Uganda Signs a Memorandum of Understanding With Algeria to Supply Milk Powder Worth USD 500M

The Ugandan government signed a memorandum of understanding with Algeria to supply milk powder worth USD 500M in the first phase of the agreement. This was witnessed by both President Yoweri Museveni of Uganda and Abdelmadjid Tebboune of Algeria in Algiers on March 12, 2023. The current annual milk production in Uganda is 2.81B liters. This trade deal is a big boost to the dairy industry in the country, which is currently the third biggest producer in the East Africa Community behind Kenya and Tanzania.