Prime
Egyptian President arrives on one-day visit tomorrow
Egyptian President Abdel Fattah al-Sisi
Kampala. Egyptian President Abdel Fattah al-Sisi, is tomorrow expected to make a one-day official visit to Uganda at the invitation of President Museveni.
The visit will be his first since he led a coalition to remove former president Mohamed Morsi from power in 2013. Mr Morsi who is in jail attended Uganda’s Golden Jubilee celebrations in 2012.
The two leaders and their delegations will hold bilateral talks, according to a State House statement.
Recently, President Museveni commissioned the Egypt-Uganda Food Security Company, a new private beef processing company.
Egyptian investments in Uganda include Cairo International Bank, Egypt Air, Mantrac Uganda ltd, Arab Contractors, El Naser Export and Import Company and African Development Incorporation Uganda Limited.
Other prominent private sector companies started investing in Uganda and east Africa including the “Citadel Group” the leading investor in Africa, investing in modernising the main railway from Mombasa to Kampala to reduce substantially, the cost of transport and production.
The investment is expected to lead to more trade and increase the attractiveness Uganda to foreign investment.
