Best Business Ideas in Uganda
Social Business:
Feeding school children
In Uganda*,
one of the best social businesses is the establishment of private boarding school in nursery, to primary and secondary.
But feeding children has become a major challenge to good and quality education in boarding schools in Uganda and other Eastern Africa countries.
Two key problems are met:
high costs and poor quality of foods on the market.
One of the best solutions is to
incorporate soya food products
in the school meals.
Find out more about how to feed school children with soya food products.
Fruits and Vegetables
In 19 million hectares of available land for agriculture,
the area under fruits and vegetables is less than 1%. Given the abundance of natural resources like soils,
fairly well distributed rainfall and moderate climate,
Uganda
is capable of producing most of the tropical and sub-tropical fruits and vegetables. (Find out Investment Opportunities)
Coffee Processing
Coffee accounts for a large share of the Uganda’s export earnings.
Opportunities exist in adding value to the coffee which is currently exported raw.
Uganda offers a competitive incentive regime for the investors. (Find out Investment Opportunities)
Dairy and dairy products
Uganda’s dairy sector has registered commendable growth averaging 8-10% since 1991.
The country has more milk than processors can handle, presenting huge potential for investment in the sector.
(Find out Investment Opportunities)
Animal Production
Consumption of livestock products,
both in absolute terms and on a per capita basis,
is very low in Uganda. However,
prospects for increased demand,
hence increased production, are good as per capita purchasing power continues to increase.
Household expenditure on animal products ranges between 20 – 30% of total expenditure and the price elasticity of demand for meat is very high.
This situation presents a lot of investment opportunities in the livestock sector. (Find out Investment Opportunities)
Construction and Real Estate
Uganda has a massive housing shortage caused by a high rate of urbanisation that has created an opportunity to provide 6.1 million houses.
The government has introduced attractive incentives in an effort to fast track delivery. (Find out Investment Opportunities)
Computer and Internet Services
Uganda’s Information and Communication Technology (ICT) sector is dynamic and vibrant.
The sector has registered double digit growth since 2000 and grew by 33% in 2006/2007.
Sector dynamism is a result of Uganda’s good ICT legal and regulatory framework, a stable micro economic environment and economic reforms pursued since the early 1990s.
The telecommunications sub-sector, formerly dominated by a single national operator, has been progressively liberalised and now presents a lot of investment opportunities. (Find out Investment Opportunities)
Tourism and Hospitality
Winston Churchill awed by Uganda’s beauty named it “the pearl of Africa”.
Its tourism is the fastest growing economic sector, presenting numerous investment opportunities.
Start a Business in Dairy Processing: Milk, Ice-Cream, Yoghut, etc.
Start a business in dairy processing in Uganda and produce and sell packaged milk,
yogourt,
butter,
cheese,etc.
Uganda’s dairy sector has registered commendable growth averaging 8-10% since 1991.
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But the country has more milk than processors can handle, presenting huge potential for investment in the sector.
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It is estimated that 70% (i.e. 1.05 billion litres)
of milk produced in Uganda
is marketed commercially and the other 30% is consumed on the farm.
Two marketing channels for milk exist – formal and informal. 80-90% of the marketed milk is sold through the informal marketing channel as raw milk.
There are over 200 milk coolers with a total capacity of about 550,000 litres. Most of these are found in the South-West region of Uganda.
Chilled milk is delivered to processing plants in insulated milk tankers. 10% of the processed milk is exported to the regional markets such as Kenya,
Tanzania,
the Democratic Republic of Congo,
Burundi, Southern Sudan,
Mauritius
and Rwanda
. Some dairy products are also exported to the Middle East.
Uganda *presents investment opportunities for the establishment dairy plants to process pasteurised
and UHT milk as well as yoghurt,
ice-cream,
butter
and cheese.
Fruits and Vegetables
* production and processing*
Start a business in Uganda in fruits and vegetables production and processing.
The agronomic conditions in Uganda
are favourable and there is considerable scope for increased production of fruits and vegetables.
The country is able to produce all year round and has plenty of land and relatively cheap labour.
There is potential for production of exotic, off-season fruits and vegetables and organic products like pineapples,
apple bananas
and passion fruits.
Fruit processing
There are limited fruit processing industries in Uganda.
There is demand for fruit juices for outstrip production.
In order to meet this demand,
a range of fruit juices are imported into the country.
This is a strong indication of the existence of investment opportunities in
fruit juice processing,
for local and export markets.
The establishment of a general-purpose fruit-processing factory,
handling different fruits as may be available,
is one big area for investment.
Vegetables
The market for fresh chilled and frozen vegetables especially mixed legume vegetables like snap beans, asparagus is expanding.
This requires investment in chilling and freezing facilities and being able to produce the vegetables on a large scale to avoid fluctuations in exports.
Opportunities exist in growing tropical and baby vegetables,
which have significant production advantage.
This will require investments in integrated production and marketing systems by large-scale growers, linked to organized groups of outgrowers.
Opportunities exist also in setting up of cold storage facilities with grading and sorting facilities
for both fruits
and vegetables.
