Tanzania-Uganda trade reaches $406.8m
By the AFREEQUE newsroom, based on Daily News
Trade between Tanzania and Uganda reached 406.8 million dollars in the 2024-2025 financial year, while the two countries want to deepen energy and infrastructure cooperation. The oil pipeline is 92% complete, Tanzanian minister Palamagamba Kabudi said in Dar es Salaam.
Trade between Tanzania and Uganda reached 406.8 million dollars during the 2024-2025 financial year, Tanzanian Minister of State Palamagamba Kabudi said during celebrations marking Uganda’s 64th independence anniversary in Dar es Salaam, according to the Daily News. The two countries want to deepen cooperation in trade, investment, energy and infrastructure.
Kabudi notably mentioned the East African Crude Oil Pipeline, which is due to transport crude oil and whose construction was 92% complete. He also referred to the plan to make Tanga, a Tanzanian port city, a regional energy hub. The minister said the fifth session of the Permanent Joint Commission, held in March 2026, was intended to help turn bilateral agreements into tangible benefits for the populations.
Uganda’s ambassador to Tanzania, Fred Mwesigye, reaffirmed Kampala’s commitment to developing trade and investment and implementing strategic projects with its neighbour. The two officials presented this cooperation as a means of supporting the development of the two countries and the East African Community.
