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Djibouti injects $20 million in fruit imports from Uganda

  • Comments   -   Friday, 08 July 2016 - 20:29

(Ecofin Agency) - Djibouti has invested $20 million in fruit imports from Uganda. “My government has set aside $100m specifically to import fruit products from within the region but we decided that Uganda gets part of this deal so that the farmers can benefit directly from this venture,” said Muhammad Majyambere, the Djibouti consul to Uganda.

After welcoming the initiative, the members of the Federation of Associations of Uganda exporters (FAUEX) asked Djibouti’s authorities to grant them free clearance as agreed under the COMESA trading arrangement and to help them establish in the country, a permanent warehouse for Uganda-imported goods.

Djibouti’s government here wishes to replace European imports (from France mainly) by Ugandan products.

The horn of Africa mainly imports fruits like mangoes, pineapples, papaws, bananas and breadfruits

Aaron Akinocho

 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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