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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

Embrace cross-border trade, women urged

Published on August 25, 2016
Industrialist Maggie Kigozi has urged Ugandan women business leaders to harness business incentives that regional governments have provided to expand their businesses beyond borders. Speaking at a regional symposium and recognition awards dinner for the most influential women in business and the government last Friday, Ms Kigozi said one of the main incentives they have been given is security.  Industrialist Maggie Kigozi said, Our biggest asset is security. Without security, there is no business. We have economic stability. Inflation has been curbed, administrative barriers have been removed, we have a working civil service and technology is helping us bypass the bureaucratic administration. Read more. Source | Daily Monitor  
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To curb post-harvest losses, hope lies in strengthening cooperatives

Published on August 25, 2016
Post-harvest losses are food losses. Each step of the way from farm to market, there are more and more losses. In a developing country like Uganda, food security relies on producing and storing major staple crops such as grain. However, post-harvest commodity losses remain particularly high.More than 25 per cent of the grain produced is lost in the entire post-harvest chain before reaching the consumer. Read more. Source | Daily Monitor
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Crowdfunding is growing, and East Africa fast becoming hub for cash

Published on August 18, 2016
East Africa is emerging as a hub for crowdfunding. The online platforms — which also offer grants, endowments, debt and equity — raised $37.2 million in 2015 in Kenya, Rwanda, Tanzania and Uganda. Research on crowdfunding — the pooling of money by many individuals for equity investment in startups — and peer-to-peer (P2P) finance show that last year, the nascent segment raised $22 million for investments in Kenya, $7.5 million in Uganda, $4.2 million in Tanzania and $3.5 million in Rwanda. Impressive growth rates of between 112 per cent in Kenya and 312 per cent in Uganda were recorded. In Rwanda, crowdfunding grew by 169 per cent and 281 per cent in Tanzania. Read more. Source | East African 
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Develop mobile money infrastructure to raise financial inclusion, EAC told

Published on August 17, 2016
East African Community states need to develop rural infrastructure (especially electricity and ICT) to enhance mobile phone penetration and facilitate its use. The call was made by experts in reaction to the 2016 Brookings Financial and Digital Inclusion Project Report, which, despite showing substantial progress toward advancing financial inclusion in regional countries, indicates there is room for improvement. The report, released last week, evaluates commitment to and progress toward financial inclusion across 26 countries. It says Kenya retained its position as the highest-ranked country in the study by a five percentage point margin. Read more. Source | New Times
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Bank mentors women entrepreneurs in doing business

Published on August 15, 2016
Women entrepreneurs are going to benefit from a tailor made programme that seeks to provide business training and legal counsel for them in their day-to-day business affairs. The dfcu Bank managing director, Mr Juma Kisaame, said the contribution of women to the economy has been steadily growing over the years. The timing of the training comes at a time when Uganda is aspiring to become a middle income country by 2020. For this to happen, Mr Kisaame said the country needs to build a strong and vibrant private sector able to create jobs and tax revenue for the government. Read more. Source | Daily Monitor
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Comesa to train suppliers on markets

Published on August 15, 2016
Lack of information to local, regional and international markets is one of the biggest challenges small agro-food suppliers are experiencing, thereby missing out on contracts offered by large retail outlets and hotel chains. In trying to close this gap, the Common Market for Eastern and Southern Africa (Comesa) business council (CBC) through a ‘Local Sourcing for Partnerships Project (LSP) training phase two, will teach small suppliers on how to access these markets. According to Ms Sandra Uwera, the CBC executive director, the second training phase which is on at Kampala Serena Hotel today, Friday, will see selected suppliers be mentored on closing these market gaps. The programme is supported by the Private Sector Foundation Uganda. Read more. Source | Daily Monitor
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Uganda to formulate strategy to maximise AGOA benefits

Published on August 11, 2016
Can Uganda make anything out of the extended AGOA law that guarantees duty free and quota free entry of 6000 products to the US? The answer to that question depends on the outcome of a process by which through the East Africa Trade and Investment Hub Uganda’s strategy on export under AGOA will be refined especially focusing on three export items. Watch the US Ambassador to Uganda H.E Deborah Malac  make her remarks during a press briefing at the US Embassy ahead of the 2016 AGOA forum scheduled to take place on 26th September, in Washington DC.    
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US envoy advises Ugandan firms on AGOA

Published on August 11, 2016
The US Ambassador to Uganda H.E Deborah Malac said Ugandan firms have not taken as much advantage of the US governments African Growth Opportunity Act (AGOA) to grow. This is mainly a result of the negative perception Ugandans have towards it. She made the remarks during a press briefing at the US Embassy ahead of the 2016 AGOA forum scheduled to take place on 26th September, in Washington DC. AGOA provides duty-free access to the US Market for eligible products giving beneficiary countries an upper hand over non AGOA countries. Ambassador Malac says AGOA provides benefits to Ugandan companies and one of the tools to help the country achieve middle income status. Read more. Source | KFM Uganda
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