General
East Africa to Explore Business Opportunities from Climate Change
Over 100 participants at the 1st Climate Change and Opportunities for Sustainable Business in East Africa Conference have developed a Communiqué that will be presented at the upcoming United Nations Climate Conference (COP21) in December 2015 in Paris, France.
The Minister of Water and Environment, Hon. Ephraim Kamuntu who is scheduled to lead the Ugandan delegation to the 2015 Climate Change Conference (COP21), officially opened the Kampala Conference held on 12th November 2015 on the theme: Supporting the 2015 Paris Climate Change Conference: Climate Change and Opportunities for Sustainable Business in East Africa.
Hon. Kamuntu commended the Royal Embassy of Norway, Makerere University-Uganda, and University of Bergen-Norway, for organizing the conference aimed at exploring and demonstrating through workable models/approaches that sustainable solutions and technology can be enhanced to create business opportunities for the mutual benefits.
“This Conference is timely; for it presents the East Africans with a platform to discuss and come up with a message on climate change and business opportunities that we would like to be captured by over 190 countries in COP21 in 2015. This is a commendable consultative and participatory approach, and I thank the Embassy of Norway, the University of Bergen in Norway, and Makerere University, Kampala for organizing this important conference,” the Minister said.
In the communiqué, the participants comprising government officials, delegation from East Africa and Norway, members of the private sector, development partners and key industry figures, the academia and media recommended to the United Nations Conference of the Parties Conference (COP21) the following:
- The prioritization and mainstreaming of South-North collaborations especially in the areas of research and innovation that are key to attaining climate-friendly development and eventually developing sustainable business enterprises into national policy frameworks.
- Based on the principle of common but differentiated responsibilities, the urgent streamlining of climate financing initiatives including but not limited to carbon markets to enable up-scaling of existing technologies on a massive scale such as the use of solar energy, wind and thermal resources as well as energy saving clean cooking technologies.
- That the Academia, Private Sector and Government form a strong alliance that commercializes research findings, technology and technology transfer as well as innovative approaches towards climate-smart business opportunities at all levels.
- That Non-Governmental Organizations (NGOs), Faith-based organizations, the private sector and the media embrace networking as a mutually beneficial avenue for sharing and disseminating business programs supported by national and regional policy frameworks as well as build capacity of stakeholders to implement viable climate change and business linkages.
Addressing the participants at Serena Hotel Kampala, Hon. Kamuntu said that the effects of climate change in Uganda are already evident in the agricultural sector; affecting the productivity of seasons which have culminated in adverse effects in combination with increasing population growth rate.
“Uganda’s current growth rate indicates that 60% of the population consists of young people below 18 years and 78% of the population is the youth under 35 years. With this kind of population, it will be a wise opportunity and blessing for the country to invest in and develop skills of these young people in order to have a dynamic labor force for Uganda’s economy. However we must recognize that if this is not handled, the combination of climate change with the increasing population can be a disaster,” he stated.
The Norwegian Ambassador to Uganda H.E Susan Eckey said for the world to be able to find solutions to climate change, countries should develop a system for national reporting.
“In the climate meeting in Lima last year, countries agreed to not only set national goals before the Paris conference but also to enhance necessary action, and we see that countries are willing to do more than before. More than 150 countries responsible for 90% of gas emissions have already set their climate goals. These goals show that the transition to the low emission societies has begun,”she said.
Her Excellency informed the participants that Norway has set three top priorities ahead of the upcoming Paris conference. These include: a long term vision; countries to update and upgrade their climate goals every five years; and a system for national reporting.
Highlighting the issue of temperature change and its adverse impact on human and natural systems, the Rector of University of Bergen, Prof. Dag Rune Olsen said that by the end of this year 2015, the global average temperature may have a positive milestone of about 1 degree Centigrade above industrial levels as predicted by the UK Meteorological Office.
“This climate change has wide spread impact on humans and natural systems. The increase in temperature will also have widespread impact on bio-diversity, food security as well as affect public health. We shall also witness the increase to geo-hazards. The human influence on the climate system is clear and the recent emissions of greenhouse gasses are the highest in history, that leads us to the reasons as to why the upcoming meeting-the COP21 in Paris is important,” he explained.
Prof. Olsen revealed that the Africa Progress Report shows that Africa can seize climate and all energy opportunities. The new research on the climate economy shared by Lord Stern also illustrates the opportunity to transform and expand the supply of hydroelectric solar Power energy in Africa, which will spur development and reduce on the negative environment effects.
According to the Makerere University Vice Chancellor Prof. John Ddumba-Ssentamu, global attention today is focused on climate change as a critical
driver for development. Prof. Ddumba-Ssentamu mentioned that East Africa and Norway have initiated several joint efforts to address the impacts of climate change while harnessing business opportunities.
