Russian investors have expressed interest in buying Robusta coffee to produce instant coffee, a beverage derived from brewed coffee beans, enabling people to quickly prepare hot coffee by adding hot water or milk to the powder or crystals and stirring.
Uganda picked up $61.43 million (about Shs218 billion) in October, made from exporting 486,534 bags of coffee weighing 60kg each, according to the Uganda Coffee Development Authority (UCDA).
In the month of September, coffee dealers in Uganda exported 506,470-kilo bags of coffee valued at US$44.64 million, or about Shs167 billion, according to the Uganda Coffee Development Authority (UCDA).
By Agencies
There’s more trouble brewing for Indian coffee exporters, who are not just facing a slump in overall demand due to the Covid-19 pandemic, but also staring at a loss of share in Italy, their largest export market, to exporters from Uganda.
