Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank received two prestigious national awards in recognition of its critical role in strengthening Uganda’s economic resilience. The Bank was honored by the Bank of Uganda with the Agricultural Credit Facility (ACF) Award and the Small Business Recovery Fund (SBRF) Award. These …
Read More »A New Chapter: dfcu Foundation to drive inclusive economic empowerment across Uganda.
dfcu Bank Transitions from ADC to dfcu Foundation: expanding impact nationwide. Mbarara, Uganda | THE INDEPENDENT | dfcu Bank has officially launched the dfcu Foundation in Mbarara district, a rebrand of the Agribusiness Development Centre (ADC) under the theme ‘’A New Name, A Renewed Commitment.’’ The launch reiterates the foundation’s commitment …
Read More »Mechanization program targets 1,500 small holder farmers in Northern Uganda
Gulu, Uganda | THE INDEPENDENT | New Energy Nexus Uganda, a global aims to support 1,500 small holder farmers in Northern Uganda through financing mechanization equipment. The Productive Use of Renewable Energy for Agriculture program is targeting small holder farmers in Acholi Sub region to embrace mechanized agriculture, especially irrigation, milling, …
Read More »Youth-led agricultural extension model transforms farming communities
GULU, UGANDA | THE INDEPENDENT | Agricultural extension services in Uganda are receiving a boost through a new model known as the Commercial Community-Based Facilitator (CCBF) approach. The initiative empowers trained youth to fill the longstanding extension services gap, much like Village Health Teams (VHTs) have done in the health …
Read More »Thank you for PDM, but, where are the extension workers?
Uganda’s Third National Development Plan (NDPIII) 2020/21–2024/25 explicitly calls for strengthening agricultural extension systems, but the reality is that farmers have been left in the cold amid climate extremes COMMENT | REGINA ASINDE | Government has pumped trillions of shillings into rural households through the Parish Development Model (PDM), with the …
Read More »Agricultural Financing in Uganda: A transformative approach
OPIION | Julius Akais | The landscape of agricultural financing in Uganda is undergoing a profound transformation, driven by a strategic approach that goes far beyond traditional lending models. At the heart of this revolution is a comprehensive understanding that agriculture is not just about production, but about creating a holistic …
Read More »Maruzi Ranch revitalized 40 years after collapse
Apac, Uganda | THE INDEPENENT | The government has revitalized the 64-square-mile Maruzi Ranch several years after its collapse. Maruzi Ranch, a government-owned facility located in Akokoro Sub-County, Apac District, was leased to Uganda Livestock Industries Limited in 1968 for a 99-year period. The purpose of the lease was to facilitate beef …
Read More »Northern region NRM MPs promote high-value crop cultivation
Gulu, Uganda | THE INDEPENDENT | Members of Parliament from the National Resistance Movement (NRM) in Northern Uganda have launched a campaign aimed at promoting the cultivation of high-value crops to combat poverty in the region. The MPs are encouraging the people of Northern Uganda to embrace economic empowerment through …
Read More »Lack of sensitization limiting farmers’ access to agricultural credit
KAMPALA, UGANDA | THE INDEPENDENT | Lack of information is hindering the utilisation of financial incentives for farmers. Henry Opolot, the Commissioner for Agricultural Extension and Skills Management at the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), while speaking at the launch of the Alliance for a Green Revolution …
Read More »How FINCA Uganda is powering Uganda’s agricultural revival
KAMPALA, UGANDA | THE INDEPENDENT | Agriculture remains the cornerstone of Uganda’s economy, employing 64% of the population and contributing up to 50% of the country’s export earnings. Despite its importance, many smallholder farmers face significant challenges in accessing affordable credit. Traditional financial institutions typically require collateral that rural farmers …
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