Ugandan pulse farmers secure first sale to Indian company through SITA project
Thousands of pulses farmers in Uganda are set to earn higher incomes and expand their networks as part of the International Trade Centre’s (ITC) work in connecting East Africa businesses with Indian entrepreneurs and investors.
Through the Supporting Indian Trade and Investment for Africa (SITA) project, members of the Uganda-based agro-commodity trading company Farmers Centre (U) Limited signed a Memorandum of Understanding valued at over US$ 5 million with Imara International, based in Mumbai, India.
The MoU signing took place during a consultation on the pulses value-chain road map in Kampala in May 2015, aimed at promoting trade linkages in the pulses sector.
Under the exclusive agreement, Farmers Centre will supply green moong beans from July-August and November-December and pigeon peas from November-March, according to production periods in Uganda.
Jannet Akello Otim of Farmers Centre thanked ITC for facilitating the agreement, indicating that there are big opportunities to take advantage of and that the company looks forward to greater support from SITA in the future.
Mihir Sheth, a promoter at Imara International, said: ‘The SITA conference on sunflowers was an excellent platform to interact with various stakeholders. It attracted a diverse set of participants and gave us the opportunity to make very useful business connections that will hopefully further trade and improve market linkages.’
SITA facilitates the exchange of knowledge and skills across the Indian Ocean and builds trade linkages to increase trade in the pulses sector in SITA countries, including Ethiopia, Kenya, Rwanda, Uganda and the United Republic of Tanzania.