AGP Executive Report
Last update: 2 hours agoBudget Push for Industrial Growth: Uganda’s FY2026/27 budget totals Shs84.4trn, with Finance Minister Henry Musasizi projecting 10.2% growth as commercial oil production starts and pushing value addition in agriculture and minerals. Oil-to-Industry Readiness: Government also earmarked Shs1.44trn from oil revenues and highlighted new processing moves like a Moroto clinker factory to feed cement production. Security and Investment Climate: Shs10.21trn goes to security, governance and rule of law, including UPDF modernisation, border security, crime intelligence, CCTV and cybersecurity—aimed at protecting investment. Energy for Production: Energy gets Shs2.07trn for Kiba hydro, solar and transmission upgrades, plus preparations for nuclear at Buyende and more industrial power connections. Agro-Industrialisation Funding: Shs2.26trn is allocated to agro-industrialisation (research, irrigation, extension, inputs, post-harvest, processing and market access), though still below Maputo’s 10% target. Transport and Connectivity: Transport infrastructure receives Shs8.79trn for roads, rail, airports and Uganda Airlines, including the Malaba–Kampala SGR and Kabalega International Airport. Fintech and Green Finance: KCB disbursed Sh48.8bn in green loans and screened Sh587.9bn for green eligibility, while MTN moves to separate MoMo fintech operations in Nigeria and Uganda to attract investors. Ebola Watch: In DRC, WHO says three labs ran out of Ebola testing kits as cases surge to 598 and 101 deaths, raising risks for faster isolation and contact tracing.
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