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Uganda

The Hub's accomplishments in Uganda to Date:  

  • To date the Hub has supported 116 firms and associations to increase their export competitiveness
  • 17 firms have been supported to participate in various trade shows resulting in 54 business linkages
  • Hub facilitated AGOA exports as at June 30 2017 stood at $346,171
  • Exports to other market destinations as a result of Hub support are $20,200
  • Due to the expanding export opportunities, 378 new full time equivalent (FTE) jobs have been created, 96% of which are for women
  • Facilitated $5,798,280 new private sector investments
  • Supported 1 firm to attain international export certification standards

Related Blogs and Resources

Uganda’s exports register Shs1.7 trillion increase

Published on January 17, 2018
As much as Uganda recorded a 14 per cent increase in the value of its exports in 2017 compared to the previous year, a lot needs to be done especially on the supply chain constraints. Bank of Uganda (BoU) records as of November last year show that the country exported goods and services (both formal and informal) worth Shs11.5 trillion, up from Shs9.8 trillion registered the previous year. Read more. Source | Daily Monitor
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Why Uganda should process raw materials into finished products

Published on January 17, 2018
Uganda is mainly an agricultural country, whose biggest population (80 per cent) live in rural areas and depend on subsistence agriculture.  Consequently, many economic and policy experts have urged government to increase its annual budget allocation to for meaningful social economic transformation to take place from the current 7 per cent to 15 per cent of Gross Domestic Product as recommended by the Maputo Declaration of 2003. Read more. Source | Daily Monitor
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Free zones authority signs pact to promote investment, trade

Published on December 14, 2017
The Uganda Free Zones Authority (UFZA) has signed a Memorandum of understanding (MoU) with Trademark East Africa (TMEA) to guide the formation of an investment, trade and logistics hub in Jinja District as well as promote collaboration between the two organisations. The logistics hub in Jinja is expected to boost economic growth, create employment and contribute towards sustainable and inclusive prosperity of the region by promoting the reduction of trade barriers and ensuring improved business competitiveness. Read more. Source | Daily Monitor
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Another Ugandan coffee shop enters US market

Published on December 14, 2017
Uganda Coffee Development Authority (UCDA) has called for actualisation of policy prescriptions such as the action plan on Economic Diplomacy by the ministry of Foreign Affairs and ministry of Trade’s National Export Development Strategy to help more Ugandan firms expand business abroad. These policies, UCDA’s market intelligence manager James Kizito, told Daily Monitor have a component of increasing Uganda’s exports with an emphasis on value added exports and service exports. Read more. Source | Daily Monitor
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Mutukula border facility to be launched today

Published on November 14, 2017
Uganda’s President Yoweri Museveni and Tanzania’s President John Pombe Magufuli will today officially launch the $12 million (Shs43.8 billion) Mutukula One Stop Border post (OSBP) facility that is aimed at reducing the cost of doing business. The United Kingdom’s Development for International Development (DFID) funded the infrastructure component while the Canadian development agency and Global Affairs financed the operationalization of facility through Trademark East Africa. The OSBP is a “one stop” form of border crossing point jointly managed by neighboring countries and where activities are streamlined to maximise efficiency. Read more. Source | Daily Monitor
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Government urges traders to embrace electronic system

Published on November 09, 2017
Ministry of Trade has urged clearing agents and traders to embrace the Uganda Electronic Single Window System in order to speed up trade and customs clearance activities for goods and services. The electronic single window, launched in 2016 by the ministry, is an online trade facilitation government initiative that, among others, enables international cross- border trade.  Through the system, traders are able to electronically submit their documents and information for clearance and certification to various government and regulatory agencies from a single location. Read more. Source | Daily Monitor
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Innovations facilitating economic growth

Published on November 09, 2017
The Ugandan economy is not yet technology driven, but there are several innovations in the country that continue to show a future where technology is a major player. Notably, the innovations around Fin-Techs have completely transformed the banking sector and exchange of goods. In banking, the rise of mobile money has led to banks innovating products that reduce queues in banking halls. The innovation ecosystem continues to grow and this shows in the entries made into awards. At least 45 innovations are targeting Shs92.7m to win the MTN Innovation Awards 2017. Read more. Source | Daily Monitor
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Shs400m initiative to boost innovation

Published on August 24, 2017
Brainchild Burson-Marsteller has announced its Shs400m project to stimulate innovation in business and service delivery. The project dubbed “innovation series” is a pack of leadership events to be held in Kampala three times a year.  “Through the innovation series, we seek to bridge the current innovation gap in the country by inspiring business owners to invent and seek new solutions to their challenges and those of their customers,” Brainchild Burson-Marsteller business unit head Walter Wafula told guests on Monday in Kampala. Read more. Source | Daily Monitor
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