General
Ambassador Marantis delivers public lecture on Trade and Investment
“Thank you very much for welcoming me to Makerere University. I am here today as Deputy United States Trade Representative representing President Obama’s Administration on my first trip to Uganda.” Remarked Ambassador Demetrios Marantis as he kicked off his Public Lecture on U.S. – Africa Trade and Investment in the 21st Century, held at the Food Science and Technology Conference Hall on February 16th 2010.
“Thank you very much for welcoming me to Makerere University. I am here today as Deputy United States Trade Representative representing President Obama’s Administration on my first trip to Uganda.” Remarked Ambassador Demetrios Marantis as he kicked off his Public Lecture on U.S. – Africa Trade and Investment in the 21st Century, held at the Food Science and Technology Conference Hall on February 16th 2010.
He intimated that this trip was a culmination of a twenty year journey, which began while, he was researching a paper on philanthropic foundations and the development of higher education in Africa focused on Makerere University. The Ambassador could not hide his sense of fulfillment at finally visiting this center of excellence, which groomed many African leaders like Presidents Mwai Kibaki and Joseph Kabila including former President Mwalimu Julius Nyerere. However, he could not help but reveal that his mind was full of questions about the future of trade and investment between Africa and the United States, which formed the basis of his trip.
Talking about the opportunities created by the African Growth and Opportunity Act (AGOA) , Ambassador Marantis couldn’t help but notice that over the last eight years, U.S.-sub-Saharan African trade had more than doubled, a feat he hoped would improve even further with the establishment a regional American trade competitiveness hub in Nairobi ; funded by USAID, where Ugandans can receive AGOA-related training and technical assistance.
Referring to the challenges faced in the past, especially the global economic crisis, the Ambassador offered his assurance “I am committed to working with you to get things right. Together we can find the right economic policies, the right trade policies, and the right solutions for Uganda’s and America’s mutual prosperity.” He also mentioned his participation in the first-ever council meeting under the U.S.-East African Community (EAC) Trade and Investment Framework Agreement (TIFA) the previous day, which he hoped would deepen U.S. economic engagement and cooperation with Uganda and the other four members of the EAC.
After His Excellency’s remarks, Prof. Ddumba-Ssentamu, who chaired the Question and answer session thanked the Ambassador for his commitment to putting in place policies that would foster development, and reiterated that indeed, Trade and Investment were the way forward for Africa and Uganda in particular in as far as achieving economic growth was concerned.
Reacting to questions about the American Government continuing to offer subsidies to its farmers while on the other hand promoting AGOA and doing nothing tangible to help Uganda farmers actually diversify their exports, Ambassador Marantis admitted that AGOA had indeed registered as many challenges as it had successes. He acknowledged that one of these was the competitiveness of African products versus those from Asia, which have a lower cost of production and transportation. However, he emphasized that AGOA is only one such initiative of the American Government, with others aimed at different sectors like Transportation and Health.
With Uganda’s diversity of wildlife and unique climate in mind, a student from the Faculty of Economics and Management wanted to know what policies were in place to help Uganda profit from tourism. In response Ambassador Marantis revealed that he had only learnt that Uganda had unique tourist activities like gorilla trekking , mountain climbing and white water rafting after visiting for the first time. As such, he stressed that Uganda as a country needs to a better job of marketing itself on the tourism front so as to fully exploit this almost untapped sector.
A discussant who admitted to not hearing a lot about investment from the Ambassador’s talk was curious as to how the U.S. trade and investment strategy would eventually map out. The Ambassador used this opportunity to stress the goal of the TIFA, which was to enable Investors in the U.S. become aware of trade and investment opportunities, while at the same time helping its EAC counterparts to learn of American opportunities. He however noted that this was also based on the African countries creating an overall climate that is friendly to trade. He cited the example of the US-Rwanda Bilateral Investment Treaty (BIT) , signed in 2008 after favorable conditions of investment had been put in place by the Rwandan Administration.
The session got livelier, with the Ambassador appreciating the brilliance of the audience as he was often awed by the Students’ comments and questions. He however, urged the students to exploit the opportunities offered by Makerere University so that they could provide the much needed capacity in terms of policy making and implementation. He also counseled that it was not up to the U.S. to decide Africa’s path. He opined that Africa needed to identify its potential strengths, prioritize them, and exploit them fully so as to benefit from opportunities like AGOA. He discouraged the concept of “protectionalism” noting that countries like Vietnam were only able to experience exponential growth, after opening up their economies fully, and providing a conducive environment for investment. When put to task as to why American researchers and companies went ahead to patent those products manufactured as a result research done in Africa, which made accessing them expensive eventually, the Ambassador had to admit that whereas it was a delicate issue to deal with, there had been gradual progress made at striking a balance between not patenting so that that the eventual products are cheaper and patenting so that research-based companies and organizations might benefit from their investments.
