The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Uganda  
Rank: 100 · Score: 27.8  

Basic facts, 2020        
Population (millions) 45.7   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 37.2   M&A volume (quartile) 3rd
GDP per capita (US$) 813.7   Venture capital investments (quartile) 2nd
GDP growth (per cent) 2.6   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 100 24, 26, 26, 28, 25 27.8
1 Economic Activity 67 66, 63, 53, 55, 58 70.8
2 Depth of Capital Market 98 17, 25, 26, 27, 27 10.1
3 Taxation 93 50, 50, 48, 43, 32 82.4
4 Investor Protection and Corporate Governance 84 43, 41, 44, 44, 41 58.4
5 Human and Social Environment 105 14, 13, 16, 18, 20 22.5
6 Entrepreneurial Opportunities 101 30, 34, 33, 26, 24 31.3


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Uganda  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Zambia 60.7 16.9 96.1 57.4 22.4 30.4
Algeria 71.6 9.1 88.1 44.4 28.9 44.8
Malawi 52.6 12.4 79.8 60.2 23.1 29.6
Uganda 70.8 10.1 82.4 58.4 22.5 31.3
Ivory Coast 70.2 9.4 57.8 50.0 27.0 26.9
Ethiopia 78.4 5.4 84.4 29.5 24.7 39.1
Mozambique 46.7 8.6 78.0 36.1 16.4 31.4
Last updated: 21 Jun 2021