Uganda has the best potential in Africa for investment in the Agricultural sector. It’s agricultural sector presents multiple highly-profitable investment opportunities both for profit-oriented investments and partnerships.
Uganda’s low temperature variability, fertile soils, and two rainy seasons over much of the country - leading to multiple crop harvests per year, and the potential to feed 200 million people, means you can’t go wrong when you invest in the agriculture sector.
Agro-processing is currently the most lucrative area for investment in the sector; there is also opportunity to invest in agri-business, agri-technology, Incubation and innovation etc. Incentives for investors include duty-free tax import of plant and machinery, training expenditure as well as scientific expenditure at 100%, capital allowance on plant and machinery at 50 to 75%, etc.