Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

Uganda to buy 10 new planes

 

 

Uganda Airlines has signed a contract for the supply of 10 Boeing aircraft, including eight passenger and two cargo aircraft, worth $985 million. The order is aimed at upgrading the national park and increasing regional and international flights.

 

According to a statement released after the signing, the additional aircraft will contribute to the development of trade, tourism, investment and cargo transportation. The expansion of the park is also expected to support growth in key sectors, including agriculture and mining.

 

The national airline, which resumed commercial operations in 2019 after almost two decades of downtime, is steadily expanding its network and fleet of aircraft in an effort to position Uganda as the main aviation gateway to East and Central Africa.

 

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