Matooke Republic
Wednesday, October 22, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Equity Bank and Indian Industries launch India-Uganda Trade Mission to strengthen economic ties

Matooke Republic by Matooke Republic
October 22, 2024
in Business
Reading Time: 4 mins read
Share on FacebookShare on Twitter

Equity Bank, in collaboration with the Confederation of Indian Industries (CII), has launched the India-Uganda Trade Mission, a two-day high-level event aimed at enhancing trade and investment between the two countries. Held in Kampala from October 22nd to 23rd, 2024, the mission brings together a delegation of Indian entrepreneurs and leading Ugandan business leaders, focusing on sectors critical to Uganda’s development and where India has proven expertise.

The mission targets industries such as healthcare, information technology, agriculture, energy, infrastructure, tourism, real estate, and defense. By fostering partnerships in these areas, the event aims to drive new investments and expand trade cooperation, ultimately boosting Uganda’s economic growth.

Throughout the event, participants will engage in a series of business-to-business meetings, panel discussions, and site visits to key industries. These exchanges are designed to promote technological innovations, boost investment flows, and encourage sustainable growth. The event also provides an invaluable platform for networking between Indian and Ugandan business leaders.

RELATED POSTS

Experts emphasize succession planning as key to family business continuity at 3rd annual Enjovu Family Business Conference

IASP Africa 2025: Strategy Experts to Convene in Kampala for Africa’s Transformation Agenda

At the opening ceremony, Anthony Kituuka, Managing Director of Equity Bank Uganda, emphasized the significance of the trade mission, highlighting the bank’s commitment to fostering economic development in the region.

“Equity Bank is dedicated to promoting the socio-economic prosperity of Africa. We are excited to facilitate this platform, which enables the exploration of business opportunities and provides valuable market insights. This trade mission will inspire Indian private sector players to discover Uganda’s untapped potential, an opportunity Equity Bank has experienced firsthand,” Kituuka said.

Anthony Kituuka, Managing Director of Equity Bank Uganda.

He added, “The India-Uganda Trade Mission is about transforming lives and livelihoods. The business community is key to organizing resources, taking risks, and driving wealth creation. By gathering in Kampala, we are expanding opportunities for wealth creation and laying the groundwork to change the destiny of our people. Collaboration and partnership are the keys to moving Uganda forward.”

The trade mission aligns with Equity Group’s broader “Africa Resilience and Recovery Plan” (ARRP), which focuses on accelerating economic recovery and growth across the continent by targeting sectors with high potential. Key pillars of the plan include agriculture, extractive industries, manufacturing, logistics, trade, technology, and support for Micro, Small, and Medium Enterprises (MSMEs). Through ARRP, Equity Group has committed $65 billion to empower the private sector across East Africa and beyond.

Indian High Commissioner to Uganda, Upender Singh Rawat, hailed the initiative as a game-changer for both countries: “The India-Uganda Trade Mission is a tremendous opportunity to unlock new avenues of trade and investment that will have a lasting economic impact.”

State Minister for Investment and Privatization, Evelyne Anite.

State Minister for Investment and Privatization, Evelyne Anite, also expressed her gratitude to India for its continued investment in Uganda. She emphasized the potential for stronger partnerships between India and Africa, particularly Uganda, to drive mutual growth.

During the event, Minister Anite was honored with an award from Equity Bank in recognition of her loyalty as a customer and her ongoing support for the bank’s initiatives.

India is already one of Uganda’s top trading partners, and the India-Uganda Trade Mission aims to build on this foundation. The event provides a strategic platform for Ugandan businesses to tap into the vast Indian market and for Indian investors to explore Uganda’s emerging opportunities, laying the groundwork for a prosperous future.

Related

Tags: Equity Bank UgandaIndiaIndia-Uganda Trade Mission
Share2Tweet1Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Equity Bank shines at 2025 Uganda Bankers Sports Gala with strong team performances

by Matooke Republic
24 hours ago

...

Doctors reveal final moments of Raila Odinga after cardiac arrest

by Matooke Republic
6 days ago

...

Equity Bank Director Public Sector and Social Investments hands over a dummy cheque to farmer representatives. The bank will starting this week disburse funds to farmers.

Government, Equity Bank team up to boost livelihoods through National Oil Palm Project in Busoga

by Matooke Republic
2 weeks ago

...

Equity Bank Managing Director Gift Shoko leads a tree planting exercise at St. Julian Secondary School.

Equity Bank launches 1,000-tree planting drive at St. Julian Secondary School

by Matooke Republic
2 weeks ago

...

Equity Bank launches tree planting drive to green Bugisu region

by Matooke Republic
2 weeks ago

...

Next Post

Kigoogwa Fuel Tanker Explosion: Here's What We Know So Far

LIST: Museveni pardons 130 convicted prisoners

RECOMMENDED

63 confirmed dead in fatal crash on Kampala–Gulu Highway

October 22, 2025
Hoima City Stadium.

PHOTOS: Hoima City Stadium fully complete

October 21, 2025

MOST VIEWED

  • PHOTOS: Irene Ntale and Vincent Kalibbala tie the knot

    29 shares
    Share 12 Tweet 7
  • Police to recruit 100,000 Special Constables ahead of 2026 elections

    98 shares
    Share 39 Tweet 25
  • Arua City Tower sparks outrage on social media over design and colour choice

    18 shares
    Share 7 Tweet 5
  • PHOTOS: Hoima City Stadium fully complete

    16 shares
    Share 6 Tweet 4
  • Doctors reveal final moments of Raila Odinga after cardiac arrest

    9 shares
    Share 4 Tweet 2
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.