Uganda's highest cross-border investments came from Tanzania, which accounted for 82.3 per cent ($231.129 million) of the investments registered from EAC countries in 2023.
Uganda attracted the highest volume of investments from its regional peers in the East African Community (EAC) in 2023, highlighting Kampala’s increasingly pro-business policies that allow foreigners to own property, establish businesses, make investments, acquire domestic companies and establish Greenfield investments.
A new study by the EAC Secretariat shows that Uganda attracted the most intra-EAC investments in the year valued at $280.74 million, though representing a 28 percent decline from $391 million in 2022.