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Rwabwogo calls for export-driven economies at East Africa Trade and Investment Forum

The Chairman of the Presidential Advisory Committee on Exports and Industrial Development (PACEID) Odrek Rwabwogo has rallied East Africans to adopt export-driven economies for regional transformation.

Rwabwogo, who doubles as the Senior Presidential Advisor-Special Duties, made the remarks at the third and final day of the three-days East African Trade and Investment Summit at the Kampala Serena Hotel on Wednesday, January 27, 2024.

He was part of panel discussing how to grow regional economies at the high-profile summit that was organized on the sidelines of the 19th Non-Aligned Movement (NAM) and the 3rd South Summit (G77). He shared stage with Humphrey Nzeyi- Chairman of Private Sector Foundation Uganda, MTN Uganda CEO Sylivia Mulinge, Kudakwashe Matereke-Regional Chief Operating Officer of AFREXIM Bank and Dr. Thangvel Palnivel from United Nations Development Programme (UNDP Uganda).

Alongside the panel discussion was a Business-to-Business meeting between Afroexim Bank, DTB, National Housing, Centenary Bank discussing the Packages they can offer to the private sector.

Rwabwogo shed light on PACEID’s interventions and their role in helping Uganda achieve its ambitious $6 billion target in export earnings by 2028. He highlighted the PACEID’s focus on four key areas: market research, standards and compliance, export infrastructure, and export financing. These initiatives aim to address the main challenges faced by exporters and improve the overall competitiveness of Ugandan products in international markets. “By understanding market trends and consumer preferences, exporters can align their products to meet international standards and target niche markets, ultimately boosting export earnings.”

Rwabwogo stated that these reforms will allow our government to re-align the thinking and help to strengthen the productive capabilities of our businesses.

“PACEID has invested in a team of researchers to inform our strategy, planning and decisions. Collaboration with Private and Public sector stakeholders in Uganda trade and investment is essential.” Rwabwogo noted while urging all stakeholders to exercise agency and drive forward the excellent and transformative trade and investment ideas discussed at the Summit.

The rest of the panelists discussed various aspects of trade and investment, including regional integration, market access, investment promotion, and trade facilitation.

John Bosco Kalisa emphasized the need for harmonized trade policies, streamlined regulations, and enhanced infrastructure to facilitate seamless trade flows among member states.

The discussions also delved into specific sectors that offer significant potential for trade and investment in East Africa. Agriculture, manufacturing, and services were highlighted as areas where there are ample opportunities for growth and development.

The East Africa Trade and Investment Forum provided a platform for policymakers, business leaders, and investors to exchange ideas and explore potential partnerships.

Held under theme “Deepening Cooperation in Trade, Tourism and Investment for Shared Global Affluence”, the forum started on 15th January 2024 and was officiated by the 1st Deputy Prime Minister and the Minister of East African Affairs Rt Hon. Rebecca Alitwala Kadaga and was officially opened by the Vice President Her Excellency Jesca Alupo on Tuesday 16th January 2024. The forum was been attended by over 500 delegates from 19 countries; Uganda, Qatar, United Kingdom (UK), Türkiye, Kenya, Egypt, Algeria, India, Cuba, China, South Africa, South Sudan, Italy, Tanzania, Ethiopia, Zambia, Saudi Arabia, Bulgaria and Morocco.

The forum was also addressed by the EAC Deputy Secretary General – Customs, Trade and Monetary Affairs Ms. Annette Ssemuwemba Mutaawe. She underscored the EAC policies on ensuring that the EAC is an attractive destination for trade and investment. Such include the Customs Union and Common Market with no tariffs and harmonized rules of origin, cost, and time of doing business in EAC which is reduced with 13 One Stop Border Point (OSBP), and there is common infrastructure to process goods in customs. She committed that the EAC secretariate is ready and capable to facilitate trade within the community.

