The Uganda consulate in Guangzhou, China Ambassador Judyth Nsababera, and her entourage visited the HUAHUI Group and factory production line ,Negotiation with General Manager Irivn Young of cooperation on solar energy related products on September 5, 2023
HUAHUI Group is a subsidiary core business company of Guangdong SACA Precision Manufacturing Co., Ltd. (stock code 300464), located in Nanshan District, Shenzhen, China, with overseas subsidiaries and offices in the United States, Germany, France, Japan, and the Middle East.The HUAHUI Group owns popular global and critically-acclaimed brands including Paris Rhône, Aspiron, VAVA, and more. Its brands hold a significant market share on large overseas e-commerce platforms such as Amazon and mainstream offline channels and supermarkets around the world. It has long focused on the design, development, and sales of small household appliances, smart audio,and smart accessories. HUAHUI’s products are loved and recognized by tens of millions of users in more than 60 countries and regions.
Ambassador Judyth Nsababera,introduce that Uganda also known as ‘The Pearl of Africa’ – for its beautiful scenery, abundance of wildlife, pleasant ‘warm all year round’ climate, and friendly and hospitable people. With favorable climate, fertile soils and a wide range of natural resources, Uganda remains one of the fastest growing economies in Africa offering opportunities in Agriculture, manufacturing, mining, construction and services. Ambassador Judyth Nsababera said that The new middle class in Uganda is emerging, since the price of electricity in Uganda is still very high compared to the local income level, A lot of newly built apartment built with Strong demand for solar PV systems and energy storage systems, ambassador give high praise to the balcony photovoltaic energy storage system of Paris Rhône, and said that they will actively promote the sales of Paris Rhône in Uganda by the Ministry of Commerce in the country.
After the meeting, the ambassadors accompanied by the staff, visited the factory and had an in-depth communication on the cooperation of Paris Rhône ‘s new balcony photovoltaic energy storage system.
Balcony photovoltaic energy storage system,have three main distinguishing features:easy installation, plug-and-play, and inexpensive cost. Saves the householder about 1/3 of the electricity bill，The advantage of this type of equipment is that its technical simplicity and low procurement costs make it an introductory option for tenants and condo owners to enter the realm of home-grown solar power,
As government representatives in China, Nsababera said it is her aspiration to see more and more Ugandans taking up the huge opportunities this country offers.It is our view that the growth of Ugandan owned businesses in China can lead to increased remittances from China to Uganda which will ultimately contribute to Uganda’s national development. Accordingly, the Consulate has been organizing a series of business forums for our Diaspora in China to motivate them take advantages of the business opportunities in China.
According to World Bank data, the minimum threshold for lower middle income is a national income per capita of $1,036.At current prices, Uganda’s GDP per capita has increased to $1,046, or 3.7 million Ugandan shillings.if this level of national income is maintained for three consecutive years, Uganda will join neighbors Tanzania and Kenya, officially becoming a lower middle income country.
Uganda is a member of regional organizations such as the East African Community (EAC) and COMESA.Since President Museveni came to power in 1986, Uganda has adopted a policy of economic liberalization, encouraging foreign investment and business, and implementing free currency exchange and free movement of currency in and out of the country.
The country has been practicing free currency exchange and free entry and exit of currencies, as well as providing tax exemptions and reductions for technologically and technologically advanced industries.
As a result of these policies, Uganda’s economy has been growing at a fast pace and the business environment has been improving.In Africa, Solar energy is currently used primarily for off-grid electrification for rural communities, as well as for solar cooking, and providing water heating and power to public buildings, for example hospitals,Solar cooking also holds a significant potential in the country, with a large number of the population living in well-isolated areas, without access to energy services.
The Government of Uganda has made remarkable progress in recent years, with power sector reforms and other incentives to speed the rate of connections. This has led to an increase in the total installed power capacity to 1,250MV, a total which is expected to increase further with the completion of the Karuma Dam. This means that Uganda’s electricity sector has now shifted from having capacity shortages to having an excess of electricity supply, with this excess generation capacity envisaged to last until 2040.
The East African Community (EAC) is a regional international organization consisting of seven countries: Kenya, Uganda, Tanzania, Burundi, Rwanda, South Sudan and the Democratic Republic of the Congo.The purpose of EAC is to strengthen cooperation among member States in the economic, social, cultural, political, scientific and technological and diplomatic fields, to coordinate industrial development strategies, to jointly develop infrastructure, to achieve the sustainable economic and social development of member States, and to progressively establish a customs union, a common market, a monetary union and, ultimately, a political union.The East African Community became a geopolitical entity of 300 million people bordering the Indian Ocean to the east and the Atlantic Ocean to the west.
Founded in 1915, Paris Rhône is devoted to creating innovative products that add convenience to customers’daily life and improve their life quality.Over 100 years have passed, and Paris Rhône remains committed to providing superior-quality, reasonably priced products to our customers around the world.
Uganda consulate Ambassador Judyth Nsababera visit Paris Rhône Energy Headquarters ,must boost businesses to Uganda and kenya, Africa