In major rejig, Uganda is jumping into deep tech

As Uganda seeks to fix on the world map, it is one step into a rather lofty journey into deep technologies. This comes amid efforts to strengthen its economy, enhance productivity, and create sustainable job opportunities for a burgeoning youth population. 

The just-held Uganda Deep Technology Summit, organized by the Science, Technology, and Innovation Secretariat alongside Open Start-up Tunisia and FutureLab, projected the country’s commitment to leveraging deep tech as an economic growth and innovation engine.

During the summit, Dr. Monica Musenero, Uganda's Minister of Science, Technology, and Innovation, spot-lit the government's vision to take GDP from USD 55 billion to USD 550 billion by 2040. This Tenfold strategy is big on the role of science and technology in achieving transformative economic change. 

Historically, Uganda has a (however less) vibrant ICT sector, particularly in software development and mobile applications. But as the global economy increasingly embraces artificial intelligence, biotechnology, and robotics—Uganda is shifting focus to reinvent its economy. 

“By harnessing scientific discovery and engineering innovation, Uganda is ready to tackle challenges in healthcare, agriculture, clean energy, and beyond while promoting economic growth and societal impact,” Dr. Musenero stated.

Deep tech encompasses various fields, which promise solutions to some of the market’s long-standing issues. Investing, Uganda aims to not only up its local capabilities but also position as a player in the global tech landscape.

The summit was a convergence point for global thought leaders, innovators, and investors. Industry experts from the U.S., France, South Africa, and Tunisia, including Richard Rabbat, CEO of Lighty AI, hit on building human capital within startups, noting that “aligning timing and talent is essential for long-term success”.

Tunisian rep Alaya Bettaieb pictured his country’s foray into deep tech, highlighting the role of government support and creating a nurturing startup environment. The Tunisian Deep Tech Fund, instrumental in providing resources for high-potentials, led to a jump in the count of active tech firms from 10 in 2013 to over 200 in 2023.

This progress narrative is encouraging for Uganda. Historically it has a foundation in software development and ICT—however, there is much room for more. Deep technology is pivotal in addressing complex challenges requiring huge investment and expertise.

A key takeaway is the influence collaboration has on innovation. Alvaro Garcia Picazo, founder of Hello Tomorrow in France, stressed the significance of R&D strategies in maintaining competitive edge. He urged policymakers to create an environment encouraging collaboration between startups and big corporations.

Despite the opportunity, Uganda faces hurdles. A primary one is talent shortage; it must invest in education and vocational training to groom a workforce capable of driving the transition. Enhancing the quality, particularly in STEM fields, will be crucial for meeting the sector’s demands.

Another challenge is infrastructure deficiency. Reliable internet connectivity, research facilities, and innovation hubs are essential for nurturing an ecosystem conducive to deep tech advancements. It also needs to prioritize infrastructure development to create a supportive environment.

Access to capital remains a significant obstacle for startups and research initiatives. Funding-wise, Uganda is one of the less-represented tech economies in Africa. Setting up mechanisms to attract investment is essential. Public-private partnerships can play a vital role bridging the gap and fostering government-private sector collaboration.

The regulatory environment is equally important. Policymakers must create a transparent and conducive framework that protects intellectual property while encouraging investment and innovation. Establishing clear regulations can enhance Uganda’s attractiveness to local and foreign investors.

Collaboration among stakeholders is key. Engaging with global players in the tech industry can provide Uganda with the necessary knowledge and resources to enhance its capabilities. Partnerships between startups and established corporations can accelerate innovation and create a dynamic ecosystem that nurtures homegrown solutions.

Lessons from neighboring countries offer insights. Rwanda, for instance, has made strides via investments and government support. Initiatives like the Rwanda Space Agency and Kigali Innovation City demonstrate this. Teaming with educational institutions, Rwanda has successfully cultivated the talent necessary for its technological ambitions.

Uganda's journey into deep tech is not only about catching up with global trends but about addressing pressing local hamstrings. As it positions at the intersection of technology and economic development, it has the potential to become a leader in Africa’s technological renaissance. The collective ambition of stakeholders reflects commitment to reimagining economics.

The move also aligns with a broader trend across Africa, where nations increasingly recognize the transformative power of new tech, chiefly AI. The shift reflects a changing landscape where knowledge-based industries play a pivotal role in economic development, moving beyond traditionals like agriculture and mining.

Ultimately, Uganda's foray into deep tech mirrors its desire to break free from traditional economic constraints and harness the power of innovation. Embracing deep technology, it aims to enhance its global competitiveness and improve the lives of its citizens through innovative solutions.