Rt. Hon. PM, Amb. Jan Sadek the Head of EU Delegation in Uganda also highlighted the positive trade balance that Uganda has maintained and a top recipient of FDI with a lot of potential for business in the country. He pledged EU – EAC partnership in investment and trade based on the existing bilateral agreements and invited investors to the EU Business Summit which is due this year.

While closing the forum, Humphrey Nzeyi noted that there is urgent need to;

  1. Scale-up cross-country investments in connectivity and high-quality infrastructure across the region both physical and digital connectivity.
  2. Invest in Bwindi and Mgahinga tourism infrastructure especially tourism roads, airports, and internal flights by Uganda Airlines. Data shows that money invested in such strategic infrastructure can be recovered in a period of less than 3 years.
  3. Build the capacity of Small and Medium-sized Enterprises (SMEs) to harness the potential of the AfCFTA. Strengthening the competitiveness and export readiness of SMEs in regional value chains through trade financing and business development services is crucial.
  4. Strengthen regional cooperation to eliminate the persistent trade barriers.
  5. Invest in cross boarder infrastructure such as roads, cargo airlines and railways to facilitate trade.

The 1st East Africa Trade and Investment Forum was organized by the Government of Uganda through the Ministries of Trade Industry and Cooperatives and Foreign Affairs, PSFU, UNDP Uganda, Stanbic Bank, National Housing and Construction Company, NSSF, Banana Industrial Research and Innovation and NEC-Streit – Armoured Vehicles among many others.

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PACEID Loses Valued Partner as UNDP Uganda’s Elsie Attafuah Departs

It was an evening of mixed emotions as Ms. Elsie Attafuah, the Ugandan United Nations Development Program (UNDP) Resident Representative, bid farewell to the country after her four and a half years’ tour of duty came to an end. In a heartfelt farewell dinner held at the Kampala Sheraton Hotel on Thursday evening, speakers celebrated her remarkable achievements and contributions towards the nation’s development agenda while at the same time expressed a genuine sense of sadness at her departure. 

Attafuah leaves Uganda to head the UNDP program in Nigeria, a country with the biggest economy in Africa.

Elsie Attafuah with UNDP Uganda Deputy Resident Rep Sheila Ngatia and Makerere University Vice-Chancellor Prof. Barnabas Nawangwe

The Presidential Advisory Committee on Exports and Industrial Development (PACEID) team; Brenda K. Opus, Head of Markets, Allan Mugisha- Team Lead Infrastructure and Rowland Bon Nkahebwa- Communications attended the farewell dinner to honor Ms. Attafuah, following the end of her successful tenure. Recognizing her immense dedication and transformative impact, PACEID expresses gratitude for her service and commemorates her achievements.

Attafuah’s work aligned closely with PACEID’s objectives, as her initiatives within the UNDP focused on advancing sustainable development, poverty reduction, and promoting environmental responsibility. In August 2023, UNDP Uganda partnered with PACEID to launch an export preparedness training programme designed to help Ugandan exporters successfully penetrate the highly competitive US market considering it offers tremendous opportunities for businesses looking to expand their reach given their USD18trillion consumer expenditure.

The farewell dinner, attended by senior government officials, heads of different UN agencies in Uganda, prominent private sector players and prominent individuals, celebrated Attafuah’s accomplishments during her tenure as UNDP Uganda Country Representative.

UNDP Uganda Deputy Resident Representative Sheila Ngatia thanked guests for honouring Attafuah before waxing lyrical about her passion and deep affection for Uganda. “It’s hard to imagine it’s four and a half years since she assumed her role in Uganda. It’s a time of mixed feelings. She has often asked important questions and positively challenged us to be bold, visionary and seek to end poverty in Uganda and the continent. Attafuah is passionate and deeply affectionate about the Pearl of Africa. We would have wished her to stay longer but such is the nature of our work. I am proud that she heads to Nigeria, the country with Africa’s biggest economy where she will become Uganda’s tourism ambassador.”

