Dr. King is a Board Certified Physician of Internal Medicine as well as the publisher of Healthy Choices Magazine.  He can be reached at DrKing@healthychoicesmag.com.	Attorney, Austin Dove, Esq. of Raynor and Dove Law Firm providing Ugandan youth with encouragement and mentorship.	His Excellency Prof. Gilbert Bukenya, Vice President of Uganda, viewing some of the arts and crafts at the conference for the East Africa/America Economic Partnership Trade Mission. Prof. Gilbert Balibaseka Bukenya, is a distinguished scholar and Doctor of Medicine, and an outstanding leader of solid grounding.	Dr. Bill Releford (left) has been active in forging partnerships between Africans and African Americans.	Children we met along the way.	This drum and dance ensemble performed to welcome us.	The drum corp.

Investing

 in Africa 

 Editorial & Photos By: Dr. Linell C. King, MD

“When a child is kidnapped and taken from his home, that child never forgets his parents.  If that child is fortunate enough to be returned home, he appreciates home more than he ever could have if he had not been kidnapped.”  John Amos               

February 21, 2004 to March 1, 2004 marked a monumental and historical period in the relationship between the nation of Uganda and the United States.  Led by Rev. Al Washington, the Africa/USA International Chamber of Commerce and Industry (AfUSA) hosted a trade and business development mission to the East African country of Uganda.  At the outset of the journey, Dr. Bill Releford, CEO of Global Integrated Development Group and co-coordinator of the trade mission, offered insight to participating delegates stating, “The purpose of this Trade Mission is to show the potential of when you link African-Americans with continental African countries, communities, and leaders.  Our goal is to solidify these linkages for the betterment of the African Diaspora.”

The trade mission was an extraordinary success on many levels thanks to the planning and coordination efforts of Abbey Walusimbi, President, United African Federation, with assistance from U.S. Ambassador to Uganda, Jimmy Kolker and the U.S. Embassy staff.  Due to its strategic location, a predictable, stable environment, abundant natural resources and a fully liberalized economy, Uganda offers an attractive setting for a varied stratum of business ventures.  All members of the delegation found some opportunity for future investment and/or business opportunity.  Some delegates even extended their stay to solidify business relationships. 

Personally, my experience throughout the mission was one of awe.  Although the opportunities for potential business investments were overwhelming, I was all the more consumed with the emotional experience of being within my mother continent for the first time.  Given that this was my first trip to Africa, I wasn’t sure what to expect.  My only points of reference were derived from western (White) media portrayals of impoverished, starving communities overridden by AIDS and political turmoil.  But from the time we touched down in Kampala, the capital of Uganda, I saw a completely different picture.

 The Ugandans are a soft-spoken yet proud people full of dignity and a love of their country who welcomed us home.  Strikingly there was less homelessness visible in Kampala than in my own nation’s capital.  Ugandan children were well mannered and possessed many artistic skills including crafts, song and dance.  As we stopped in various small villages we were greeted with warm smiles as people showed us their colorful fabrics, crafts, and fruits.  Our hotel was a Ugandan owned, five-star resort with a plush tropical landscape, Olympic size pool, and activities and business meetings on the premises almost nightly.  Along the countryside there were miles of beautiful banana trees, tea and coffee fields.  I have never tasted a banana as sweet as the bananas in Uganda.

The experience of visiting Africa is one very difficult to put into words.  I was blessed to be among a phenomenal group of people during this experience.  The delegation was comprised of dignitaries such as Dr. Carol Adams, Secretary of Human Services for the state of Illinois, legendary actor, John Amos, and people of various disciplines including real-estate developers, international bankers, lawyers, doctors, and various business owners.  The mission touched everyone in there own special way.  The bond that was created between most of us will be everlasting. 

 John Amos, known for his many roles in both television and film such as James Evans, Sr. of Good Times and Kunta Kinte of Roots was a part of the delegation.  Although Amos has traveled to other parts of Africa in the past, this was his first trip to Uganda.  Having a deep-rooted love for his mother continent, he found the trade mission to be a very moving experience, and a great success in yielding enormous opportunity for investment in the field of filmmaking.  Amos stated to the Ugandan people at a reception at Hotel Africana that “The image of Uganda worldwide will be put in the hands of your youth.  It will be their responsibility to take the image abroad and let the world know that this is a country of industrious people, peaceful people who live in a beautiful country”.  By the end of the trade mission, Amos pledged financial support to the Ndere Cultural Centre, one of the culture centers for the arts where he attended an astonishing performance.  He also plans to travel back to Uganda to further help with the development of the Ugandan film industry.

Although I have attempted it here, the complete sensation of the African experience is not one that can easily be described with words.  Whether it is for investing or for personal exploration, I highly recommend exploring the many countries of this large and beautiful continent.  The small taste with which I was blessed certainly awakened an appetite for Africa that will only be satiated by many return trips to this regal land. 

Little Known Facts About Uganda

Uganda is certainly one of the worlds best kept secrets for international trade mainly because of the negative imagery portrayed by western (White) media.  Although there does exist the devastating HIV/AIDS epidemic as well as the negative stigma left behind from Idi Amin’s rule from 1971 – 1979, there are many other facts about Uganda that gets very little attention from the media if any at all. 

For example, Uganda has been listed as a worldwide leader in entrepreneurship by the Global Entrepreneurship Monitor (GEM).  The 2003 GEM report reveals that Uganda’s Total Entrepreneurial Activity (TEA) index is the highest in the world at 29.2 signigying that 29 out of 100 Ugandans are engaged in some kind of entrepreneurial activity.  Germany, Japan, Italy and France have an index of less that 6% while the U.S. has an index of only 11.9%.  The report also demonstrates that while Uganda has the highest number of business activity, the average amount of money invested in these activities is very low.  Since 1991, over 2,000 enterprises of various sizes have committed in excess of  $2.5 billion in investment into the country for projects that range from agriculture, manufacturing, to transportation. For many investors, Uganda is an attractive investment location in Africa for the following reasons:

Strategic location that guarantees ready access to regional markets

A predictable and stable economic environment

A fully liberalized economy

An abundant natural resource base

Demonstrated governmental commitment to the private sector

Existence of a well-trained, english speaking workforce

Well-developed basic infrastructure  compared to other African  countries in the region

Uganda is strategically positioned within East and Central Africa – a region that includes some of Africa’s most economically important countries. This location at the heart of Sub-Saharan Africa, gives Uganda commanding importance as a base for regional trade and investment.

Since 1986, Uganda has implemented a radical economic program aimed at reversing the past economic stagnation of the country. As a result, the country has achieved macroeconomic stability characterized by over twenty years of low inflation, stable exchange rates and consistently high economic growth. Uganda currently ranks as the fastest growing economy in Sub-Saharan Africa and in many ways has come to reflect the new face of emerging Africa. 

Editorial & Photos By:     Dr. Linell C. King, MD

Dr. King is a Board Certified Physician of Internal Medicine as well as the publisher of Healthy Choices Magazine.  He can be reached at DrKing@healthychoicesmag.com.

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