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Uganda to ship $1bn milk to Nigeria in major dairy export deal

Portrait of a bavarian cow. Photo @ Unsplash
Portrait of a bavarian cow. Photo @ Unsplash
  • Nigeria set to overtake Algeria as Uganda’s top dairy buyer
  • Deal targets Europe’s dominance of Nigeria’s milk imports

 

KAMPALA, UGANDAUganda will begin exporting 200,000 tonnes of powdered milk to Nigeria this month in a deal worth $1.02 billion at factory prices.

Uganda’s dairy industry is poised for its biggest external market yet as shipments to Nigeria kick off under a trade arrangement that vaults West Africa’s largest economy into the top spot for Ugandan milk exports. The annual 200,000-tonne supply, valued at more than Shs3.7 trillion ($1.02 billion), makes Nigeria Uganda’s largest single dairy buyer—far ahead of previous lead market Algeria.

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