• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Museveni wants African countries to export more finished goods than raw materials

Stephen Kalema by Stephen Kalema
6 years ago
in National, News
3 0
ShareTweetSendShare

President Yoweri Museveni has urged African countries to start working towards exporting finished goods instead of  raw materials.

Museveni said this while officiating the opening of the first China-African Economic and Trade Expo on Wednesday in China.

He said that China’s market share in Africa last year being at 17.2 per cent,  is a wake-up call to all African nations to do more so that  Africa can export more to China.

“It is intriguing to note that even though we have a nominal market share in China, the country remains a big market for Africa’s exports; absorbing 22.7 per cent, 18.6 per cent and 19.8 per cent in 2016, 2017 and 2018 respectively.  This implies that we are not producing enough as a continent compared to what just the Chinese market demands,” he said.

He added that any measures aimed at increasing Africa-China trade must be a matter of priority, to equally address questions such as production and productivity.

The Expo took place in Changsha, Hanana province based on a theme; “Win-Win Cooperation for Closer China-Africa Economic and Trade Cooperation” which Museveni asked both China and African countries to respect and work towards it if African countries are to address strategic bottlenecks which always hinder production.

“A developing and developed Africa is good for itself as well as its partners such as China.  As the old Chinese saying goes; ‘If you give a man fish, he will have a single meal. If you teach him how to fish, he will eat fish all his life.’ Our Chinese friends who are more advanced than us need to continue working with us so that we learn how to fish and can thus eat fish all our life.  This will be a true win-win partnership and will certainly be mutually beneficial,” Museveni noted.

Besides Expo activities, Museveni said that the China-Africa partnership must help African countries to overcome economic bottlenecks such as;

Transport infrastructure which helps in the movement of raw materials to production areas and conveying finished products to markets/consumption areas.

Energy: which he said that is the biggest enabler of industrial development as well as advanced agricultural production.  “We are trying as Uganda in this area, with increased generation and transmission of electricity and the dividends are encouraging,” he added.

Cost of financing: which remains very high in most African countries and this inhibits private sector participation in the development initiatives on the continent.

“Lastly there is Human capital development: Human capital is perhaps one of the most important factors of production.  Human beings can turn around anything provided they have the skills and knowledge,” he said.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share1Tweet1SendShare

Related Posts

Hajat Stecia Mayanja was on July 10 2025 unveiled as the leader of the National Peasants Party
News

Political Parties on the Rise as Singer Hajjat Stecia Mayanja Declared NPP Presidential Candidate

11th July 2025 at 14:36
News

Truth Revealed: Jinja City Council Clarifies On Shs4.2 Billion Return To Treasury 

10th July 2025 at 19:35
NUP leaders
News

NUP’s Pragmatic Pivot: Sending a Bipartisan Treasurer to IPOD

10th July 2025 at 19:29
Next Post

'Working with government is the best way to solve our challenges'-Bebe Cool to fellow musicians

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1126 shares
    Share 450 Tweet 282
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    50 shares
    Share 20 Tweet 13
  • Who is Bosco Muwonge, Uganda’s elusive real estate billionaire?

    37 shares
    Share 15 Tweet 9
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2289 shares
    Share 916 Tweet 572
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    48 shares
    Share 19 Tweet 12
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Hajat Stecia Mayanja was on July 10 2025 unveiled as the leader of the National Peasants Party

Political Parties on the Rise as Singer Hajjat Stecia Mayanja Declared NPP Presidential Candidate

11th July 2025 at 14:36
Mashable is a global, multi-platform media and entertainment company For more queries and news contact us on this Email: info@mashablepartners.com

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is the undisputed king of Kampala

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0
Hajat Stecia Mayanja was on July 10 2025 unveiled as the leader of the National Peasants Party

Political Parties on the Rise as Singer Hajjat Stecia Mayanja Declared NPP Presidential Candidate

11th July 2025 at 14:36

Truth Revealed: Jinja City Council Clarifies On Shs4.2 Billion Return To Treasury 

10th July 2025 at 19:35

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda