Afcfta Export Readiness Programme for SMEs

Trading beyond EAC and COMESA; Unlocking Uganda’s Potential in the AfCFTA.

[CSBAG (csbag.org) @CSBAGUGANDA]

Now @GovUganda should focus on enhancing access to cheap credit for SMEs to address the volatility of finances over time and fund their investments. @JuliusMukunda @fsme_uganda @JohnWalugembe @PSF_Uganda

[Helmut Scholz @HelmutScholzMEP]

Indeed MSMEs can & should play important role in further development in #AU economies & must be strengthened in #AfCFTA implementation & further development @eu_eeas @EP_Trade @Trade_EU @EU_EESC @Left_EU @rosaluxglobal @Pro_Caucus_EP

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

As the level of trade between African countries goes up, SMEs and traders will make more money and boost livelihoods. #AfCFTA #OneAfricanMarket @UNDPUganda @AfCFTAUganda @mtic_uganda

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

Incentive to increase manufacturing through demand in the African market will create more job opportunities. #OneAfricanMarket #AfCFTA @UNDPUganda @AfCFTAUganda @mtic_uganda @jumuiya

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

Through the #AfCFTA, the purchase of raw materials from other African countries will be simplified and this means that it will cost less to make certain goods and products. The #AfCFTA will also open opportunities to set up assembly firms in other African countries.

[AfCFTA Secretariat Official @AfCFTA]

Today, the #AfCFTA Secretariat Customs delegation led by @DemittaGyang visited the Uganda Revenue Authority @URAuganda. One of the things that stood out was the Single Customs Territory system which helps to facilitate seemless flow of information across the #EAC corridor.

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

The management of UGA Snack Limited expressed their gratitude to @fsme_uganda for raising awareness about #AfCFTA potential, which will aid Ugandan enterprises in their integration into continental markets. #OneAfricanMarket

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

👏On-site business coaching at UGA Snack Limited!!

The management has identified scarcity & high raw material costs as the primary impediments to exporting. Additionally, there were hurdles such as high electricity costs, economic pressures & inadequate access to African markets

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

While conducting business coaching at UGA Snack Limited, the management and staff were equipped with knowledge on how to identify potential clients and decide which products are likely to perform best in African markets. #AfCFTA

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

As @fsme_uganda continues to provide onsite business coaching, mentoring, and advisory support to export-ready SMEs, our lead trainers mentored staff from UGA SNACK LIMITED, a Ugandan SME that deals in various snacks and other foods.

[AfCFTA Secretariat Official @AfCFTA]

On 04.04.2022, the #AfCFTA Secretariat customs team set out on a mission to visit the East African Corridor #EAC. The main objective of the mission is to familiarize with the operation of the #EAC & to establish how trade facilitation instruments are being implemented. #customs

[Wamkele Mene @MeneWamkele]

Today, 04.04.22, together with Amb. Solomon Rutega, Secretary General of the Inter-African Coffee Organisation (IACO), we signed an MoU between the #AfCFTA Secretariat and the Inter-African Coffee Organisation in Accra, Ghana.

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

As per the management of Lottie Food Industries (u) Ltd, the African Continental Free Trade Area (AfCFTA) represents a significant opportunity for Ugandan SMEs to grow their market share. @UNDPUganda @AfCFTAUganda @mtic_uganda

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

As part of business advisor support, Mr. Francis Kabuye, one of our lead trainers, explained how Lottie Food Industries (u) Ltd may enter African markets and determine which products are likely to perform best in those markets. #AfCFTA

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

During the on-site coaching at Lottie Food Industries (u) Ltd, the management highlighted limited access to credit particularly from commercial banks as the major impediment to exporting. Other constraints were high operating costs & lack of information about markets in Africa.

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

@fsme_uganda conducted another successful business coaching and mentoring session at Lottie Food Industries (u) Ltd, a Ugandan company located at plot 628 Kiwologoma road in Kira Municipality-Wakiso that manufactures Crunch, Creamy, and Chocolate peanut butter. #AfCFTA

[AfCFTA Secretariat Official @AfCFTA]

On 30.03.22, H.E. @MeneWamkele met with the #Diaspora Business Leaders in the #UK. The conversation focused on opportunities for the #AfCFTA among the diaspora community, especially on the positive development potential to help mitigate the development challenges of Africa.

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

E-commerce is growing within the #AfCFTA and it provides an opportunity for SMEs to use digital skills to scale up their businesses. @UNDPUganda @AfCFTAUganda @TradeMarkEastA @MeneWamkele @giz_uganda @jumuiya

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

Ugandan exporters should research potential
buyers before entering into any kind of contract
or agreement with them. @AfCFTAUganda @UNDPUganda @mtic_uganda @TradeMarkEastA @MeneWamkele @giz_uganda @jumuiya

[Afcfta Export Readiness Programme for SMEs @Afcfta4smes]

Following the discussion regarding the #AfCFTA opportunities, management at Rizvan Holdings Ltd noted that their export capability is constrained by limited finances to scale their business and the high cost of packaging materials for roasted coffee. #OneAfricanMarket