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Labrish
Nyuuz
Uganda chases billion-dollar deals as trade stalls
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[QUOTE="Munyaradzi Mafaro, post: 67902, member: 636"] Uganda has set an ambitious export goal of $1 billion through contracts expected during the Uganda Connect International Buyers Week from Nov. 25 through 28 in Kampala. Odrek Rwabwogo, who chairs the Presidential Advisory Committee on Exports and Industrial Development, said on Wednesday that organizers want to demonstrate the nation can deliver quality goods and processed products reliably to global markets. The committee's marketing director, Brenda Katarikawe, explained that more than 50 processed items will be featured as organizers work to match verified sellers with international purchasers. The event addresses ongoing trade obstacles such as limited access to foreign markets and regulatory barriers that hamper competitiveness despite increased production. Uganda maintains commercial offices in nine locations worldwide, from the Democratic Republic of Congo to China, with plans to enter additional territories across Africa, Asia, and the Middle East. Rwabwogo emphasized that removing trade restrictions remains essential, noting barriers persist even among African Continental Free Trade Area members. Export revenue has climbed from $4.8 billion in 2022 to an estimated $9.4 billion in 2025, yet much consists of raw materials like unroasted coffee and unprocessed gold. Officials stress the need to shift toward finished goods that generate greater returns for local producers. [/QUOTE]
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Nyuuz
Uganda chases billion-dollar deals as trade stalls
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