President Museveni met with investors from Rebel Group, a Nairobi-based international consultancy and investment firm, at State House, Entebbe, yesterday, assuring them of Uganda’s commitment to collaborate on transformative infrastructure projects.
Led by former US Ambassador to Kenya, Kyle McCarter, the delegation expressed keen interest in Uganda’s economic potential. Museveni welcomed their engagement and highlighted the country’s stable environment for long-term investments.
“We can prioritize projects like the Kampala–Bombo toll road and the Mpigi bridge, which are directly tied to market and consumer needs. With a steady consumer base, these investments ensure sustainable revenue, create jobs, and stimulate economic activity,” he said.
Reflecting on Uganda’s economic journey, Museveni acknowledged past challenges that hindered private investment.
“Post-independence policies, such as the expulsion of Asians under Idi Amin and the seizure of private property, were significant setbacks. However, since the 1980s, we have pursued a private sector–led approach. True independence comes from creating wealth, ensuring we rely on no one,” he emphasized.
Museveni outlined Uganda’s economic transformation strategy, built on four pillars of wealth creation: Commercial Agriculture, Manufacturing, Services and ICT.
“Everyone must contribute to producing goods or services, whether as entrepreneurs or employees. This is the foundation of prosperity,” he added.
He underscored the importance of infrastructure in unlocking regional trade, particularly within the African Continental Free Trade Area (AfCFTA).
Prashiv Shah, Rebel Group’s financial consultant, expressed enthusiasm for Uganda’s vision.
“In Kenya, we’ve successfully integrated infrastructure with real estate development. We are eager to explore opportunities in Uganda across multiple sectors. This is an exciting time for investment, and we are honored to engage with you,” he said.
