Resource-Rich, Growing Market
Executive Snapshot
- Population: ~48–50 million
- GDP (nominal): ~$45–55 billion
- Currency: Ugandan shilling (UGX)
- Main sectors: Oil development, agriculture, services, manufacturing
- Top trade partners: EAC, China, EU
- Regional role: Land‑linked hub at the crossroads of East Africa
Macroeconomic Overview
Oil projects (Tilenga/Kingfisher) and the EACOP pipeline underpin mid‑term growth; agriculture (coffee, dairy, grains) and light industry are expanding. Kampala serves as a distribution and services node for the Great Lakes.
Strategic Sectors and Opportunities
- Energy: upstream and pipeline services; local fabrication
- Agribusiness: coffee roasting, dairy processing, grain storage
- Manufacturing: packaging, plastics, construction inputs
- Logistics: hubs for Great Lakes distribution
Business Environment and Regulation
Investment frameworks promote local participation; land and community engagement are essential; EAC access facilitates regional scaling.
Risks and Challenges
- Project execution risks and timelines
- FX and import licensing
- Land acquisition and social acceptance
Atlas Development Insights
Atlas Development covers Uganda through its exclusive correspondent in Nairobi, giving clients access to a land-linked hub at the crossroads of East Africa. Uganda’s growth is driven by oil projects (Tilenga, Kingfisher, and the EACOP pipeline), agribusiness value chains (coffee, dairy, grains), and an expanding light industry and services sector. These activities attract global companies seeking opportunities in oilfield services, logistics, agro-processing, cold-chain, packaging, and construction inputs. We assist clients with market studies, partner qualification, and B2B agendas, while ensuring corporate compliance and due diligence on local partners, community relations, and regulatory frameworks. This approach allows international firms to approach Uganda’s opportunities with clarity and secure local support.