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Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential.

Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on October 5, informed investors that there are high returns if they invest in sectors like commercial agriculture, ICT and technology.

“I guarantee you (investors) of the free market of more than 45 million people in Uganda, 300 million people in East Africa, 600 million people in [Common Market for Eastern and Southern Africa] (COMESA) market and 1.4 billion people on the continent as attractive demand for their goods if produced on the Continent,” he said.

The October 2024 report by the United Nations COMTRADE database on international trade indicates that Uganda exported goods worth $3.25m (11.9b) to Czech Republic in 2023.

The same report indicated that Uganda imported goods worth $43.9 (Shs160.9b) from the same country in the same period.

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