Up to $160 Million Invested in Uganda's E-Mobility Sector

UIS 2025: How Uganda is rewriting East Africa's innovation playbook

Uganda wants to play a major role in shaping East Africa's tech ecosystem with the region approaching $1trn in GDP. But instead of copying what other countries like Nigeria, Kenya, and South Africa have done, it's taking a different route.

Uganda’s E-Mobility Sector Accelerates with Over $160 Million Investment and Ambitious Growth Targets

Uganda’s E-Mobility sector is experiencing significant growth, fueled by substantial government investment and a clear strategic vision. According to the recently released Uganda E-Mobility Outlook Report 2024, over $160 million was invested in twelve companies within the E-Mobility Ecosystem between 2018 and 2024, spanning research & development, manufacturing, and charging infrastructure. A remarkable 70% of this investment originated from the…

Up to $160 million invested in Uganda's E-mobility sector

One of the electric Vehicles imported by UNDP in Uganda Kampala, Uganda | THE INDEPENDENT | Over $160 million was invested in twelve companies in the E-Mobility Ecosystem for the period 2018-2024 in the areas of research & development, manufacturing, and charging infrastructure, according to the Uganda E-Mobility Outlook Report 2024. The report by the Minister of Science, Technology, and Innovation says 70% of the investments were provided by th…