{UAH} Museveni woos US investors linked to Akon-

Does  he think Akon can do anything without his government is approval?what a joker! once they say we sanctioned that man, he will nver see their penny

 Museveni woos US investors linked to Akon

Wednesday May 19 2021

This photo tweeted by President Museveni on May 17, 2021 shows African-American investment team mobilized by singer Aliaune Badara Akon and his wife Rozina Negusei at State House Entebbe during a meeting to discuss investment opportunities in Uganda. PHOTO/ PPU

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President Museveni has told a group of African-American investors who are in the country to explore opportunities that investing in Uganda is a "sure deal" profitable venture.
The country, he said, has "excellent" investment environment.

The 16-member team was led by Senegalese-American celebrity and businessman Aliaune Damala Badara Akon Thiam, who met the President earlier in the week.
After the meeting, Akon, a musical star, left his wife Rozina Negusei with the business delegation that has been in the country for a week, scouring different opportunities.

President Museveni told the investors that Uganda is the right investment destination and boasts of a skilled, but affordable labour force, a large market from the East African region, Africa, the American market through the African Growth and Opportunity Act (AGOA) -  a legal framework for selected countries to export to the US tariff and quota-free.

He also said free markets in China and Europe are easily accessible from Uganda.
According to the President, his government is working on reducing the cost of power and transportation to lower the cost of doing business in the country.

Flanked by the First Lady Janet, Mr Museveni urged the prospective investors to take keen interest in Africa which he said is their motherland, invest their resources on the continent and develop Africa's untapped potential.
"You need to study Africa your homeland closely and understand the cause of [its] under-development. Africa is the origin of man, pioneers of civilisation, a host of traditional religions and has more natural resources than any other continent in the world, but is the most underdeveloped of all continents," he said.

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