Industrialization is certainly the key to Africa’s economic development with the ability to bring prosperity, new jobs and better incomes for all. However, Africa has remained less industrialized amidst calls to industrialize. In Uganda, the growth of the Industrial Sector remains at 3.4% with its contribution to GDP valued at 19.6%

Each year on 20 November Uganda joins the rest of Africa to commemorate Africa Industrialization Day (AID). The Day is aimed to raising global awareness of the challenges faced by the continent with regard to industrialization. The event also aims to mobilize both African leaders and international organizations to advocate for the accelerated and sustainable industrialization of Africa.

  Uganda has been commended for prioritizing infrastructure development especially energy and the road network which is a recipe for boosting regional trade. This was during the COMESA Council of Ministers meeting that sat in Lusaka, Zambia on Saturday 4th November 2017.

The COMESA Council of Ministers officiated by the Vice President of Zambia Her Honor Mrs. Inonge Wina unanimously commended Uganda for the progress made in fulfilling the objectives of the Common market, particularly in infrastructure development that has taken place in the two years especially energy and the road network.

Uganda is a member of the Common Market for Eastern and Southern Africa (COMESA) and has taken steps to implement the COMESA Treaty. Uganda has made progress in the Domestication of the COMESA Treaty. In 2016, Uganda passed the COMESA Treaty Implementation Act. The COMESA Treaty Implementation Act (2017) gives the force of law to the Treaty Establishing the Common Market for Eastern and Southern Africa in Uganda.

The Trade sector is one of the key sectors that contribute to the economic development of the country. Every year sector stakeholders meet at a conference to review the performance of the Sector and also establish feasible interventions and strategies to boost the Sector.This year’s Sector Review is organized under the theme “Promoting value addition and competitiveness in export growth”.
The theme emphasizes the contribution of Value addition and competitiveness towards reducing the balance of payment deficit in the Country. It also stresses the need towards realization of the
objectives of the Sector Development Plan, the NRM Manifesto, the National Development Plan II and the Vision 2040; all aimed at ensuring ustainable socio-economic transformation of Uganda.

I welcome you to this occasion of signing a Memorandum of Understanding (MoU) between the Ministry of Trade, Industry and Cooperatives (MTIC) and Financial Sector Deeping Uganda (FSDU). The partnership between the Ministry and FSDU is a demonstration of the Ministry’s commitment to build networks and collaborations to harness synergies and complementarities that can be found in different institutions and agencies to promote its mandate.

Ministry of Trade, The Uhuru Institute Sign MoU to Promote Agribusiness Productivity among Cooperatives & Citizen Collectives

The Ministry of Trade, Industry and Cooperatives (MTIC), and The Uhuru Institute for Social Development (TUI) will on 8 September 2017 sign a Memorandum of Understanding (MoU) to enhance production and productivity in agribusiness, among cooperatives and other citizen collectives.

Uganda is endowed with abundant natural resources, variety of marketable agribusiness products, an enterprising youthful population, and the potential of becoming the most competitive market in the great lakes region. But the use of primitive technologies, subsistence farming, limited knowledge and small scale farm units, and poor access to markets, dilapidated storage structures and exorbitant transport costs, among others undermine this potential.  

Recognizing the significant role that cooperatives and other citizen collective formations play in the agribusiness value chain, MTIC and TUI pledge to support them in the areas of:

  • reconstruction of storage facilities,
  • improving access to competitive markets,
  • development of collective drying platforms in villages,
  • acquisition of food processing technology for value addition,
  • access to affordable transport, and competitive markets,

“We recognize the need for MTIC and TUI to cooperate and partner towards maximizing our complementary capacities and functions in promoting the role of cooperatives and other citizen collectives in expanding our market competitiveness in the region and beyond,” said Leonard Okello, the CEO of TUI.

MTIC undertakes to:

  • Provide strategic leadership in designing, and roll out of this partnership.
  • Support the TUI cooperative profiling initiative.
  • Create necessary linkages to relevant government agencies.
  • Support negotiations for the necessary technical capacity in value addition.
  • Institute a favourable policy framework.

TUI undertakes to:

  • train cooperatives and other farmers’ associations.
  • supporting redeveloping of cooperative & farmer’s storage capacity.
  • support in the development of reliable marketing infrastructure.
  • advocate for appropriate government policies and investment.

MTIC and TUI will jointly mobilise resources for the initiatives aforementioned, through an effective public private partnership. The MoU is valid for 3 years, renewable.

-ENDS-

About the Ministry of Trade, Industry and Cooperatives

The Ministry of Trade, Industry and Co-operatives is the Government of Uganda Agency mandated with developing the trade infrastructure, identifying and negotiating strategic trade agreements, coordinating industrial growth, and leading the growth of productive market oriented Co-operatives Societies, for sustainable development for Uganda.

About The Uhuru Institute for Social Development

Founded in 2013 on social business and supportive cooperative principles, The Uhuru Institute for Social Development offers a variety of products and services geared towards driving Ugandans in taking a center stage in realizing holistic socio-economic development. We offer a 360 degrees’ solution to cooperatives, and other informal forms of collective organizations.

 Uganda Export Promotion Board Uganda Warehouse Receipt System Authority Management Training and Advisory Centre Uganda National Bureau of Standards Uganda Industrial Research Institute