Uganda must turn bankable ideas into investable pr

Business: Uganda must turn bankable ideas into investable pr

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Uganda must turn bankable ideas into investable projects – Afreximbank’s Nwugo

Humphrey Nwugo, Afreximbank Regional Director for Eastern Africa, spoke to New Vision about Uganda’s prospects, the “infrastructure paradox”, industrialisation, project preparation, SMEs and Afreximbank’s ambitions for the region.

Humphrey Nwugo, Afreximbank Regional Director for Eastern Africa. (Courtesy)

Afreximbank has set its sights on expanding its presence in Uganda over the next decade, with financing expected to support industrialisation, value addition, infrastructure, SMEs and greater participation in intra-African trade.

Humphrey Nwugo, Afreximbank Regional Director for Eastern Africa, spoke to New Vision about Uganda's prospects, the "infrastructure paradox", industrialisation, project preparation, SMEs and Afreximbank's ambitions for the region.

Q: Uganda hosts Afreximbank's Eastern Africa regional office. What does that mean practically for Uganda?