Ugandan banker, economist and academician, Prof. Ezra Suruma delivered the keynote speech at the dinner starting by referring to Attafuah as ‘a distinguished daughter of Africa’. “Thank you for your commitment to improving the lives of the people of Uganda, especially the poor and underprivileged. Thank you for your efforts in skilling the youth and fostering the implementation of the Sustainable Development Goals (SDGs) in Uganda. Please, rest assured that your efforts have not been in vain. We greatly value your selfless efforts to better Uganda and Africa. We are sorry that you must leave us. We wish you a prosperous career in Nigeria. Come back, Uganda will always be your home.”

At the farewell dinner, Attafuah extended her appreciation for the support and collaboration of PACEID and other partners during her time in Uganda. She highlighted the significant progress made in various sectors and reiterated the importance of sustained efforts in realizing Uganda’s economic potential.

“The spirit of partnership with Uganda will endure, I have full confidence in all partners to continue the work we have started. As I leave Uganda and all our development partners, let’s do development unusual with a fire in our belly. For a development agency like UNDP, it’s inevitable to take risks. Let us be bold and ambitious and do something different. I challenge all of us to do things differently.” Attafuah told guests.

She leaves having been honored to serve Uganda saying that it will aways be her home. “Uganda has everything it takes to prosper, and yet people are poor. Let’s disrupt this. We must have a fire in our belly, and that is what has kept UNDP, kept me going. I am deeply thankful to Uganda for the privilege of serving Uganda. My heart is here, Uganda is home.”

Attafuah paid tribute to the government of Uganda and President Yoweri Museveni and UNDP donors including USA, Germany Sweden, Japan, Switzerland, Norway, France, Belgium, India, China and Finland among many others.

“As my time comes to bid farewell to Uganda, I find myself celebrating now more than ever Uganda’s spaces, people, ability, renaissance and knowledge – what I term Uganda’s SPARK. In my last 4 years serving this country and her beautiful people, I continue to be enthralled by the people, landscapes, cultures, communities, women, men and young people who have inspired me since my arrival in 2019.” noted Attafuah whose successor will be coming in two weeks’ time.

World Health Organization Representative to Uganda Yonas Tegegn Woldermarian thanked Attafuah for challenging the UN system to deliver on their commitment to help Uganda achieve its development goals. “Attafuah is passionate and Africa requests passion from each of us. We have the duty to do our best for Africa. The Peal of Africa is not only at the center of Africa but at the center our commitment for partnership in Africa. You have shown how passion for development can make a difference.”

Elsie Attafuah with Minister for Justice and Constitutional Affairs Norbert Mao

Justine Kasule Lumumba, Minister in charge of General Duties in the Office of the Office of the Prime Minister represented Rt. Hon. Robinah Nabajja who was the Chief Guest.

Minister of General Duties in the Office of the Prime Minister Justine Kasule Lumumba represented Rt. Hon. Robinah Nabanjja

Lumumba expressed her heartfelt gratitude to Attafuah before reading out the PM’s speech to guests which recognized the latter’s commitment and love for Uganda.

Nobert Mao- Minister for Justice and Constitutional Affairs, Vincent Bagiire- Permanent Secretary Ministry of Foreign Affairs and Jan Sadek- Ambassador of the European Union to Uganda also gave brief but moving tributes to Attafuah and wished her the best in the next chapter of her career.

Jan Sadek- Ambassador of the European Union to Uganda

Other prominent guests at the event were; Prof. Barnabas Nawangwe- Vice Chancellor Makerere University, Uganda Airlines CEO Jennifer Bamuturaki, Amos Wekesa CEO Great Lakes Safaris and many others attended the farewell dinner.

During the event, UNDP Uganda and partners launched the UNDP Coffee Table Book celebrating 51 years accompanying Uganda’s development agenda.  

Elsie Attafuah’s departure leaves a lasting legacy, but also paves the way for new opportunities and partnerships as the organization moves forward.

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