AGP Executive Report
Last update: 6 hours agoAgro-Industry: Ranchers Finest has shipped its first processed beef consignment to Ethiopia, opening a regional market for Ugandan meat processors and livestock suppliers. Currency & Finance: The shilling remained under pressure, with the dollar selling at Shs4,439.76 as the Bank of Uganda prepared a Shs1.4 trillion bond auction. Pharmaceuticals: Government has taken over the process to secure 600 additional acres for Dei Biopharma’s Matugga expansion, aimed at meeting international certification requirements. Investment: Uganda’s ambition to grow its economy to US$500 billion by 2040 will require long-term financing for factories, machinery, technology and export growth, beyond what public budgets and bank lending can provide. Energy: The Karuma–Tororo power line is expected to support industrial growth, while a newly launched Shs1.48 trillion power project adds to investment in the sector.
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