KAGERA, Nov. 7 -- KAGERA Regional Commissioner, Ms Fatma Mwasa has welcomed local and international investors to take advantage of the abundant opportunities available in the region, citing its favourable investment climate across multiple sectors.

She assured potential investors that Kagera is well prepared for investment, highlighting the availability of fertile land, security, absence of bureaucratic hurdles and a reliable workforce.

The improved investment climate follows the enactment of the new Investment Act, 2022, by the sixth phase government under the leadership of President Samia Suluhu Hassan.

The new law slashed the minimum capital requirement for local investors to 125m/-, which is ten times lower than the 1.25bn/- requir...