« Africa’s economic rise is unstoppable, » Ugandan President Yoweri Museveni said firmly at the Abu Dhabi Sustainability Week Summit. Addressing the summit on Wednesday, he invited global investors to partner in the continent’s transformation and highlighting its vast resources, growing population, and market potential.
Ugandan President Yoweri Kaguta Museveni on Wednesday delivered a compelling vision for Africa’s economic future during his address at the Abu Dhabi Sustainability Week (ADSW) Summit, inviting international investors to join the continent’s transformative journey.
Highlighting Uganda’s economic growth from $4 billion in 1986 to $55 billion today, President Museveni underscored the continent’s potential. « By merely adding value to raw materials like coffee, cereals, and minerals, we aim to grow Uganda’s economy to $500 billion in the coming years, » he stated.
President Museveni emphasized Africa’s vast resources, growing population, and market potential. “The population of Africa will reach 2.5 billion in the next 25 years. This, combined with Africa being 12 times the size of India, makes our continent a destination of opportunity,” he remarked.
He lauded the UAE’s leadership for fostering « win-win » partnerships and urged investors to tap into Africa’s rapidly expanding markets, noting an internal rate of return in Uganda at 14.1%.
« Africa’s growth is now unstoppable, » Museveni declared, asserting that the continent’s leadership in global prosperity is within reach, provided the right strategies are implemented.
The president also reflected on historical injustices, calling for fairness in global relations while praising Africa’s resilience and determination.
The address, delivered to an international audience of policymakers and business leaders, reaffirmed Africa’s position as a rising global economic powerhouse.
