Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
PRICING
SUBSCRIBE
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
No Result
View All Result
Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
  • Trends

Home » News » Uganda: Tayebwa urges African, Caribbean and Pacific (ACP) bloc to embrace value addition to end raw mineral exports

Uganda: Tayebwa urges African, Caribbean and Pacific (ACP) bloc to embrace value addition to end raw mineral exports

July 17, 2026
in News
Reading Time: 2 mins read

KAMPALA, Uganda, July 17, 2026/APO Group/ —

Brussels, Belgium – The Deputy Speaker of Parliament and President of the Organisation of African, Caribbean and Pacific States (OACPS) Parliamentary Assembly, Thomas Tayebwa, has urged OACPS member states to make trade, industrialisation and value addition central to their development agenda.

Tayebwa made the remarks while addressing the 121st OACPS Council of Ministers at the Egmont Palace in Brussels, Belgium.

He challenged the 79-member bloc to focus on practical economic issues that directly improve the livelihoods of citizens, saying the organisation’s relevance would increasingly be judged by its ability to champion policies that create jobs, strengthen regional industries and enable member states to derive greater value from their natural resources.

The Deputy Speaker said one of the most pressing challenges confronting Africa and other developing regions is the continued export of unprocessed minerals.

He noted that the matter has long been championed by Uganda’s President Yoweri Museveni, who has consistently argued that Africa cannot achieve meaningful prosperity while exporting raw materials and importing finished products.

“I think at the level of the Council of Ministers, we need to start tackling the hard questions relevant to our people. One of them is… the issue of Africa and the developing world exporting unprocessed minerals as raw materials,” Tayebwa said.

He backed his argument with figures showing that Africa holds an estimated US$29.5 trillion in mineral wealth, about 20 percent of the global total, but continues to lose substantial economic value because most of its minerals leave the continent in raw or minimally processed form. Instead of refining or manufacturing higher-value products locally, African countries export ores and concentrates, allowing other economies to capture the largest share of the value chain.

According to Tayebwa, this model has left Africa exporting employment opportunities and industrial growth alongside its natural resources. He observed that the continent processes only a small proportion of the minerals it produces, while countries that import those minerals generate far greater wealth through manufacturing.

He cited the Democratic Republic of Congo as an example of how value addition can transform economies, noting that increased domestic processing of cobalt significantly boosted the country’s revenues.

“I remember my President gave us some feedback… the coffee market was worth around US$465 billion and out of that only US$25 billion was going to the coffee-producing countries, with Africa taking only 3%. Now, you producers, you produce US$465 billion worth of value and get only US$25 billion,” Tayebwa said.

He further cautioned the OACPS Council of Ministers that unless the bloc redefines its priorities by focusing on issues that matter most to ordinary citizens, it risks losing its relevance.

The OACPS brings together countries from Africa, the Caribbean and the Pacific to promote cooperation on trade, sustainable development and political dialogue.​

Tags: Africa

RelatedNews

News

NCDC records 259 deaths in 24 states from Lassa fever in 2026

September 23, 2026
News

Recapitalisation: NAICOM Demands Stronger Capacity, Better Claims

September 23, 2026
News

Dear Congress: Don’t Make America’s Diesel A Hostage To Your Election Year Politics

September 23, 2026
News

When the Wind Doesn’t Blow

September 23, 2026
News

Wike: FCT executes over 60% of 2026 capital budget, targets year-end project delivery

September 23, 2026
News

Peter Okoye confirms receiving $800k PSquare royalties

September 23, 2026
Next Post

UN Sanctions Six Armed Group Leaders, Two Entities In Congo

FACT CHECK: Old footage of Nigerian soldiers used to depict response to a bandit ambush

Latest News

Senate President appeals for exemption of Federal Lawmakers in withdrawal of police from VIPs

NPFFT warns Akpabio against utterances that could divide Cross River and Akwa Ibom

September 25, 2026
Ovats Architecture Foundation institutes best graduating student award at UNICROSS

Ovats Architecture Foundation institutes best graduating student award at UNICROSS

September 24, 2026
LIVE STREAM: Partizan Mozzart vs Olimpia Milano | 2026 EuroLeague

LIVE STREAM: Partizan Mozzart vs Olimpia Milano | 2026 EuroLeague

September 24, 2026
LIVE STREAM: Kosner Baskonia vs Olympiacos Piraeus | 2026 EuroLeague

LIVE STREAM: Kosner Baskonia vs Olympiacos Piraeus | 2026 EuroLeague

September 24, 2026
LIVE STREAM: England vs Colombia | UEFA Friendship Cup 2026

LIVE STREAM: England vs Colombia | UEFA Friendship Cup 2026

September 24, 2026

Topics

  • Latest News
  • Nigeria
  • Africa
  • Europe
  • Asia
  • Americas
  • United States

Social Media

  • WhatsApp
  • Facebook
  • X (Twitter)
  • YouTube
  • LinkedIn

Special Topics

  • Column
  • Bassey Otu
  • Bola Tinubu
  • Special Reports
  • Profile & Biography
  • Opinion
  • Latest News
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.

No Result
View All Result
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.