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Home Entertainment News

Museveni woos US investors linked to Akon

Noelyn Nassuuna by Noelyn Nassuuna
May 19, 2021
in Entertainment News, News
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Museveni woos US investors linked to Akon

American investment team mobilized by singer Aliaune Badara Akon and his wife Rozina Negusei at State House Entebbe. Photo/courtesy

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President Museveni has told a group of African-American investors who are in the country to explore opportunities that investing in Uganda is a “sure deal” profitable venture.

The country, he said, has an “excellent” investment environment. The 16-member team was led by Senegalese-American celebrity and businessman Aliaune Damala Badara Akon Thiam, who met the President earlier in the week.

After the meeting, Akon, a musical star, left his wife Rozina Negusei with the business delegation that has been in the country for a week, scouring different opportunities.

President Museveni told the investors that Uganda is the right investment destination and boasts of a skilled, but affordable labor force, a large market from the East African region, Africa, the American market through the African Growth and Opportunity Act (AGOA) –  a legal framework for selected countries to export to the US tariff and quota-free.

Read more:https://www.sqoop.co.ug/202105/news/museveni-woos-us-investors-linked-to-akon.html

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