While Somalia has made strides in establishing a presence in the Ugandan market, the reverse remains largely absent, with not a single Ugandan venture entering the promising business landscape of Somalia.
The current statistics reveal that over 34,000 Ugandans reside in Somalia, with the majority employed in the service and formal sectors. Mogadishu stands out as one of the best-performing routes for Uganda, with four weekly flights on Sunday, Tuesday, Thursday, and Saturday. The intention is to bring together Somali and Ugandan businesspeople and provide them with accurate statistics, promoting trade based on knowledge.
Mugimba further adds that by the time the next summit takes place, they hope to have realized agreements on diplomacy, political collaboration, and the removal of trade barriers, opening the door for increased cooperation.