The Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has invited investors from the United Kingdom to partner, invest and prosper with Uganda.
Dr. Ggoobi made the remarks at the Mining and Energy luncheon organised by the Uganda High Commission in London in partnership with the Eastern Africa Association and Westminster Africa Business Association.
The luncheon was hosted at the Palace of Westminster, House of Lords in London under the theme: ‘Opportunities for Growth and Investment’
Ggoobi said Uganda stands at the intersection of resource abundance, policy reform, and rising global demand for energy transition materials.
“We are not simply resource rich; we are investment ready,” said Ggoobi adding that Uganda is endowed with over 30 commercially relevant minerals including; Gold, copper, cobalt, nickel, lithium, graphite (about 24.5 million tonnes at 7% carbon), rare earth elements (about 617 million tonnes), iron ore (over 1 billion tonnes), phosphates and industrial minerals,
The PSST said these resources are mapped, increasingly quantified and progressively derisked, adding that Uganda possesses minerals that are central to the global energy transition.
He said Uganda has modernised its mining sector to align with global standards and vis moving decisively beyond extraction into value addition.
“Invest through the Uganda National Mining Company via joint ventures equity participation, or Off-take agreements across gold, copper, cobalt, rare earths, tin and iron ore,” Ggoobi said inviting investors to the UK-Africa Business Summit 2026 where Uganda will present investment -ready projects.
Beyond minerals Ggoobi said Uganda offers a complementary energy portfolio in oil and gas with commercial reserves under development anchored by the East African Crude Oil Pipeline.
Regarding the concerns raised regarding the Protection of the National Sovereignty Bill 2026, Ggoobi said this legislation does not affect legitimate investors who are coming to partner with Uganda.
The Uganda High Commissioner to the UK, Nimisha Madhvani said Uganda today stands at an exciting point in its development journey with the leadership of His Excellency President Yoweri Kaguta Museveni.
“With a stable macroeconomic environment, a young and enterprising population, and a strategic location in East Africa, Uganda is increasingly positioning itself as a gateway to the region,” she said.
Lord Bellingham Henry a member of the East African Association said they had a wonderful trade mission to Uganda in February 2026 and look forward to coming back to Uganda, adding that there is increased demand by investors to come to Uganda.
On her part, the Chief Executive Officer, East African Association, Agnes Gitau also highlighted the global positioning of Uganda as a competitive destination for investment, rallying UK investors to choose Uganda and East Africa as key partners.
