4Q8A0829

Uganda-Algeria Trade and Investment MoU presents opportunities for both countries

The Uganda-Algeria Trade and Investment Forum & Exhibition took place last week from 30th September to 2nd October at Hotel Africana in Kampala as a follow up to the directive made by Presidents; Yoweri Kaguta Museveni of the Republic of Uganda and Abdelmadjid Tebboune of the People’s Republic of Algeria in March 2023 where the latter led a delegation of 150 business people and entrepreneurs from Uganda for a business forum in Algiers.  

Minister of Trade, Industry and Cooperatives, Hon. Francis Mwebesa

Hon. Francis Mwebesa, Minister of Trade, Industry and Cooperatives and Hon Tayeb Zitouni Minister of Trade and Export Promotion for Algeria held Bilateral discussions and officially opened the first ever Uganda-Algeria business forum witnessing the signing of an MoU between the two chambers of commerce and later the establishment of the Uganda-Algeria Business Council that will spearhead and oversee trade between the two countries.

Geraldine Ssali, Permanent Secretary-Ministry of Trade, Industry and Cooperatives

The forum was attended by Hon Francis Mwebesa, Hon Frank Tumwebaze, Minister of Agriculture, Geraldine Ssali, Permanent Secretary-Ministry of Trade, Odrek Rwabwogo, Chairman of the Presidential Advisory Committee on Exports and Industrial Development (PACEID), Hon. John Mulimba, Minister of State for Foreign Affairs, Hon. Harriet Ntabazi, Minister of State for Trade, MS. Olive Kigongo-President of Uganda National Chamber of Commerce and Industry among other prominent leaders.

Odrek rwabwogo, Chairman- Presidential Advisory Committee on Exports and Industrial Development

Hon Teyeb Zitouni leader of the Algerian delegation was accompanied by Mr. Kamel Moula-President of the Algerian Economic Renewal Council Employers Foundation, Mr. Zaoui Hoicine, Director General Algerian Chamber of Commerce and Industry and Ms. Ahlem Rahmani, Deputy Director in the Algerian Ministry of Trade and Export Promotion among others.

H.E. Oualid Cherid-Ambassador of the People’s Republic of Algeria to Uganda

The forum was also attended by Uganda’s Ambassador to Algeria H.E Alintuma Nsambu, Algeria’s Ambassador to Uganda H.E. Oualid Cherif, senior Government officials and captains of industries and private sector from both countries.

Uganda’s Ambassador to Algeria, Alinyuma Nsambu

The ministers restated the commitment of their respective countries in resolving challenges to businesses in Uganda and Algeria, among these are;

  1. Strengthening corporate relations between private sector and governments
  2. Strengthening trade business linkages for favorable balance of trade between Uganda and Algeria
  3. Removal of all trade barriers and enhancement of free movement of goods, services, capital and labour.
  4. Operationalizing of the Algerian Ugandan joint business council established to handle challenges of existing business communities.
  5. Revenue authorities of both countries to hold regular meeting with the private sector to address challenges.
  6. Accelerating processes of mutual recognition of standards and compliances for goods and services.( A draft agreement was drafted and was submitted by the Uganda National Bureau of Standards to  IANOR in this regard).

The following are the commitments welcomed by the forum;

  1. Bilateral cooperation in the field of education as one of the strategies of consolidating Uganda’s human resource development efforts with an addition of 500 scholarships.
  2. Further discussions to implement visa free entry between Uganda and Algeria in partial realization of the African continental free trade area (AFCTA)
  3. Direct air linkage between Uganda and Algeria to facilitate trade through conclusion of a Bilateral Air services agreement (BASA). The ministers agreed that the two countries can start by using the existing infrastructure of Ethiopian airlines which has direct flights from Addis Ababa to both Entebbe and Algeria.
  4. Rectification of the concluded agreements and memorandum of understanding in the fields of trade, energy, agriculture, animal health tourism, higher education and scientific research
  5. Uganda asked for duty free access for its powdered milk worth USD 700m, coffee, beef, fruits, and tea in line with quality and standard requirements of the Algerian market.
  6. Adhering to the guided trade initiative (GTI) of the African continental free trade area (AFCTA), a frame work for adopting reciprocal tariff offers on the agreed upon products originating and traded between Uganda and Algeria.
These were some of the business people that signed partnership agreements

Through the PACEID frame work, during the Business to Business (B2B) sessions, business deals and partnerships were welcomed;

  1. A poultry factory in Uganda that also produces and packaging materials for poultry products, all eggs produced from this factory to be exported to Algeria in a period of 1 month.
  2. An irrigation and water reservoirs demonstration facility in western and northern Uganda effective immediately.
  3. Collaborations in production and exportation of Shea butter from Uganda to Algeria.
  4. Power distribution and street lighting in northern Uganda

In addition, investment projects in Uganda agreed for further discussions through the joint business council were proposed in the production of pipes, cement, poultry, steel and iron, oil and gas, cosmetics, assembling of cranes and machinery, manufacture of irrigation systems, shoe manufacturing and manufacture of equipment for sewage.

