The meeting focused on potential partnerships in sovereign financing, infrastructure development and capital market engagement. Cloud Chain Securities, a licensed financial institution, has extensive experience in supporting sovereign bond issuances in emerging markets, particularly in navigating complex legal and regulatory compliance frameworks related to sovereign bonds and development financing.

Discussions highlighted the opportunity to leverage Uganda’s infrastructure financing needs, the strengths of Macau and Luxembourg capital markets, and the company’s professional execution capabilities to support Uganda’s long-term development agenda.

Mr Bagonza, who also serves as Speaker of the Buruuli Kingdom, presented Mr Chen with Ugandan coffee and underscored the vast potential of Uganda’s coffee industry. He encouraged him to promote Ugandan coffee among business networks in China, noting its growing importance as an export commodity and a driver of rural livelihoods.

Mr Bagonza was accompanied by Hon. Grace Tubwita Bagaya, Member of the Public Service Commission and Minister for Trade and Industry in the Buruuli Kingdom, and Bishop Herbert Buyondo, Board Member of the Inter-Religious Council of Uganda and Minister for Development Projects in the Buruuli Kingdom.

China remains one of Uganda’s most important development and investment partners. To date, over 800 Chinese enterprises are registered with the Uganda Investment Authority and operate across key sectors including manufacturing, construction, energy, mining and agriculture.

These companies have invested billions of dollars in Uganda’s economy and are estimated to support tens of thousands of direct and indirect jobs, contributing significantly to skills transfer, industrialisation and export growth.