KAMPALA — President Yoweri Museveni has appointed Richard Byarugaba and Moses Sabiti as senior presidential advisors, a move aimed at bolstering Uganda’s ambitious target of reaching 100 billion dollars in exports by 2045.
The two will join the Presidential Advisory Committee on Exports and Industrial Development, or PACEID, where they will focus on export funding, infrastructure, and product aggregation.
The appointments come as PACEID transitions into a second phase, dubbed PACEID 2.0. Committee chairperson Odrek Rwabwogo said the team has already surpassed its previous 6 billion dollar target and is now looking to establish 1,000 new export entities in the industrial and agricultural sectors.
“I thank the president for responding to our call to get professional and experienced people to support our new approach to growing exports for Uganda,” Rwabwogo said.
Byarugaba, who previously led the National Social Security Fund, is credited with growing the fund’s assets to 17 trillion Ugandan shillings. Sabiti, the former country director for Trademark Africa, has extensive experience in trade facilitation and infrastructure development, including the construction of key border trade centers.
Under the new 100 billion dollar strategy, the advisors will work to remove trade barriers and secure investment for value-addition centers to meet rising international demand for Ugandan products.
