Uganda just opened a massive starch processing facility in Namasagali that cost around 50 million bucks, and President Museveni showed up to cut the ribbon with his wife. Dr Matthias Magoola built the thing under Dei BioPharma on over 5,000 acres, and it turns cassava into pharmaceutical-grade materials that the country used to import at crazy prices. The scientist said this is the biggest operation of its type on the continent, and the whole project has pulled in more than 150 million dollars, with plans to eventually hit 10 billion.
Magoola dropped some wild stuff about developing a foot-and-mouth disease vaccine that Africa has never had before, plus he mentioned working on diabetes drugs that could bring in 15 billion to the economy. The government has already committed over 200 million toward a separate pharma facility in Matugga, and there are plans for a massive hospital treating sickle cell and cancer. Farmers in the region are hyped because the plant will buy tons of cassava daily and give them a stable market after years of struggling with sugarcane.
Magoola dropped some wild stuff about developing a foot-and-mouth disease vaccine that Africa has never had before, plus he mentioned working on diabetes drugs that could bring in 15 billion to the economy. The government has already committed over 200 million toward a separate pharma facility in Matugga, and there are plans for a massive hospital treating sickle cell and cancer. Farmers in the region are hyped because the plant will buy tons of cassava daily and give them a stable market after years of struggling with sugarcane.
