Uganda: economy expanded by 8.5% in last quarter in December
Uganda's economy expanded by 8.5% during the financial quarter ending in December 2025, driven by robust consumer demand and significant activity in sectors such as construction. This marks an increase from the 5.4% growth observed in the same quarter of…
Uganda's economy expanded by 8.5% during the financial quarter ending in December 2025, driven by robust consumer demand and significant activity in sectors such as construction. This marks an increase from the 5.4% growth observed in the same quarter of the previous year.
Strong consumer demand. Increased activity in construction and other sectors.
Uganda's economy expanded by 8.5% during the financial quarter ending in December 2025, driven by robust consumer demand and significant activity in sectors such as construction.
The Finance Ministry announced that the construction of a $5 billion pipeline intended to facilitate the export of Uganda's crude oil through Tanzania's coast is nearing completion, with only 20% remaining. This project is expected to significantly impact Uganda's economy, with projected revenues of 2.2 trillion Ugandan shillings ($587.04 million) from oil exports in the upcoming financial year.
Based on reporting by Africanews.
