Kampala, Uganda | THE INDEPENDENT | Time is running out first for Uganda to put in place compliance measures with the new European Union regulations against deforestation during coffee production. The EU Deforestation Regulations (EUDR) direct that imports (of about 600 commodities) should bear fruit that they have not been produced …
Read More »How Uganda’s global trade deficit widened
Kampala, Uganda | THE INDPENDENT | Uganda’s trade with the world suffered an expanded deficit in June 2024, compared to the balance of trade registered in May this same year. According to figures at the ministry of Finance, Planning and Economic Development and Bank of Uganda, the difference between between the …
Read More »LM Re and Britam partner with insurtech to protect Kenyan coffee from climate risks
Parametric insurance has grown in popularity in recent years, with the World Economic Forum recently describing it as a potential “game changer” for mitigating disaster risk ANALYSIS | AGENCIES | Liberty Mutual Reinsurance (LM Re) has partnered with Kenyan financial services provider Britam and farming-focused insurtech Sprout to offer a parametric insurance …
Read More »UCDA tasks coffee farmers on quality in Hoima
Hoima, Uganda | THE INDEPENDENT | Farmers in Hoima district have been cautioned against compromising the quality of their coffee by ensuring that they do not harvest unripe coffee. Rosemary Mukonyezi, the regional coffee extension officer for Hoima sub-region said harvesting raw coffee not only affects the quality of the final …
Read More »Bulambuli farmers battle coffee berry disease
Bulambuli, Uganda | THE INDEPENDENT | Coffee farmers in the two sub-counties Buginyanya and Bumugibole in Bulambuli district have expressed concerns over the increasing prevalence of coffee berry disease (CBD). Farmers say that the disease is significantly hindering coffee yields and markets. Coffee berry disease is caused by a fungal plant pathogen. …
Read More »Uganda in race to meet new EU coffee export rules
150 days left to comply with new tough EU regulations on farmers who cut forests to grow coffee Kampala, Uganda | RONALD MUSOKE | With about 150 days left before the European Union (EU) market begins implementing its tough ban on import of ‘deforestation-related products,’ Ugandan farmers, exporters, and regulators are …
Read More »How Uganda’s coffee export earnings reached 30-year high $1.14 billion
KAMPALA, Uganda | Xinhua | Uganda’s coffee exports have recorded the highest foreign exchange earnings in 30 years due to improved quantity and quality, a state regulator said Thursday. The country earned 1.14 billion U.S. dollars from coffee exports in fiscal year 2023/2024, up from 846 million dollars in the …
Read More »Uganda’ coffee exports to Turkey up by 2,000% in 5 years
Uganda’s coffee industry has made a significant breakthrough in the Turkish market, with exports increasing by a remarkable 2,200% between 2019 and 2024. Ankara, Turkey | THE INDEPENDENT | From a modest 2000 bags (120 tons) in 2019, Uganda’s coffee exports to Turkey have surged to 44,000 bags (2,640 tons) …
Read More »Gov’t targets USD 5 billion in coffee production chain
Ntungamo, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has said that the Government is targeting to increase Uganda’s coffee revenue from 1 Billion US dollars to 5 Billion Dollars from the coffee value chain. The President was speaking on Tuesday in Karuhungu Rwashamaire Town Council, Ntungamo District after inspecting …
Read More »IFC and Absa to boost East Africa coffee trade with US$60million facility
An estimated five million smallholder farmers rely on the industry for jobs and livelihoods in the region Kampala, Uganda | THE INDEPENDENT | The International Finance Corporation, a member of the World Bank Group, has partnered with Absa Group Limited, a South African-based bank intends to extend US$60 million commodity trade …
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