Minister of Agriculture, Animal Industry and Fisheries, Hon. Frank Tumwebaze

Furthermore the two delegations applauded the commitment by 14 Ugandan companies to export to Algeria as well to 17 Algerian companies who agreed to export products to Uganda, the Algerian delegation appreciated the government of Uganda on its progress and its promotion of the and exploitation of the oil and gas industry during a tour of the Kabalega Industrial Park located in Albertine Graben in western Uganda.

The Algerian delegation commended the government of Uganda for convening the Uganda-Algeria trade and investment forum and exhibition, and expressed gratitude for the warm reception and hospitality accorded to them, the delegation also appreciated Uganda’s cultural diversity displayed during the welcome working dinner hosted by the Presidential Advisory Committee on exports and Industrial Development (PACEID) on 30th September 2023 at the Sheraton Hotel, Kampala.

PACEID’s Brenda Katarikawe moderating a session during the forum

The sponsors of the forum were; PACEID, Ministry of Trade, Industry and Cooperatives, National Chamber of Commerce, Ministry of Foreign Affairs, Housing Finance Bank, African Export Import Bank, Pearl Dairy, Uganda Coffee Development Authority, Uganda Marketers Society and other stake holders were applauded by the 2 delegations for their role in the making of the forum possible and further noted that this kind of partnership between the government and the private sector is critical in growing business between the two countries.

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4Q8A1219

PHOTOS:  PACEID treats Algerian Business delegation to networking dinner

On the sidelines of the Uganda-Algeria Trade, Investment Forum & Exhibition that was held at Hotel Africana over the weekend, the Presidential Advisory Committee on Exports and Industrial Development (PACEID) hosted the Algerian delegation to a dinner, with the aim of fostering collaboration and expanding trade opportunities between business groups from both countries.

Guests respecting national anthems at the dinner

The dinner, at Sheraton Hotel Kampala on Saturday evening at the end of Day One of the three-day forum, kick-started an evening where the Algerian delegation led by their Minister of Trade and Export Promotion, Tayeb Zitouni, were treated to a bit more of Ugandan culture and hospitality.

At the dinner, guests were presented with an opportunity to have further business discussions with Ugandan exporters who are interested in their sectors.

There were brief speeches from PACEID Chairman Odrek Rwabwogo, Olive Kigongo-President National Chamber of Commerce, Geraldine Ssali-Permanent Secretary, Ministry of Trade, Alintuma Nsambu-Uganda’s Ambassador to Algeria, Hon. Harriet Ntabazi-Minister of State for Trade and Prof. Rev. Florence Muranga from the Ugandan side. H.E. Oualid Cherif- Ambassador of the People’s Republic of Algeria to Uganda and Zakaria Bourennane spoke on behalf of the foreign delegation sharing insights and potential collaboration prospects.

BIRDC Director General Prof. Rev. Florence Muranga

Uganda’s Trade Representative for the Balkan region, Bratislav Stoiljkovic was present and thanked PACEID Chairman Rwabwogo for the initiatives the committee is putting in place to grow exports and achieve the USD6B target by 2028.

Uganda’s Trade Rep in the Balkans region Bratislav Stoiljkovic (L) addresses guests

At the end of the night, Algerians were not only treated to a sumptuous meal but also presented with gifts from PACEID about Uganda.

The head of the Algerian delegation was gifted a hand-woven banana fibre design of an Ankole long-horned cow from Western Uganda while others got hand woven banana fibre gift boxes that can be used as a centerpiece for fruits or ladies jewelry.

In each package, there was a hand woven throw-on and samples of Ugandan products for export like coffee from Great Lakes Coffee, Tooke flour from Banana Industrial and Research Development Centre (BIRDC), powdered milk and dried pineapple from Zahra Food Industries Ltd, all packaged in 100 percent cotton bags branded with a strip of bark cloth. On the gift cards, there were some of Uganda’s animals including Buffalos, Crested Crane, tree climbing lions, Gorillas and Elephants among others.

