Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-10-28 06:27:01
Uganda attracted the largest share of foreign direct investment (FDI) in the five years to December 2023, a report by the East African Community (EAC) Secretariat shows.
The EAC Trade and Investment Report 2023, which highlights prospects for enhancement of trade and investment, indicates that between 2019 and 2023, the majority of EAC member states experienced an annual increase in FDI inflows, resulting into the creation of 677,575 jobs, of which 31.1 percent and 26 percent were created in Uganda and Rwanda, respectively.
Foreign direct investment remains key in job creation…
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