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"The purpose of the visit is to strengthen the excellent bilateral relations between the Republic of Uganda and the Republic of South Africa," the foreign affairs ministry said in an April 11 statement.
Presidents Yoweri Museveni and Ramaphosa in 2023 graced the Uganda- South Africa Trade, Tourism, and Investment Summit, which took place from February 27 to March 1 in Pretoria, South Africa.
It was attended by ministers, heads of Government Departments and Agencies, policymakers, and the private sector. The event was organized by the Private Sector Foundation Uganda (PSFU) in partnership with the Ministries of Foreign Affairs, Trade and Cooperatives, Privatisation and Investment.
The summit aimed to provide a platform for the Private sector, companies, and businesses to create new markets and ways of how facilitating doing business and identify existing and emerging business or investment opportunities in Uganda and South Africa.
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According to the PSFU Chief Executive Officer, Stephen Asiimwe, South Africa is one of the fastest growing sources of Foreign Direct Investment for Uganda as South Africa exports to Uganda.
Asiimwe said that the main objective of the summit was to market Uganda’s beauty and economic potential of becoming Africa’s leading destination for Trade, Tourism, and Investment. The second edition of the summit was held from September 7 - 8, 2023 at Speke Resort, Munyonyo.