Prof Ikoja-Odongo, who represented the Acting Vice-Chancellor Prof. Venansius Baryamureeba , thanked Ambassador Demetrios Marantis for delivering his inaugural lecture at Makerere and admitted that though it was a lively debate, the Ambassador was more at the receiving end of questions that should have been directed at Ugandan policy and decision makers. He concluded the lecture by encouraging the students to take on the Ambassadors challenge and become the much-needed professionals that they demand of this country. “Empowerment should enable you to go back to your community and put into practice what you learnt for the benefit the people” he said.
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General
Makerere University and World Bank Sign Partnership to Strengthen Environmental and Social Sustainability Capacity
On 5th March 2026, Makerere University signed a Memorandum of Understanding (MoU) with the International Development Association (IDA), the financing arm of the World Bank Group, establishing a strategic partnership aimed at strengthening environmental and social sustainability systems in Uganda and the wider East African region.
The collaboration brings together Makerere University through the College of Agricultural and Environmental Sciences (CAES) and the College of Humanities and Social Sciences (CHUSS) and the World Bank to jointly advance training, research, and policy advisory in environmental and social sustainability.
The three-year agreement provides a framework for cooperation focused on building national capacity to manage environmental and social risks associated with large-scale development investments.
Advancing Sustainable Development through Knowledge Partnerships
The partnership will be anchored in the Environment and Social Sustainability Centre (ESSC) at Makerere University, a national hub established to promote applied research, policy engagement, and professional training in environmental and social governance.
Through the Centre, the two institutions will collaborate to strengthen Uganda’s ability to plan and implement development projects in ways that safeguard communities and the environment.
Speaking during the signing ceremony, Ms. Francisca Ayodeji (Ayo) Akala, the World Bank Country Manager emphasised that the collaboration reflects a shared commitment to strengthening systems that support sustainable growth.
“This partnership with Makerere University is an important step in strengthening Uganda’s systems for environmental and social sustainability. By working through the Environment and Social Sustainability Centre, we aim to build the capacity of professionals across government, the private sector, and development institutions to better manage environmental and social risks and deliver investments that promote sustainable growth while protecting people and the environment.” Ms. Francisca Ayodeji (Ayo) Akala, World Bank Country Manager, Uganda, noted.
The partnership will support training, research, and policy advisory activities through the ESSC, helping Uganda pursue a development trajectory that promotes economic growth while protecting people and the environment.
Building National Capacity for Environmental and Social Risk Management
Uganda’s development agenda under the Fourth National Development Plan prioritises large-scale investments in infrastructure, agro-industrialisation, energy, and science and technology. However, such investments require strong environmental and social risk management systems to ensure sustainable outcomes.
The new partnership, therefore, focuses on building a skilled workforce capable of applying international best practices in environmental and social governance.
Under the MoU, Makerere University will design and deliver demand-driven short-course training programs targeting public sector officials, development practitioners, financial institutions, civil society organisations, and private sector actors implementing major projects.
Seven certificate-level short courses have already been developed and approved across multiple colleges at the University. These courses cover areas such as environmental and social risk management, climate risk assessment, construction health and safety, and integrating environmental and social considerations into investment cycles.
“Makerere Universityis proud to partner with the World Bank in strengthening Uganda’s capacity to manage environmental and social risks in development investments. Through the Environment and Social Sustainability Centre, we have already developed and approved seven certificate-level short courses across multiple colleges, designed to equip professionals in government, the private sector, and development institutions with practical skills to plan and implement sustainable projects. This collaboration reflects Makerere’s commitment to providing knowledge-driven solutions that support Uganda’s development while safeguarding communities and the environment.” Prof. Barnabas Nawangwe noted.
Strengthening Collaboration between Academia and Development Partners
As part of the agreement, the World Bank will support the development and delivery of the training programs, including conducting Training of Trainers (ToT) on the Bank’s Environment and Social Standards and international best practices.
The Bank will also leverage its convening power to encourage participation from development partners, government institutions, and project implementers, while supporting impact monitoring of trained professionals to document improvements in project performance and job creation.
The collaboration will further promote professional networking, policy dialogue, knowledge exchange, and the development of knowledge hubs containing environmental and social tools, databases, and resources for practitioners.
Positioning Makerere as a Regional Knowledge Hub
Through this partnership, Makerere University seeks to position the Environment and Social Sustainability Centre as a leading knowledge hub for environmental and social governance in Africa.
By combining academic expertise with the World Bank’s global experience in development financing and technical assistance, the initiative is expected to strengthen the institutional capacity required to deliver sustainable and climate-resilient investments in Uganda.
The partnership also aligns with the World Bank’s broader commitment to supporting Uganda’s development agenda and strengthening country systems for environmental and social sustainability.
Together, the two institutions aim to equip professionals across government, the private sector, and development organizations with the skills required to ensure that Uganda’s development pathway remains inclusive, responsible, and environmentally sustainable.
