Museveni: Africa's Future Lies in Processing Raw Materials

President Yoweri Kaguta Museveni has emphasized the crucial role of processing raw materials for the economic advancement of African nations. He stated that the continent’s future prosperity depends on moving beyond the export of raw goods.

President Museveni firmly believes that those who fail to grasp this vision, particularly those who voice their skepticism in writing, are exhibiting a lack of foresight. He insists that the path to development for all countries, including those in Africa, lies in adding value to their natural resources through manufacturing and processing.

This perspective underscores a commitment to industrialization as a key strategy for self-sufficiency and economic growth on the continent.

Source: https://statehouse.go.ug/swearing-in-speech-by-h-e-yoweri-kaguta-museveni