With an overall score of 62.8, Uganda maintained its fourth position out of the 28 African countries measured under the 2023 Absa Africa Financial Market Index (AFMI) – a report that evaluates the financial development of countries with an overall aim of reducing the barriers to investment and boosting sustainable growth. The 2023 report was released early on Tuesday during the 2024 Economic Outlook Forum hosted by Absa Bank Uganda at the Kampala Sheraton Hotel – bringing together investors and experts from both the public and private sectors. According to the index, within Africa, Uganda ranks behind only South Africa…
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