Uganda-South Africa Trade & Investment Summit Set for February

The Private Sector Foundation Uganda (PSFU), the Presidential Advisory Committee on Export and Industrial Development (PACEID), the Ugandan High Commission in Pretoria and the Ministry of Foreign Affairs, are jointly organising the Uganda-South Africa Trade, Tourism & Investment Summit in February 2023.

The first preparatory meeting of the upcoming event was held at PSFU offices in Kampala on January 11, 2023.
It was attended by H.E. Paul Amoru, Uganda’s Ambassador to South Africa, and Mr. Odrek Rwabwogo, the Chairman PACIED, and other relevant stakeholders.

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The summit is geared towards ensuring a more balanced trade relationship between Uganda and South Africa.

According to Ambassador Amoru, the Business Summit will focus mainly on manufacturing, mining, energy resources, agro-processing, ICT, power generation, education and infrastructure development among others.

In 2021, the volume of trade between Uganda and South Africa was approximately USD 194 million.

The Summit comes just months after Uganda and South Africa held the second Joint Commission of Cooperation (JCC) (after 10 years).

The JCC held in July last year aimed to strengthen the “existing excellent and cordial bilateral relations” and deepen cooperation between both countries.