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INTRA
AFRICAN
INVESTMENT
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CONTINENT
OF ECONOMIC OPPORTUNITIES
New
Book by Dave Fick
FOREIGN INVESTMENT BENEFITS UGANDA
Excerpt
from a speech by H. E. Yoweri K. Museveni ,
President of Uganda
http://www.museveni.co.ug
The problem,
however, comes when "encouraging" the national
middle class can only be done through excessive
external borrowing. This increases the country's
indebtedness unnecessarily because GDP can be
enhanced through another very important and
debt-free way, that is foreign investment or, in
the case of Uganda, domestic investment by the
non-African element of the middle class (the
Asians).
Interest in
Nigeria.
"Well
organized and properly managed developing economies
provide fertile ground for SMEs to thrive. In
decades past, Asia provided such fertile ground for
small industries to grow. Asian economies attracted
and continue to attract massive foreign investment
which fuelled the remarkable economic growth in
places like Hong Kong, Singapore and Malaysia."
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Tanzania
Banking on Results from its 1st Tourism Investment
Forum
The
Tanzania Tourism Investment Forum, hosted by the
Honorable Zakia Hamdani Meghji, MP, Tanzania's
Minister of Natural Resources and Tourism, was held
at the Arusha International Conference Center,
October 22-24, 2002. The public and private sector
endorsement of the forum was evidenced by the
participation of a cross-section of government
ministers and senior representatives, including
ministries of agriculture, land , public works and
utilities; Tanzania Investment Corporation and The
Tanzania Association of Tour Operators. This was
indicative of the Tanzanian government's
recognition of the major role that tourism
development plays in job creation and improving the
country's economy. (see Investment
Buzz)
Opportunities-
Requests
Rwandan
President Invites U.S. Investors
His
Excellency Paul Kagame, President of the Republic
of Rwanda, guaranteed U.S. investors a supportive
business environment and access to markets in his
country. President Kagame and Dr. Alexandre
Lyambabaje, Minister of Commerce, Industry,
Investment Promotion, Tourism and Cooperatives,
spoke on business opportunities in Rwanda at a
reception hosted by the Corporate Council on
Africa. Continued->
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