AGP Executive Report
Last update: 4 hours agoAgro-processing: AgDevCo has invested US$3 million in Ugandan food processor Newman Foods, helping it expand production and source more crops from its network of over 3,000 smallholder farmers. Manufacturing: Work has begun on a Shs29 billion packaging plant at Namanve, a Uganda Development Corporation partnership intended to boost local supply and cut manufacturers’ reliance on imports. Coffee: Uganda is courting investors to expand processing and raise production to 20 million bags by 2030, while seeking a bigger share of the UK market, which imported US$1.4 billion of coffee in 2024. Business climate: The Bank of Uganda held its central rate at 12% as inflation rose to 5.8% and the 2026/27 growth forecast was trimmed to 5.5–6%. Uganda’s external debt reached US$23.9 billion in 2025, sharpening questions about the cost of funding development. Mining: Operators say limited affordable finance is slowing adoption of mercury-free gold processing, despite safer technologies being available.
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