“The effects of climate change already have profound and irreversible impact on economic social and environmental systems. They are manifested in several forms including drought, erratic rainfall patterns and other extreme weather events that threatens human health and infrastructure, agricultural production and food security, water and other natural resources and sustainability that are the very core of human survival and economic development. It is therefore very urgent that we come up with both mitigation and adaptation majors that will help us to deal with the evolving climate,” he remarked.
During the conference, participants also discussed the effects of climate change on trade and business, social economic opportunities and development, human health, environment and continental prosperity. Through the various discussions and presentations held, the participants indicated that the high prevalence of food shortages faced by East African countries is caused by the high illiteracy rate and unawareness, marketing bottlenecks, poor agricultural practice, resource depletion and degradation.
Giving the East African perspective on mitigation and adaptation strategies carried out by Makerere University so far, Prof. Samuel Kyamanywa noted that the College of Agricultural and Environmental Sciences (CAES) has integrated aspects of climate change at undergraduate level and introduced new regional Masters programmes. He also shared that the College has developed seeds for rangeland forages, drought and disease resistant varieties of crops as well as carried out extensive research on indigenous multipurpose tree species that can absorb carbon dioxide from the environment.
In a presentation titled, Converting the Climate Change message into suitable business, Mr. Ssewagudde Christopher, Representative from Innovation Norway said: “The emerging opportunities for alternative livelihoods, asset building, improving scientific knowledge for value addition projects, up-scaling, replication and sustainability, institution of linkages and the importance of participatory approaches and addressing cross-cutting issues in business like mainstreaming gender, indigenous knowledge, HIV/AIDS, child protection and disability have changed the standards of living as well as creating more business opportunities for East African people.”
The participants recognized that sustainable solutions and technology can be harnessed to create business opportunities for the mutual benefit of East Africa and Norway in line with international targets including the Sustainable Development Goals (SDGs).
They also appreciated the support provided by the United Nations through Intergovernmental Panel on Climate Change (IPCC) and Conference of the Parties towards an international agreement of dealing with the Climate Change adaptation and Mitigation.
During the conference, the Minister of Water and Environment Hon. Ephraim Kamuntu, H.E. Susan Eckey and Prof. John Ddumba-Ssentamu were presented with signed copies of a book entitled Responsible and Profitable: Strategies for Sustainable business models by Authors Sveinung Jørgensen and Lars Jacob Tynes Pedersen. The book connects Business with Climate Change and provides knowledge on how countries can utilize opportunities availed by the current climate change.
Article by: Mak Public Relations Office
General
From Campus to Career: Makerere Advancement Office, 91st Guild and the DFCU Foundation Equip Students with Financial and Employability Skills
On 4th December, 2025, over 200 final-year students gathered at the School of Pharmacy Auditorium for the highly engaging Career & Financial Literacy Symposium, hosted by the 91st Students’ Guild, in partnership with the Makerere Advancement Office and the DFCU Foundation.
The symposium centred on student advancement through strategic partnership, convening students, administrators and development partners for a practical conversation on career readiness, financial literacy, employability, and personal development.
Advancement Through Partnerships
Speaking on behalf of the Makerere Advancement Office, Mr Awel Uwihanganye, Chief Advancement Officer, underscored the importance of partnerships such as the one with DFCU Foundation. He highlighted their importance in equipping students with marketplace skills and opportunities vital for individual growth after University.
He reflected on the university journey as a formative period for ideas, innovation, and lifelong relationships, noting that:
“University is where impressions are made, and future networks are born. The friendships, character, and collaborations you develop here become foundations for careers, enterprises and leadership later in life.”
Mr. Uwihanganye encouraged students to embrace entrepreneurship, creativity and innovation, arguing that the emerging workforce is driven by technology, multi-tasking ability and idea generation rather than traditional single-path employment. He challenged students to build businesses, use digital platforms productively, and regard employment as only one income stream, not the only one.
The Student Perspective — Discipline, Skills and Trust
Speaking on student growth and personal development, Dr. Rodney Rugyema, Deputy Dean of Students, highlighted the realities facing new graduates, especially those entering the job market for the first time. With humour and honesty, he urged students to approach growth intentionally and responsibly.
He called for delayed gratification, financial discipline and long-term decision-making, reminding students that wealth is built, not wished for. He emphasised the importance of skills beyond academic papers, stating that students must be equipped to create value, adapt, learn continuously, and gain competence relevant to modern work demands.
Dr. Rugyema underscored that trust, integrity and reliability remain the most non-negotiable pillars of professional advancement.
“Let people trust you enough to lend you an opportunity. Be a person who delivers. Your reputation is currency; it travels to rooms you are not in.” He noted
Financial Literacy for the Next Generation
The keynote training session was delivered by Mr. Simon Omara, Business Advisor representing the DFCU Foundation, who walked students through a highly practical presentation on financial planning, savings culture, credit management, record-keeping, career positioning and entrepreneurship.
