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Yield Uganda Investment Fund Commits Shs1.3 Billion to Chemiphar Company

European Union’s ‘Yield Uganda’ Investment Fund has committed Shs 1.3 Billion to Chemiphar Uganda with an aim of enhancing the company’s capacity to meet the growing local demand of quality and efficient laboratory testing services.

Chemiphar Uganda is an internationally accredited analytical laboratory whose core value is to provide testing and inspection to small business enterprises operating in food & beverages, Agro products, environment, pharmaceutical and cosmetics among others.

According to Annick Uytterhaegen founder of Chemiphar, their major aim is to enable agri businesses which are required to meet international standards for both export and local certification of their processed and value added products.

“The funding will help us continue support Uganda industries to export standard products world wide like fish, honey, vanilla, cocoa and many others,” he said.

Uytterhaegen added that most times they have to navigate by winds and tides because quality comes at a cost so they have to continue creating awareness about the importance of quality goods.

The European Union Ambassador to Uganda H.E Attilio Pacific expressed his delight with the new investment on the investment they have made in Uganda.

“This investment we have made is a practical example of progressive partnerships between Europe and Uganda reflecting the new Europe -Africa Alliance for sustainable investment and jobs which aim to promote inclusive growth, job creation and sustainable development in Uganda.”

Attilio also added that the investment will as well play an important role in supporting Uganda’s agriculture SMEs by providing modern testing facilities, helping them unlock important market for production and small holder farmers.

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Richard Byarugaba NSSF’s Managing Director cited that the investment was timely because Chemiphar is the only international accredited laboratory in Uganda to clear agriculture products for export.

“This will help us add value on our products and give our people crepitation to export their goods within the region and beyond.”

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