Caroline Kainomugisha is the Communications Officer, Advancement Office, Makerere University
General
Makerere University Explores Expanded Partnership with Stanbic Bank to Advance Innovation and Investment
On 5th March 2025, the Vice Chancellor, Makerere University, Prof. Barnabas Nawangwe, paid a courtesy visit to Stanbic Bank Uganda’s Chief Executive Officer, Mr Mumba Kalifungwa. The purpose of the visit was to explore areas for further collaboration with Stanbic Bank Uganda to strengthen innovation, entrepreneurship, and strategic investment.
The engagement reaffirmed the long-standing relationship between the two institutions and provided an opportunity to explore how academia and the financial sector can work together to unlock opportunities for students, staff, alumni, and the broader Ugandan community.
Discussions during the meeting focused on innovation and entrepreneurship support, student development programs, infrastructure partnerships, and investment opportunities linked to the University’s strategic development agenda.
Driving Innovation and Youth Entrepreneurship
During the engagement, the Vice Chancellor highlighted Makerere’s continued efforts to position itself as a research-led and innovation-driven university, emphasising the importance of partnerships with industry in translating academic research and ideas into practical solutions.
He underscored the need to empower young people with the skills and support required to create enterprises and generate employment opportunities, given Uganda’s fast-growing population, particularly the mushrooming young population. According to UBOS, by 2024, the young population was approximately 22.8 million persons out of a total population of 45.9 million people.
“If we do not support young people to innovate and create enterprises, we risk facing serious economic and social challenges. The employment of the future will increasingly be created by young people themselves,” he noted.
Among the proposals discussed was the possibility of establishing a Stanbic-supported innovation competition, aimed at stimulating entrepreneurship and providing a platform for students and young innovators to transform ideas into viable businesses.
Such an initiative could build on existing innovation and incubation programs run at Makerere and Stanbic Bank while strengthening collaboration between academia and the private sector in supporting enterprise development.
Expanding Strategic Collaboration
Speaking during the meeting, Mr Mumba Kalifungwa, the Chief Executive Officer of Stanbic Bank Uganda reaffirmed the bank’s commitment to strengthening its partnership with Makerere University.
He noted that while the bank has long provided financial services to the university and its staff, there is a significant opportunity to deepen collaboration in areas that generate broader societal impact.
“As an institution, we are interested in partnerships that go beyond financial services to create meaningful impact in society through the Stanbic Bank positive impact agenda. Education is one of the most important sectors through which we can drive that impact,” he noted.
The CEO also highlighted Stanbic Bank’s National Schools Championship program, which promotes innovation among secondary school students across Uganda, noting that a similar approach could potentially inspire initiatives at the university level.
Exploring Investment and Infrastructure Opportunities
The meeting also explored opportunities for collaboration in investment and commercialisation initiatives linked to university infrastructure and land assets.
University representatives shared insights into ongoing efforts to explore public–private partnership (PPP) models for strategic investments aimed at improving infrastructure and unlocking value from underutilised university assets.
Potential development opportunities discussed include projects related to hospitality facilities, commercial spaces, and other revenue-generating infrastructure within and around the university. Such initiatives could provide sustainable revenue streams for the university while creating opportunities for private sector participation in campus development.
Supporting Students, Staff, and Alumni
Additional discussions focused on expanding programs that benefit the wider Makerere community. These include financial literacy initiatives for students, expanded internship and graduate training opportunities, and collaborative programs to support student entrepreneurship and enterprise development.
The meeting also explored opportunities for collaboration in alumni engagement, leveraging Makerere’s extensive global alumni network to strengthen partnerships between the university and industry.
Programs aimed at improving financial preparedness and retirement planning for staff were also discussed, alongside potential housing and asset financing solutions tailored to the needs of university employees.
“Through this partnership, we are exploring opportunities that support the entire Makerere community, from financial literacy and entrepreneurship programs for students to internship pathways, alumni engagement, and financial preparedness initiatives for staff. These efforts will be anchored within the renewed collaboration framework between Makerere University and Stanbic Bank Uganda,” said Mr Awel Uwihanganye, Chief Advancement Officer.
The Chief Advancement Officer further noted that these initiatives are expected to be anchored within a renewed Memorandum of Understanding (MoU) between Makerere University and Stanbic Bank.
A Shared Vision for Impact
Both institutions expressed optimism about the potential of the partnership to contribute to national development by supporting innovation, enterprise creation, and the development of future leaders.
As Makerere University continues to strengthen its role as a leading research and innovation institution in Africa, partnerships with forward-looking institutions such as Stanbic Bank Uganda remain critical in advancing the university’s mission of generating knowledge, nurturing talent, and driving solutions that address national and global challenges.
Caroline Kainomugisha is the Communications Officer, Advancement Office, Makerere University
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