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4Q8A0816

Uganda-Algeria Business Forum: Producers and exporters encouraged to embrace Value Addition

Day one of the Uganda-Algeria Trade and Investment Forum & Exhibition kicked off today, Saturday, September 30, 2023, at Hotel Africana with delegates from both countries advocating for value addition and mutual respect for quality requirements. The forum will run throughout the weekend until Monday, October 2, 2023, under the theme; “Harnessing Benefits of AfCTA; Strengthening Bilateral Trade Relations Between Uganda and Algeria”.

The forum is being organized by the Ministry of Trade, Industry, and Cooperatives in partnership with the National Chamber of Commerce, the Presidential Advisory Committee on Exports and Industrial Development (PACEID), and the Ministry of Foreign Affairs with support from the Uganda Marketers Society.

Odrek Rwabwogo with Dr. Francis Mwebesa, Minister of Trade, Industry and Cooperatives

The Uganda Algeria-Business and Investment Forum aims to unite trade & investment policymakers, key business groups, trade institutions, and regional organizations from both Uganda and Algeria.

Geraldine Ssali, Permanent Secretary-Ministry of Trade, Industry and Cooperatives thanked the Algerian government for their cordiality. “Whenever we come to Algeria, we feel at home. I began to say Algeria is a home away from home for me. Thank you so much. We would like you to also feel at home.” she said.

Geraldine Ssali-Permanent Secretary, Ministry of Trade, Industry and Cooperatives

She also expressed willingness to give Algerians free economic zones so that they can enjoy competitive prices from Ugandan producers so they don’t feel the pinch of high costs of production when they come.

“If we work with Algeria, gone will be the days of looking for a funder for our oil because they are self-sufficient in the oil and gas sector.” H.E. Alintuma Nsambu, Ambassador of the Republic of Uganda to Algeria noted.

H.E. Oualid Cherid-Ambassador of the People’s Republic of Algeria to Uganda

H.E. Oualid Cherif, the Ambassador of the People’s Republic of Algeria to Uganda was pleased that the efforts between the two countries were crowned with the holding of what he referred to as a ‘historical’ forum. “This development comes as a translation of the strong will demonstrated by our two heads of state, Mr. Abdelmadjid Tebboune and Mr. Yoweri Museveni, to further enhance these relations in the commercial and investment fields. Like Uganda, Algeria advocates for value addition to its raw materials and the diversification of its economy and its earnings by promoting the non-hydrocarbon exports and boosting the local production of goods and services,” he said.  

PACEID Chairman Odrek Rwabwogo

Mr. Odrek Rwabwogo, Chairman- of the Presidential Advisory Committee on Exports and Industrial Development reiterated H.E. Oualid’s point regarding value addition as this will go a long way to boost trade relations between the two nations.

He also urged Ugandan exporters to be intentional by researching new markets to avoid entering them blindly.  “We need to be very intentional, very deliberate from studying the tastes & preferences of our brothers in Algeria & other markets we want to export to & ensure we know what to supply them in terms of standards, quantities and certification”. PACEID is tasked with growing Uganda’s exports to USD6Bn by 2028.

PACEID’s Odrek Rwabwogo with National Chamber of Commerce’s Olive Kigongo

The President of the National Chamber of Commerce, Ms. Olive Kigongo encouraged Ugandan business people to explore Algeria and discover the opportunities it offers to gain a competitive advantage.

Frank Tumwebaze, the Minister of Agriculture, Animal Industry and Fisheries said, “Opportunities abound in Uganda. We invite you not only to engage in trade with us but also to actively participate in the value-addition process.”

Miss Ndstefai Khaoula from the Algerian Investment Promotion Agency guided Ugandan traders through the company registration process for trading with Algeria, including the duration of the investment period offered to licensees. “The Algerian Investment Promotion Agency is actively engaged in promoting investment, providing information, streamlining registration procedures, and managing the associated benefits.” – she said.

Miss Ndstefai Khaoula from the Algerian Investment Promotion Agency

Others present were Dr. Francis Mwebesa- Cabinet Minister of Trade, Industry and Cooperatives, Hon. Harriet Ntabazi, Amb. Katureebe Tayebwa from the Ministry of Foreign Affairs, John Mulimba-State Minister of State for Regional Affairs.

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