Minister of State for Foreign Affairs (International Cooperation) Henry Oryem Okello Oryem met a United States delegation on February 24, 2026, in Kampala to discuss trade and investment. The delegation was led by Sarah Troutman, Deputy Assistant Secretary for African Affairs, and included U.S. Ambassador to Uganda William Popp.
The talks focused on commercial diplomacy and expanding economic cooperation between Uganda and the United States.
Oryem said Uganda is positioning itself as a leading investment destination in East and Central Africa. He said the country offers political stability and a friendly regulatory framework. He added that Uganda allows investors to repatriate 100 percent of their profits. He said the Ugandan shilling remains relatively stable and freely convertible.
A key issue in the meeting was Uganda’s oil and gas sector. First oil production is expected soon. Oryem said there are opportunities not only in extraction but also in refinery development, engineering services, logistics and related industries. He encouraged American companies to invest, citing the United States’ expertise in energy development and technology.
Uganda also presented opportunities in critical minerals, infrastructure, aviation, rail transport and telecommunications. Officials highlighted the expansion of Uganda Airlines, road and rail links to regional markets, and improved internet connectivity. These projects align with Uganda’s National Development Plan.
Tourism was also discussed. Oryem said Uganda’s wildlife, favourable climate and agricultural potential make it attractive for American tourists and investors in hospitality. He said better air connectivity and targeted promotion could boost visitor numbers.
Troutman said commercial engagement is becoming a key part of U.S. foreign policy in Africa. She said American companies bring high standards, transparency and skills transfer. She added that this supports sustainable development and job creation. The U.S. delegation pledged to promote Uganda’s investment opportunities to American businesses and strengthen follow-up through the U.S. Embassy’s commercial team.
Although the meeting focused on trade, both sides said economic growth depends on regional stability. Oryem pointed to security challenges in eastern Democratic Republic of Congo, Sudan, South Sudan and Somalia. He said instability and illegal mineral exploitation continue to slow development. He reaffirmed Uganda’s role in regional peace efforts and its open-door refugee policy.
The meeting ended with both sides committing to deepen commercial ties and increase private sector engagement. Uganda said it remains open and ready for stronger partnership with the United States.
