• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Farmers to benefit from aBi’s multi billion funding to agricultural businesses in Uganda

Watchdog Uganda by Watchdog Uganda
3 years ago
in Agriculture, Business
15 1
Agricultural Business Initiative Development Finance CEO, Mona Muguma-Ssebuliba

Agricultural Business Initiative Development Finance CEO, Mona Muguma-Ssebuliba

ShareTweetSendShare

By John Kusolo

Agricultural Business Initiative Finance together with the European Union in Uganda, Danish Investment Fund for developing countries (IFU) have signed a Memorandum of Understanding that will facilitate the funding of agricultural businesses in Uganda.

Over 1.4 million Small scale farmers have already benefited from over Shs3.5 trillion availed by 65 financial institutions from Tier 1 to the lower Tier.

Agricultural Business Initiative –aBi is a social enterprise that channels development funding to agribusinesses and agriculture in Uganda.

Agricultural Business Initiative Development Finance CEO, Mona Muguma-Ssebuliba expressed that this occasion gives one time for reflection and it cultivates new business relationships which is fundamental to enhance wealth creation for farmers and environmental sustainability in agribusiness. She thanked the donors for contributing 17m Euros.

Agro processing and Value addition in agricultural production can take different forms and levels ranging from the basic to more sophisticated level e.g. packaging, processing, cooling, drying, extracting or any other type of processes that differentiates the product from the original raw commodity. Investment opportunities in agriculture and agro-processing are vast, ranging from cut flower production for exports, oil seed production and processing, cotton production, ginning, spinning and weaving, the production and processing of livestock products.

Opportunities for investment exist in:
Commercial farming in both crops and animal industries, as well as aquaculture, Value addition (Agro-industries -Agro-food industries, Manufacturing of inputs (fertilizers, pesticides etc), Cold storage facilities and logistics, Farm Machinery manufacturing and assembly, Packaging, and Irrigation Schemes.

The Agricultural Sector continues to be the most important sector in Uganda; it employs approximately 69% of the population and contributed about 26% to the GDP.

Agricultural Business Initiative (aBi) is a group of Companies namely aBi Trust and aBi Finance limited, and is a multi- stakeholder entity co-founded in July 2010 by the Governments of Denmark and Uganda with an objective to Promote Private Sector Agribusiness Development to Enhance Wealth Creation in Uganda.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share3Tweet2SendShare

Related Posts

Joshua Kato
Business

JOSHUA KATO: Tax Amnesty re-introduced – A timely opportunity for businesses

10th July 2025 at 09:47
Business

Is Artificial Intelligence Beneficial or Detrimental?

10th July 2025 at 00:17
Business

Henry Mulindwa: A Daily Monitor editor who’s lived with loyalty, love and dedication to friends and company

9th July 2025 at 20:19
Next Post
Suspect at Walukuba police station

Police arrest fake UPDF Brig Gen in Jinja City

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1127 shares
    Share 451 Tweet 282
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    51 shares
    Share 20 Tweet 13
  • Who is Bosco Muwonge, Uganda’s elusive real estate billionaire?

    38 shares
    Share 15 Tweet 10
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2289 shares
    Share 916 Tweet 572
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    49 shares
    Share 20 Tweet 12
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

President Museveni flags off construction of key Kayunga- Galiraya Road to link Northern and Central Uganda 

11th July 2025 at 19:32
Mashable is a global, multi-platform media and entertainment company For more queries and news contact us on this Email: info@mashablepartners.com

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is the undisputed king of Kampala

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

President Museveni flags off construction of key Kayunga- Galiraya Road to link Northern and Central Uganda 

11th July 2025 at 19:32
Dr. Yona Baguma

NARO Director General, Dr. Yona Baguma, Animates CPA Forum with Breakthroughs in Agricultural Research

11th July 2025 at 17:42

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda