President Museveni Calls for Joint Venture with Algeria to Enhance Coffee Value
President Yoweri Kaguta Museveni extends an invitation to Algeria to collaborate on a joint venture aimed at increasing the value of Ugandan coffee. Addressing a delegation led by Algeria’s Minister of Commerce and Export Promotion, Hon. Tayeb Zitouni, President Museveni emphasized the historical economic support Africa has provided to Europe, advocating for reciprocal efforts in coffee value addition.
President Museveni with a delegation from Algeria at the sidelines of the ongoing G-25 Africa Coffee Summit at Speke Resort Munyonyo
President Yoweri Kaguta Museveni invited Algeria to join Uganda in setting up a joint venture with an aim of adding value to the East African country’s coffee.
The President made the call on August 8th, 2023. During a meeting with a delegation from Algeria at the sidelines of the ongoing G-25 Africa Coffee Summit at Speke Resort Munyonyo.
President Museveni told the delegation led by the country’s Minister of Commerce and Export Promotion, Hon. Tayeb Zitouni that Africa, Uganda inclusive has supported Europe economically, but the Western countries have not reciprocated the favour.
“You know when I buy from you something, I’m supporting your prosperity and we have been using our pockets for the last 200 years to support Europeans by buying their vehicles, buying their aero-planes and medicines. When we say that okay you support us also by adding value to our coffee and you pay us more, they don’t understand it,” the President said.
HonTayeb Zitouni welcoming president Museveni that his country is willing to join the venture
Hon. Tayeb welcomed President Museveni’s proposal, saying that as a country they are willing to join the venture.
“Business people are coming here in September 2023 to look through the possible cooperation. We consume coffee worth USD300 million per year. We progressed on importing milk from Uganda and we shall also see what we can do with coffee value addition,” he assured the President
In the same meeting, the Uganda Coffee Development Authority (UCDA) Managing Director, Dr. Emmanuel Iyamulemye thanked President Museveni for being a champion of the promotion of the African coffee sector.
“There’s big potential and we thank you for championing value addition because most of our coffees are participating in competitions and they have proven to be of very high quality and can create a good market,” he said.
The meeting was also attended by Uganda’s Minister of Foreign Affairs, Gen. Jeje Odongo among other dignitaries
