Home Africa Uganda’s September coffee export earnings up 54% on high global prices

Uganda’s September coffee export earnings up 54% on high global prices

Uganda’s September coffee export earnings up 54% on high global prices

Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-10-18 02:00:00

The value of Uganda’s coffee exports surged 53.8% in September, compared to the same period a year ago, on the back of a rise in global prices, the state regulator said.

Africa’s largest exporter of the beans shipped 532,212 60-kilogram bags of coffee, for which it earned $144.7 million, 53.8% higher than earnings in same month last year, the Uganda Coffee Development Authority (UCDA) said in a report.

Coffee, alongside gold, are Uganda’s largest commodity exports and key source of foreign exchange.

“The value of coffee exports was higher as…

Read the full article on Uganda Monitor

Previous articleZambia: A Whole Family Charged After Assaulting Alleged Witch – Africa Links 24
Next articleJapanese organization of survivors of the atomic bombings receives Nobel Peace prize