The Uganda Green Enterprise Finance Accelerator (UGEFA) and NCBA are pleased to announce the next phase of their partnership, reaffirming their shared commitment to advancing sustainable economic growth and environmental stewardship in Uganda. Building on their engagement during UGEFA Phase I, both organisations are now joining forces to scale the reach and impact of green finance for small- and medium-sized enterprises (SMEs) across the country.

Through this strengthened collaboration, UGEFA and NCBA will work together to provide innovative financial solutions and tailored business development support for SMEs driving change in clean energy, sustainable manufacturing, eco-friendly tourism, waste management, and green mobility. Supported by the European Union and implemented by adelphi global gGmbH, this partnership aims to empower enterprises that are delivering positive environmental and social outcomes for Uganda’s communities.

The official launch event, held at Protea Hotel in Kampala, marks a significant step forward in building a robust ecosystem for green business growth. The event also coincides with the opening of a new call for applications, inviting green enterprises to join the UGEFA programme and benefit from capacity building, business advisory services, and access to finance through NCBA and other financial partners.

Leadership Perspectives

Malik Isabirye – Head of Corporate Banking, stated: “We are excited to strengthen our partnership with UGEFA as we work together to catalyse sustainable business growth in Uganda. NCBA Bank is committed to supporting innovative enterprises that are shaping a greener future. By expanding access to green finance and expert guidance, we look forward to enabling more SMEs to scale their impact and drive positive change for our country.”

Cristina Bănuţă, Programme Manager – Access to Finance, Agribusiness and Land at the Delegation of the European Union to Uganda, commented: “The European Union is delighted to support the deepening collaboration between UGEFA and NCBA. By empowering green enterprises with improved access to finance and technical support, we are helping to create a more resilient and sustainable economy. We believe this partnership will unlock new opportunities for Uganda’s SMEs.”

Christine Meyer, Project Lead at UGEFA, said: “We are pleased to continue our journey with NCBA into UGEFA Phase II. This partnership is a testament to our shared vision for a thriving green business sector in Uganda. With the new call for applications now open, we invite entrepreneurs across the country to join us in building a sustainable future together.”

Applications for the UGEFA programme are now open. Green enterprises interested in accessing tailored support and finance are encouraged to apply via the UGEFA website at https://ugefa.eu/apply/ using the code NCBA25.

About UGEFA:

The Uganda Green Enterprise Finance Accelerator (UGEFA) is a transformative initiative focused on driving green growth and sustainable financing in Uganda. Fully funded by the European Union Delegation to Uganda and implemented by adelphi global gGmbH, UGEFA supports green enterprises and collaborates with financial institutions and key stakeholders to facilitate access to green finance for Uganda’s SME sector.

For media enquiries, please contact:

Paula Cros Marchena, Head of Communications, UGEFA

Email: info@ugefa.eu

About NCBA Bank Uganda Limited

NCBA Bank Uganda Limited is a subsidiary of NCBA Group PLC, East Africa’s third-largest bank with an asset base of UGX 960 billion and a strong liquidity profile. Formed from NIC and CBA Banks in 2020, NCBA combines extensive corporate and retail banking experience with leading innovations, offering products from mobile banking, asset finance to tailored investment solutions. Focused on relationship management and customer success, NCBA empowers clients to achieve financial goals while supporting regional economic growth.

For media inquiries, please contact:

Edgar Tusiime

Head, Marketing, Communications & Citizenship

Email: Edgar.Tusiime@ncbagroup.com |Website: https://ug.ncbagroup.com