Uganda Industrialisation

President Museveni displays the Constitution of the Republic of Uganda as one of the Instruments of Power he received at Kololo Ceremonial Grounds, symbolizing the official commencement of his 2026–2031 term of office. Photo credit: Uganda Media Centre.

Market as Destiny: “If I Was in the USA, I’d Be a Billionaire” – Museveni

When President Yoweri Museveni was sworn in at Kololo Ceremonial Grounds on May 12, 2026; he used the occasion not merely to mark the beginning of another term, but to restate the
Hon. Anite Evelyn. Minister of State For Finance In Charge Investment and Privatization (R) with a delegation from China. The team was in Country under the Uganda–China Coffee Investment and Destination Tour 2026, where government officials and diplomats presented a strong investment case.

Uganda Targets Industrial Growth Through Strengthened China Investment Partnerships

Uganda is positioning itself as a leading investment destination in Africa by leveraging its long-standing partnership with China to unlock opportunities in agro-industrialisation, manufacturing, and value addition. This effort is highlighted by
President Yoweri Kaguta Museveni is conducted on a tour of the new Tembo Steels Direct Reduced Iron (DRI) Plant in Iganga by Chairman Sanjay Awasthi (in white t-shirt and cap) and General Manager Manish Kalla. The President, who commissioned the 250,000 TPY facility, hailed Awasthi for transforming Uganda’s steel industry and positioning the country as a leader in green, integrated steel manufacturing.

President Museveni Lauds Tembo Steels Founder for Transforming Uganda’s Steel Industry

President Museveni has praised visionary industrialist Mr. Sanjay Awasthi, the Chairman of Tembo Steels, for his transformative contribution to Uganda’s steel industry. This was as the President commissioned Tembo Steels one-of-a-kind 250,000-ton-per-year
April 18, 2025

 

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