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bdmuseveni

Uganda now topples Kenya in race for investments

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Uganda's President Yoweri Museveni. 

Photo credit: AFP

By  James Anyanzwa

Business Reporter

Nation Media Group

Uganda has toppled Kenya in the race for foreign direct investments (FDIs) in East Africa, a new report has shown.

The report by Ernst & Young shows Uganda had a record high inflow of $10.2 billion in 2022 —the highest in East Africa— creating 6,300 jobs.

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