Search

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.

Recent Business

Wind turbines. Photo by Thorsten Dahl @ Pixabay
Ethiopia nears financial close on $620mn Aysha 1 Wind Power Project
Read More »
A copper mine. Photo by Alexander Waturandang @ Pixabay
Congo’s Gécamines seals $1bn copper deal, boosts global leverage
Read More »
Locals and tourists interacting at Maputo's Avenida Marginal in Mozambique. Photo by Rohan Reddy @ Unsplash
Mozambique inflation edges higher as food prices lift December CPI
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights