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Home Business & Finance Agriculture

Uganda ranked as Africa’s Number One Coffee Exporter.

by Gerald Businge
August 27, 2015
in Agriculture, Business & Economics, Business & Finance, Business news
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Coffee growing, production and processing to be revamped
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Coffee
According to the International Coffee Organization (ICO) Statistics, Uganda upstaged Ethiopia in 2014/2015 to become Africa’s number one coffee exporter and seventh globally. Approximately 2.24million 60kg bags were exported by Uganda in the period. In order to consolidate these gains, Uganda has also received a $1.3 billion  grant from USAID’s Feed the Future Initiative which seeks to improve Uganda’s coffee productivity for 20,000 smallholder farmers in 22 coffee growing districts.
The project will last a maximum of two years.
According to the ICO, the demand for coffee is strong in many countries, particularly in traditional markets (Canada, EU, Japan, Norway, Switzerland, USA, others) but the biggest potential is in emerging markets (Algeria, Australia, Russia, South Korea, Turkey, Ukraine, others) and coffee exporting countries.
The International Coffee Organization (ICO), established 1963 in London, was initiated in collaboration with the United Nations (UN) to enhance cooperation between nations that consume, distribute and produce coffee.
As of 2014, its 45 members consist of 39 exporting nations, 6 importing nations and 1 importing community (the European Union).

MONTHLY EXPORT STATISTICS JUNE 2015

Tags: AfricaCoffeeuganda
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Gerald Businge

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