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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

Trade in East Africa

Published on June 13, 2016
A regional club of six countries, the EAC is now the most integrated trading bloc on the continent. Its members agreed on a customs union in 2005, and a common market in 2010. The region is richer and more peaceful as a result, argues a new paper* from the International Growth Centre, a research organisation. Many things boost trade, from growth to international deals. The researchers use some fancy modelling to pick out the effect of the EAC. They find that bilateral trade between member countries was a whopping 213% higher in 2011 than it would otherwise have been. Trade gains from other regional blocs in the continent are smaller: around 110% in the Southern African Development Community (SADC), and 80% in the Common Market for Eastern and Southern Africa (COMESA). Read more. Source | The Economist
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AGOA Preparedness Workshop Uganda Presentation - By Margaret Waithaka, Value Chain Development Specialist

Published on June 10, 2016
AGOA Preparedness Workshop  Uganda Presentation -  By Margaret Waithaka, Value Chain Development Specialist. The East Africa Trade and Investment Hub (the Hub) is the one-stop shop in the East African region for businesses and national governments seeking to take advantage of the African Growth and Opportunity Act (AGOA). 
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AGOA Preparedness Workshop Uganda Presentation - By Finn Holm-Olsen, Director Trade Promotion and AGOA

Published on June 09, 2016
AGOA Preparedness Workshop Uganda Presentation -  By Finn Holm-Olsen, Director Trade Promotion and AGOA. The East Africa Trade and Investment Hub (the Hub) is the one-stop shop in the East African region for businesses and national governments seeking to take advantage of the African Growth and Opportunity Act (AGOA). 
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IDC to invest R12 billion for textile and clothing industry

Published on June 09, 2016
  The Independent Development Corporation (IDC) says it has invested about R12 billion in the textile and clothing industry in 2015. The IDC is one of the exhibitors at Source Africa - the annual pan-African textile, clothing and footwear trade event that brings together manufacturers, buyers, suppliers and service providers from across the continent, Asia and even the United States of America,currently taking place in Cape Town.  In 2016 the trade show has more of an international flavour with exhibitors from China and the USA. An exhibitor from USAID, Finn Holm-Olsen, says investment into Africa keeps expanding. The Trade Promotion and AGOA Director, East Africa Trade and Investment Hub , Mr. Finn Holm-Olsen said, Four or five years ago it was really a struggle to get buyers to come to Africa. That is not a problem anymore - they are coming in droves  Read more. Source | SABC
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Managing Uganda’s Public Investment Better Will Bring Higher Returns

Published on June 07, 2016
Public investment management has the potential to help Uganda address its current constraints on growth, particularly the country’s infrastructure deficit, according to the latest economic update for the country. The seventh edition of the Uganda Economic Update discusses Uganda’s current strategy of building its capital stock in energy and transport infrastructure, highlighting how these investments can drive faster economic growth and improve people’s lives. The update also stresses the need for improving public investment management, to facilitate delivery of public services, connect citizens and enterprises to economic opportunities, improve productivity, and create jobs for the country’s large and growing population. Read more. Source | World Bank
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Africa must set itself higher targets to get ahead

Published on June 06, 2016
NTV’s Laban Cliff Onserio interviewed the former Kenyan MP and Trade minister on the sidelines of the recently concluded World Economic Forum (WEF) on Africa in Kigali, Rwanda. On Eastern Africa accomplishing its economic potential, secretary general of the United Nations Conference on Trade and Development (UNCTAD), Dr. Mukhisa Kituyi said, Eastern Africa has realised the most stable increase in FDIs in spite of the slowdown globally. It’s very telling, if the conditions improve in East Africa, the possibility of becoming a major driver in manufacturing-related investments  exists in a scale that has not been witnessed before. That said, there has to be a coherence between the spoken and the implemented.  Read more. Source|Business Daily
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Topic of Regional Economic Integration at AfDB

Published on June 03, 2016
The African Development Bank's annual meetings kicked off in Arusha this week, with a host of activities, including the launching of the 2012 African Economic Outlook. This is to be followed by the inauguration of another report about private sector development in the continent. ABN's Godfrey Mutizwa spoke to Uledi Mussa, Deputy Permanent Secretary of the EAC Ministry and Nkosana Moyo, Executive Chairman of Mining at the Mandela Institute of Studies. Read more. Source | CNBC
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EAC countries asked to enact laws on Foreign Direct Investments

Published on June 03, 2016
East African countries have been advised to formulate a legislation through which Foreign Direct Investments (FDIs) into the region can be regulated and monitored.The legislation should make sure that a region doesn't receive FDIs from a country or investment hub where EAC has a direct market. The moment FDI's are allowed from such areas, countries that are trading directly with EAC will benefit even more by taking advantage of the existing trade relations to abuse ways through which investments come into the country. The call was made by the Chairperson and member of the Committee of Trade investments and Communication in the East African Legislative Assembly (EALA), Mukasa Mbidde. Read more. Source | New Vision
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