Africa’s richest man Aliko Dangote told investors "Agriculture, agriculture, agriculture. Africa will become the food basket of the world." In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international diplomats invited by the Corporate Council for Africa to hear
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Museveni: Agro-Processing, Industrialization To Make Uganda World Class Country
President Yoweri Kaguta Museveni has said Uganda is fast becoming a middle-income country with vast investment opportunities in agro-processing, industrialization and the service based sector. "Uganda is moving towards becoming a fast world country based on four sectors; commercial agriculture, industries, services and ICT," he said. The President was meeting
Read MoreAgribusinesses Replace Minerals To Restart African Economic Growth-New Report
The power of entrepreneurs and the free market is driving Africa’s economic growth from food production, as business wakes up to opportunities of a rapidly growing food market in Africa, that may be worth more than $1 trillion each year by 2030 to substitute imports with high value food made
Read MoreLocal and international agricultural exporters in the coffee, tea, cotton & cocoa sectors on Wednesday converged at Sheraton Hotel, Kampala to find solutions to production, market and financial related issues. The breakfast meeting was organized by dfcu Bank. Uganda’s agricultural products constitute 80% of her total exports and while the
Read MoreThe market for mushrooms is yet to be fully exploited in Uganda. A few farmers who have mastered the art of growing the nutritious delicacy are making a killing from it. Laura Kahuga, a civil servant working with the Ministry of Finance as a Foreign Service Officer is one of
Read MoreThree large Ugandan firms are set to make millions after they were exclusively allowed to bring poultry products into Kenya. Kenya has partially lifted the ban on the products from the neighbouring country after an eight-month embargo that saw chicken and eggs locked out of the KSh500 million market following
Read MoreMaize from Uganda is flowing into Kenya, setting the stage for a reduction in grain prices. According to the Eastern Africa Grain Council (EAGC), Kenya has imported 1,396 tonnes from Uganda in the past week. The maize, which is retailing at an average KSh2, 846 for a 90-kilogramme bag and
Read MoreUganda's President Yoweri Museveni has expressed gratitude over the progress made at Lutunku Community Polytechnic. This followed testimonies given by old boys and girls of the institution. The visibly excited former students testified how the skills acquired from the institution have helped them generate income leading to the transformation of
Read MoreThe Government of Uganda (GoU) has spoken out on its decision to close coffee factories in greater Masaka, a move that has left hundreds of coffee farmers in the area helpless. Vincent Bamulangaki Ssempijja, the Minister Of Agriculture, Animal Industry And Fisheries last week issued a statement on the floor
Read MoreVincent Maali is a budding commercial farmer in newly created Kakumiro district. Two years ago, he abandoned his accounts profession to embark on farming on his daddy’s land that wasn’t properly utilized. He drew inspiration from stories of successful commercial farmers as well as his own research. Today, Maali has
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