The Big Story

Uganda’s 2019 export earnings reach a historic USD4.1 billion Over the last 10 years, export revenue has been growing at 7%, nearly twice faster than the import bill that has been growing at 4% annually. Gold, has now overtaken coffee as Uganda’s biggest source of export revenue.

by Muhereza Kyamutetera
President Museveni (in hat) joined by Africa Gold Refinery Limited (AGR) officials and then Minister of Energy and Minerals Irene Muloni (left) launch the refining facility in February 2017. Today gold is Uganda’s largest forex earner, accounting for 31% of all export earnings.
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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.