Uganda wins the Best Investment Destination award in East Africa, Africa

Uganda has once again earned global recognition for its commitment to promoting investment at the Annual Investment Meeting (AIM) Congress 2025 held in Abu Dhabi at the Emirates Palace.

The award which was presented on Monday April 7,2025 saw the Uganda Investment Authority (UIA) named Runner-up for Best Investment Promotion Agency in Africa—marking the third consecutive year the country has received an international award for investment excellence.

As part of the three-day AIM Congress, held from April 7 to 9, 2025, the Awards ceremony recognized the top-performing investment promotion agencies from around the world, with over 50 agencies competing this year.

Uganda’s entry for the award featured Tembo Steels, the most diversified and vertically integrated steel plant in Africa.

The award recognizes Uganda’s commitment to promoting and supporting private sector investors better than many other African countries.

Uganda’s Ambassador to the UAE, Zaake Wanume Kibedi, received the award on behalf of the country and expressed his gratitude. He presented the award to Tembo steels officials and Ministry of foreign affairs this week at an event officiated by Bagiire Vincent Waiswa Permanent Secretary.

“We thank the government of Uganda, the UAE, the UIA, and the private sector for the joint effort that made this possible, we are here to promote Uganda’s economic and commercial diplomacy,” he said.

Also present at the awards was Stephen Asiimwe, CEO of the Private Sector Foundation Uganda (PSFU), and Stephen Kalibbala, Vice President of the Uganda National Chamber of Commerce and Industry (UNCCI).

The AIM Congress 2025 is being held under the theme Mapping the Future of Global Investment: The New Wave of a Globalized Investment Landscape – Towards a New Balanced World Structure.

The event has drawn over 25,000 participants, including business leaders, investors, government officials, experts, and academics from 180 countries.

In 2022, Uganda was named the Best Investment Destination in Africa, and UIA was named Best Investment Promotion Agency in East Africa while in 2023, Uganda again won the title of Best Investment Destination in Africa.

The AIM Congress Awards are organized by the AIM Foundation, an independent international group focused on growing the global economy through smart investment promotion and strategy. The awards celebrate innovation, strategic excellence, and efforts that contribute to sustainable economic growth around the world