Bidco Uganda Ltd (BUL) is Uganda¡¯s leading agribusiness, with integrated operations encompassing upstream oil palm plantations and mills, midstream edible oil refineries and downstream consumer products. Today, BUL is the home of some of Uganda’s most loved brands for edible oils, hygiene and personal care and food products.
How much money does Uganda invest in edible oil?
Uganda invests $64.3 million to rehabilitate 2,500 km of roads for edible oilseed projects in 81 areas. Edible oil exports in Uganda dropped from $281.1 million to $90.5 million in July 2023, prompting revitalization efforts. Challenges in seed quality, yields, and local demand hinder Uganda’s edible oil industry despite trade agreements.
How much vegetable oil does Uganda produce a year?
According to official figures, Uganda produces 80,000 metric tons of vegetable oil per year, while 410,000 metric tons are needed to fulfill domestic consumption.
Why is Uganda struggling to produce vegetable oil?
Uganda has struggled to produce this highly desired product due to a rise in demand worldwide last year that was compounded by a crisis in Ukraine, one of the top suppliers of vegetable oil in the world. This dispute caused supply chains to be interrupted and drove up prices in the local market.