AGP Executive Report
Last update: 8 hours agoBanking & Growth Finance: Uganda’s tenfold $500b-by-2040 ambition can’t be funded by commercial bank lending alone, so banks are pushing new funding models—capital markets, development finance and tech-driven savings—at the Uganda Bankers Association conference in Kampala on Sept 18. Oil Policy Protest Case: A Kampala court charged and remanded 10 anti-EACOP/anti-oil activists for allegedly causing danger on a public road while delivering a petition on oil policy changes; bail hearing is set for Sept 18. Mining Regulation Reset: Uganda imposed a one-month moratorium on new mineral licences and exploration rights to curb speculative claims and tighten oversight, aligning the sector with the tenfold growth agenda. Green Enterprise Funding: The EU committed Shs29b to Uganda’s green business finance push (UGEFA Phase II), building on earlier loans to green SMEs through partner banks like Equity and others. Digital Infrastructure Investment: WIOCC secured a $300m investment deal with AFC and Vision Invest to expand open-access digital infrastructure across Africa, including Uganda’s telecom shareholder base. Agri Input Support: Government will distribute 173,913 fertilizer bags free to tea farmers (and later coffee and cocoa) to tackle low soil fertility and boost yields. Trade & Industry Links: Uganda and Serbia plan deeper defence, agriculture, trade and science ties after trade hit about Shs147b in 2025. Inflation Watch: UBOS reports Kampala high-income inflation at 4.9% (year ending Aug 2026), driven by information/communication and alcohol/tobacco/narcotics. Roads & Logistics: Buhweju renewed calls for a long-promised tarmac road after nearly four decades of delays, while Transaid launched its 2026 Christmas Appeal focused on road safety and healthcare access.
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