporter
February 17, 2025
European Investors Pledge $5M Annual Investment to Expand Fish Farming Operations in Lake Victoria

President Museveni with European investors

49
VIEWS

President Yoweri Kaguta Museveni has called on European investors to seize opportunities in Uganda’s expanding market, particularly in agriculture, aquaculture, and environmental sustainability.

Speaking at his country home in Irenga, Ntungamo District, Museveni expressed concern over Europe’s declining investment presence in Africa, contrasting it with China’s growing influence.

Related Stories

Mountain Gorilla and Chimpanzee Census Launched in Bwindi-Sarambwe Ecosystem

New Faces, Fresh Fire: Kampala Crème Returns for a Dazzling Season 3

Dr Mukiza: Uganda’s First Aquaculture Census a Historic Benchmark for East Africa

“What happened to our relatives, the Europeans? Why don’t they come and invest?” he questioned, emphasising Africa’s projected population surge to 2.5 billion in the next 30 years as a massive market opportunity.

Museveni lauded existing European investments in Uganda, including liquid coffee production, avocado exports, and medical waste management, assuring government support to further strengthen these ventures.

Outlining a strategic environmental plan, he announced efforts to restore degraded wetlands by relocating farmers to the peripheries for sustainable fish farming. He also criticized swamp rice cultivation for damaging the tributaries of the Nile River.

Reaffirming his commitment to attracting foreign investments that drive economic growth while preserving the environment, Museveni’s call was met with enthusiasm from European investors.

Mr. Nico Van Vliet, representing the Uganda Flowers Exporters Association, welcomed the initiative, stating, “We see tremendous potential not only in the European Union but also in regional markets like Kenya and Ethiopia. We are committed to expanding our contributions to Uganda’s economy.”

Mr. Eric de Waan, from Yalelo Uganda, highlighted Uganda’s vast aquaculture potential, particularly in Lake Victoria. “Uganda offers the best conditions for fish farming. We plan to invest $5 million annually to expand operations,” he revealed.

Tags: European InvestorsFish FarmingMuseveniSoft PowerSoftPower NewsTop Uganda NewsUganda

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Mountain Gorilla and Chimpanzee Census Launched in Bwindi-Sarambwe Ecosystem

New Faces, Fresh Fire: Kampala Crème Returns for a Dazzling Season 3

Dr Mukiza: Uganda’s First Aquaculture Census a Historic Benchmark for East Africa

Pope Leo XIV Urges Unity, Peace in First Homily

Clean Energy Key to Africa’s Transformation, Museveni tells Ghana’s Military

Museveni Warns on Global Military Advances, Urges Regional Strength and Unity

Visit UBOS Website
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News