Gen. Wilson Mbadi launched the Uganda-Tanzania Trade Mission in Kampala on Tuesday, pushing forward plans from their May business forum. Both countries promised last year to boost trade, increase investments, and smash barriers blocking the free movement of goods, services, and money. Mbadi bragged about the East African Crude Oil Pipeline project that will rake in $20 billion, create tons of jobs, and supercharge energy and telecom sectors. He claimed Uganda remains dead-set on making business easier with lower costs and better market access.
Uganda's man in Tanzania, Col. Fred Mwesigye, boasted that trade between the countries exploded to $2.23 billion this year, up from $1.36 billion in 2023. Ugandan exports like cement, sugar, dairy, and medicines are selling like hotcakes in Tanzania. The Uganda High Commission is battling non-tariff barriers, setting up business matchmaking, and showing off investment chances in agriculture and manufacturing. The Private Sector Foundation Uganda joined the party with vice chair Sarah Kagingo talking up opportunities for Tanzanian companies in Uganda's agro-processing, construction materials, steel, dairy, pharmaceuticals, and consumer goods markets.
Uganda's man in Tanzania, Col. Fred Mwesigye, boasted that trade between the countries exploded to $2.23 billion this year, up from $1.36 billion in 2023. Ugandan exports like cement, sugar, dairy, and medicines are selling like hotcakes in Tanzania. The Uganda High Commission is battling non-tariff barriers, setting up business matchmaking, and showing off investment chances in agriculture and manufacturing. The Private Sector Foundation Uganda joined the party with vice chair Sarah Kagingo talking up opportunities for Tanzanian companies in Uganda's agro-processing, construction materials, steel, dairy, pharmaceuticals, and consumer goods markets.
