UGANDA - SOUTH AFRICA TRADE RELATIONS

PRESIDENT MUSEVENI THANKED THE GERMANY GOVERNMENT AND COMPANIES FOR INVESTING IN AFRICA, SAID THE CONTINENT AND THE DEVELOPED COUNTRIES COULD SUPPORT EACH OTHER FOR THEIR CITIZENS PROSPERITY 4 / 5 / 2017 WORLD ECONOMIC FORUM.

THE AGREEMENT BETWEEN UGANDA, SIEMENS AND MMEC MANNESMANN GMBH IS ABOUT COOPERATION IN THE FIELDS OF POWER SUPPLY, INDUSTRY, TRANSPORTATION AND HEALTHCARE. GREATER FOCUS WILL BE ON INCREASING THE COUNTRYS ELECTRICITY GENERATING CAPACITIES AND CONNECTING MORE UGANDANS TO THE POWER GRID 4 / 5 / 2017 WORLD ECONOMIC FORUM


The President made the call as he witnessed the signing of Memoranda of Understanding between two German companies and the Uganda government. Finance Minister Matia Kasaija signed on behalf of Uganda while Mr Joe Kaeser, the Chief Executive Officer of Siemens Group and Mr Mesut Sahim, the Chief Executive Officer of MMEC, signed on behalf of their companies.