Recent figures from the Uganda Bureau of Statistics (UBOS) indicate that Uganda's agriculture sector is experiencing significant growth, primarily driven by a surge in coffee exports, which have reached record levels and generated billions of dollars. This trend highlights the importance of coffee in the country's export performance, suggesting a reliance on this single crop for agricultural success.

Uganda is poised for significant economic transformation with the introduction of the Tenfold Growth Strategy, as outlined in the Budget Speech for FY 2026/27. This strategy aims to propel the country towards becoming a 500-billion-dollar economy, marking a shift from incremental progress to ambitious growth. The government emphasizes a new approach focused on substantial economic leaps rather than gradual improvements, signaling a pivotal moment in Uganda's pursuit of prosperity.

According to the IMF's latest Regional Economic Outlook, Uganda is projected to be one of the fastest-growing economies globally over the next two years, despite a challenging environment for sub-Saharan Africa due to external shocks. The report highlights that while the region faces higher energy costs and tighter financial conditions, Uganda's growth is expected to accelerate significantly, driven by its oil sector.

Kenya has introduced a KSh1.08 trillion investment strategy aimed at transforming its agricultural sector over the next five years. The plan, known as the "National Agri-Food Systems Investment Plan" for 2026-2030, anticipates significant private sector involvement to cover nearly half of the total costs, as the government seeks to modernize food production systems and enhance productivity in the sector.

On July 2, 2026, the Islamic Chamber of Commerce and Industry Uganda (ICCIU) held its inaugural Business Dialogue focused on the potential of the global halal economy for Ugandan businesses. The event took place at the Uganda Investment Authority Auditorium in Kampala and was conducted in a hybrid format, allowing both online and in-person participation.

In April, Uganda's private sector showed increased activity, with the headline purchasing managers' index rising to 55, its highest in five months, according to the Bank of Uganda's business tendency survey. Financial services experienced their strongest growth ever, indicating strong confidence in the sector, despite ongoing fuel-driven cost pressures. However, the survey also suggested that the underlying momentum may be losing some of its earlier strength.