🇺🇬 Uganda’s Fiscal Strategist: Dr. Ramathan Ggoobi to Highlight Economic Investment Framework at UK–Africa Summit

LONDON, UK – On 12 September 2025, Dr. Ramathan Ggoobi, Permanent Secretary & Secretary to the Treasury at Uganda’s Ministry of Finance, Planning & Economic Development, will present Uganda’s robust economic and fiscal investment strategy at the 15th UK–Africa Business, Trade & Investment Summit. Hosted at the distinguished Royal Horseguards Hotel & One Whitehall Place, the summit brings together over 500 senior investors, DFIs, policymakers, and financiers to explore East Africa as a regional investment hub.

📈 Uganda’s Macroeconomic Momentum

At the recent Q1 expenditure release, Dr. Ggoobi announced a remarkable 6.9% GDP growth for Q1 of FY 2024/25, reflecting the early success of Uganda’s bold Ten-Fold Growth Strategy, aimed at transforming the country into a USD 500 billion economy by 2040 gfrid.org+9Published By UPPC+9Sunrise+9.

In the quarter, UGX 17.18 trillion (≈ 23.7% of annual budget) was disbursed, fueling key growth sectors via the ATMS model (Agro-industrialisation, Tourism, Minerals, Science & Tech). Sector allocations included:

• Agro-industrialisation UGX 215 billion
• Tourism UGX 20.5 billion
• Mineral-based industries UGX 26 billion
• Science, technology & innovation UGX 139 billion Published By UPPC+1Sunrise+1Reuters+11Monitor+11Sunrise+11

💵 Financing the Growth

Dr. Ggoobi has recently secured substantial international finance:

• In May 2025, Uganda signed a USD 800 million Islamic Development Bank country engagement framework to support climate-resilient infrastructure and transport investments through 2027 Reuters+15Reuters+15SoftPower News+15.
• Early 2025 engagements in Paris yielded €3.8 billion in French investments for Uganda’s ATMS sectors, including oil & gas, electricity, infrastructure, and industrial parks finance.go.ug.
• Uganda’s foreign exchange reserves have grown to USD 4.3 billion, buoyed by offshore bond participation and financial resilience Investing.com.
• The Shilling remains strong, with stability aided by foreign investor inflows into Treasury bond auctions Reuters+1Reuters+1.

💬 Statement from Dr. Ggoobi

“Uganda is emerging as a beacon of fiscal discipline and strategic growth. With our Ten-Fold Growth Strategy, structured sector investment, and modern bond markets, we have laid a strong foundation for investors. Our macro‑stability, Greenfield pipelines, and expanded reserves make us a reliable hub for ESG-aligned capital seeking impact and profitability in East Africa.”
— Dr. Ramathan Ggoobi, Permanent Secretary & Secretary to the Treasury

🎯 Summit Contribution

Panel: Financing Growth
Dr. Ggoobi will join global finance experts such as Lord Dolar Popat and Prof. Augustus Nuwagaba to discuss:

• Blended finance models, diaspora bonds, and pension fund mobilization
• Strategic use of Islamic and multilateral funding vehicles
• Role of sovereign bonds and credit management in investment-grade economies

He will highlight how Uganda’s recent bond auctions, liquid reserves, and prudent budget execution set the stage for scalable, structured capital inflows.

📌 Event & Registration

• 🗓 Date: 12 September 2025
• 📍 Venue: Royal Horseguards Hotel & One Whitehall Place, 2 Whitehall Court, London SW1A 2EJ
• 🎟️ Register: https://ukafricasummit2025.eventbrite.co.uk
• 📘 Brochure: https://ukafricasummit.uk/2025brochure.pdf

🚀 Why Attend?

• Gain direct exposure to Uganda’s macroeconomic roadmap and investor-ready frameworks
• Explore climate-focused infrastructure and bond investment opportunities
• Engage with fiscal policymakers on credit, debt management, and blended finance
• Build partnerships as Uganda solidifies its reputation as East Africa’s premier investment hub