Museveni: Uganda Investment & Trade Focus at International Buyers Week

Uganda Doubles Down on Export-Led Growth, Targeting Billion-Dollar Boost in 2025

Uganda is aggressively pursuing an export-led⁣ growth strategy, marked ⁢by significant gains in key sectors and a determined push towards value addition. Recent announcements ‍from President Yoweri Museveni and key ⁢government advisors signal a commitment to transforming the nation into a competitive global ‍exporter.

The first half of 2025 alone saw Uganda generate USD 5.23‍ billion in export revenue, fueled by strong performance in coffee, dairy, gold, and horticulture. Dairy production is especially noteworthy, reaching 5.4 billion litres ⁤ by the end of ⁤2024 with expanding markets in Nigeria and algeria. This success isn’t simply about ⁢volume; it’s about a strategic shift.

President Museveni emphasized a decisive move away from raw material exports, highlighting considerable investments in⁢ industrial hubs designed for processing. He⁣ directly invited⁤ international partners to contribute to this expansion, specifically seeking investment in processing plants, cold chain infrastructure, ⁤packaging⁤ facilities, and broader ⁢export support‍ systems.

This ⁣commitment extends to strengthening quality control.The government is ⁤bolstering sanitary‍ and phytosanitary systems and launching the Entebbe Free Zone Center of‍ Excellence. This facility will leverage AI,digital inspections,and shared⁤ resources to streamline export processes,reducing friction and accelerating trade.

However, ⁣officials recognize that current ⁤successes in agricultural exports, while encouraging, are not⁣ lasting long-term. Odrek Rwabwogo, Presidential ‍Advisor and Chairman of ⁣PACEID, passionately advocated for a mindset shift towards high-value⁤ manufacturing.⁤ He envisions uganda moving beyond commodities to produce electricals, pharmaceuticals, and even advanced technologies ⁣like aviation components and semiconductors.

“We have⁣ all the raw materials,” Rwabwogo stated,”It’s just confidence ⁢and consistency that we need.”

Supporting this ambition ⁤is a⁢ significant USD 400 million investment through the ⁢Parish Development⁣ Model, directly injecting funds – approximately USD 320 – into⁤ 3.6 million households. ⁢This initiative aims to stimulate ⁢agricultural production by empowering local farmers and providing crucial capital.

Crucially, the government acknowledges ‍infrastructure gaps. Rwabwogo highlighted an urgent need for ⁣increased refrigeration capacity (currently covering‍ only 30% of national needs), improved transport networks, and enhanced drying and storage facilities. Plans for aggregation parks – dedicated industrial spaces ⁤for efficient⁤ order fulfillment – are underway. ⁤

To further facilitate ‍trade, the government will establish trade houses to simplify market access for exporters and tighten food safety regulations to address non-tariff barriers.

Looking ahead, projections are optimistic.rwabwogo anticipates securing at least USD 1 billion in new business from engagements during the ongoing Uganda Connect International Buyers Week. President Museveni reinforced this message, urging international buyers ⁢to trust Ugandan suppliers while together⁣ challenging local exporters to meet rigorous global quality and packaging standards.

Uganda is demonstrably “open for business,” and actively building ⁢partnerships to drive trade, create employment, and foster ‍widespread prosperity. The Uganda Connect International Buyers Week, bringing together global buyers, investors, ⁢and Ugandan stakeholders, represents ⁢a ⁤pivotal moment in the nation’s journey towards sustainable, export-driven growth.

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