M7 Calls On French Firms To Invest In Uganda

 

Ugandan president Yoweri Museveni speaking at the French National Day Anniversary. PPU PHOTO
Ugandan president Yoweri Museveni speaking at the French National Day Anniversary. PPU PHOTO

Ugandan President Yoweri Museveni has called on French firms to invest in the country saying trade would create good relations on the international scene.

According to a statement issued by Ms Sarah Kagingo, the Special Presidential Assistant for Communications, president Museveni made the call on Monday at the French Embassy, in Nakasero, Kampala during celebrations marking the 225th anniversary of the French national Day. 

“The French and European companies should have been the first ones to invest in Africa because they are near. There is a strong linkage between the African continent and Europe because of the European languages that are widely used.” 

He invited more French and European companies to invest in Africa and Uganda in particular. 

President Museveni said that today we have the opportunity to solve the past mistakes. He said that trade would create good relations on the international scene.

He observed that entrepreneurs and consumers are the kings of the modern world. He reminded the guests that Uganda today has got a shortage of manufacturers adding that the Europeans need to come and tap into the abundant resources. He noted that if there is a shortage of consumers the economy will run into problems. He was pleased to note that consumption was expanding in Africa. He said that there was room for it to expand further if our people were employed. 

President Museveni revealed that Tourism was important for Uganda and Africa at large. He urged the Europeans to come here and utilize the facilities available in the sector. 

He warned people not to impose their taboos on others. He observed that there was a lot of chaos in the world due to intolerance. He said that the act of being arrogant creates terrorism.

French Ambassador Sophie Makame hails Pres. Museveni for spearheading peace operations in Africa. PPU PHOTO
French Ambassador Sophie Makame hails Pres. Museveni for spearheading peace operations in Africa. PPU PHOTO

The French Ambassador to Uganda, H.E. Sophie Makame saluted the President for blessing the ceremony. She said that in 1914 and 1940 Africans sacrificed their blood to liberate France. She said that Uganda has demonstrated its capability to ensure peace particularly in Somalia and Central Africa.

He was pleased to observe that Uganda and Europe have a common interest to combat terrorism. 

He congratulated the French upon their revolution and observed that the revolution was a human achievement to get rid of chauvinism. He said that after 1789 the human race became more free than ever. 

He said African troops had participated in the first and second World Wars. He added that the East African troops also participated in the wars.He informed the guests that there were two Divisions in Burma fighting the Japanese troops. 

2 thoughts on “M7 Calls On French Firms To Invest In Uganda

  1. Investors are unlikely to come to Uganda as long as opposition are being arrested, beaten etc. they consider stability in country as number one.

  2. Your Excellency you made our day attending the French Day we are sure you will have many investors coming to Uganda

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