President Yoweri Museveni, while delivering his 60th Independence speech at Kololo ceremonial grounds, said agents of foreign interests who oppose value-addition efforts frustrate Uganda’s industrial efforts and stunt Africa’s growth.
The president revealed that what the outsiders have taken away from Africa, they have made it better and used it to feed their children well as people here are dying in the oceans trying to get to Europe.
Citing coffee growing, Museveni said the global value for trade in coffee is US$460 billion while only US$25 billion goes to coffee-growing countries many of whom are in Africa. Africa, the president said, gets US$2.5 billion while Uganda is taking US$800 million.
Regarding the mixed reactions surrounding the Vinci coffee deal, President Museveni lashed at Daily Monitor newspaper for calling the coffee deal stinking.
The president noted that Uganda has had fights with political actors who sabotage value addition leaving the country to depend on imports yet the raw materials are available.