Yesterday, I met with a delegation from MTN Group who called on me at State House Entebbe. It is important to invest in sectors that generate jobs and raise incomes. If people have jobs and incomes, they will buy more phones and use them more. That’s why we must invest in the four key sectors of wealth and job creation; commercial agriculture, manufacturing, services, and ICT. The purchasing power per capita in Africa is still low, and to raise it, we must expand our economic base, not just operate in a narrow business sector. Finally, I encourage MTN and other investors to explore manufacturing partnerships and take advantage of Africa’s emerging opportunities in regional trade and industrialization.
