In the years before the Covid19 crisis, the ICT Sector in Uganda has been growing at an average rate of around 20% per annum resulting in an average contribution to GDP of 2.5%. This number has decreased in 2020 due to the Covid19 crisis, by how much is not known yet. Uganda's real gross domestic product (GDP) growth in 2020 is projected to be between 0.4 and 1.7% compared to 5.6% in 2019.
The sector is one of the most competitive and fastest growing sectors in the country, largely driven by the telecommunications subsector. Both as a sector and as an enabler for other sectors, the growing use of ICTs in Uganda has created widespread demand for IT products and services, as well as IT enabled services (ITES).
Uganda's IT & ITES market growth has been supported by the country's favourable time zones and large pool of skilled, inexpensive labour. There are a reasonably high numbers of undergraduates and graduates coming out of the local institutions each year with an IT background, and more with skills applicable to ITES. As a result, Uganda has a good level of entry-level skills in IT and abundant resources for business process outsourcing.
Together with the country's liberal business environment, the sector's growth and competitiveness has already attracted global players such as Microsoft, Cisco, Samsung, and TechnoBrain all of which have set up operations in Uganda and operate alongside growing local enterprises with some international experience. Ugandan SMEs in the IT&ITES sectors have potential to grow and further internationalise.
The NTF IV Uganda aims at strengthening SMEs, and it seeks to influence policy makers and regulators, Trade and Investment Support Institutions and private trade/business support providers, as well as international private sector market partners in creating a supportive environment for enterprises in IT and IT enabled services sector.
The intermediary outcomes of NTF IV are as follow:
15 February 2021
Ugandan food hub connecting farmers to consumers speeds up, boosting business and local production
ITC International Trade Centre : Ugandan companies ready to break into European Edu-Tech markets
12 February 2021
Ugandan tech startup Minute5, Links farmers to consumers
11 February 2021
A Uganda based eCommerce platform, Minute5, has moved to the AWS (Amazon Web Services) cloud computing platform
28 December 2020
5 Startups Share $10,000 From The NTF IV Grant Program
25 August 2020
Kampala Innovation Week 2020: What You Need to Participate in the Virtual Event
7 July 2020
Story: why should your start-up move to Uganda
23 April 2020
Ugandan start-ups innovate to tackle Covid-19 challenges
6 April 2020
Story: Ugandan start-ups part of the solution during COVID-19
24 November 2019
Doing business with European I.T companies - What are they looking for?
31 January 2019
Foreign Service Officers Trained on Marketing Uganda's Exports, Attracting Investment
18 August 2018
Zimba women intensifies youth empowerment programs, outs 27 female graduates/
24 May 2018
ITC launches Netherlands Trust Fund IV project to increase the competitiveness of technology companies in Uganda