With more than 10,000 graduates annually and less than 35% securing employment within the first year, Mr. Omara challenged students to practice financial and career ownership early. His presentation explored:
Key Competencies Students Must Build
- Financial management with a focus on budgeting, saving, and investing early
- Career readiness, CV development, interview skills, and personal branding
- Entrepreneurship and income diversification
- Record keeping and credit management
- Professional conduct and workplace preparation
He reminded students that the future belongs to those who are financially literate, skilled, trusted and entrepreneurial. Through relatable examples and actionable frameworks such as the 70–20–10 rule, the 7-second CV scan, and the 90-day post-graduation growth plan, Mr. Omara equipped participants with practical knowledge they could act upon immediately.
Why This Symposium Matters
This event stands as a testament to the power of partnership-driven student advancement, a core mandate of the Makerere Advancement Office. By convening industry partners like DFCU Foundation, the University continues to ensure that students graduate not only with knowledge, but with tools and readiness for opportunity.
The symposium strengthened linkages between academia and the labour market, expanded students’ perspective on financial independence, and emphasised the value of entrepreneurship, networks and character in shaping future leadership
The Makerere Advancement Office remains committed to facilitating opportunities that empower students to thrive beyond the gates of the University, through partnerships, mentorship, capacity-building, and exposure to real-world skillsets.
“ A degree alone is no longer enough. With partnership, preparation and purpose, our students can build futures anchored in knowledge, opportunity and resilience.” Mr Awel Uwihanganye noted during his remarks.
Caroline Kainomugisha is the Communications Officer, Makerere Advancement Office
Makerere University on 3rd December, 2025 hosted the Tumusiime Mutebile Annual Lecture, a tradition established to honour the life and legacy of the late Prof. Emmanuel Tumusiime-Mutebile, an outstanding alumnus and former Governor of the Bank of Uganda who passed away in 2022. The lecture not only reflects on his remarkable contribution to Uganda’s economic leadership, but also highlights how innovation, resilience, and intergenerational vision can shape Africa’s future.
This year’s edition was anchored on three key pillars—intergenerational leadership, economic resilience, and the power of innovation—themes that defined Prof. Mutebile’s career and continue to influence national development. Through this annual series, the University upholds his memory while also celebrating other African leaders whose work has left a lasting mark on the continent, using their legacies to inspire thoughtful dialogue, policy reflection, and the next generation of transformative thinkers.
Celebrating an Enduring Legacy
In her remarks, the Acting Vice Chancellor, Prof. Sarah Ssali, reflected on Prof. Mutebile’s lifelong commitment to excellence, integrity, and the transformative power of education. She highlighted his journey from a student leader at Makerere to one of the country’s most influential economic thinkers, noting how his leadership in monetary policy, fiscal reform, and economic stabilization reshaped Uganda’s economic trajectory.
Prof. Ssali emphasized that this public lecture series not only honours Mutebile’s legacy but also bridges academia and practice—challenging students, scholars, and national leaders to pursue knowledge that serves the public good. She expressed gratitude to the Bank of Uganda under Dr. Michael Atingi-Ego, dfcu Bank, the GRO Foundation, the Mutebile family, and the Advancement Office for their continued support in sustaining a platform that nurtures economic thought leadership and inspires future generations.
Rt. Hon. Emeritus Amama Mbabazi, a lifelong friend and contemporary of the late Prof. Emmanuel Tumusiime-Mutebile, delivered a deeply personal reflection during the lecture. He recalled their shared beginnings as young student leaders at Makerere, their early political activism, and the historical moments that shaped both their lives and the nation. Speaking as both confidant and colleague, he emphasized Mutebile’s disciplined approach to economic policy, his unwavering belief in strong, accountable institutions, and his commitment to evidence-based, long-term decision making. Mbabazi outlined three pillars of Mutebile’s legacy—policy integrity, institutional strength, and leadership that prepares the next generation—values he affirmed are central to the work of the Tumusiime Foundation, which he now chairs.
He underscored the critical role of the private sector in Africa’s transformation, stressing the need for productivity-driven economies, skilled young people, and policy ecosystems that encourage innovation. He further called for intergenerational leadership that deliberately transfers knowledge, builds enduring institutions, and creates real opportunities for young Africans to lead. In closing, he urged academia, policymakers, and industry to work in partnership, noting that Africa’s progress depends on disciplined leadership, investment in human capital, and a shared commitment to building a future stronger than the present.
Fiscal Policies that have stood the test of time
The Governor of the Bank of Uganda, Dr. Michael Atingi-Ego, honored the late Prof. Emmanuel Tumusiime-Mutebile with a heartfelt tribute, praising him as “a great tree whose roots ran deep beneath the soil of this nation, nourishing all who followed.” He noted that Uganda continues to benefit from the “shade” of the policies Mutebile planted during his 21-year tenure—policies that stabilized the economy, strengthened institutions, and protected the financial system through multiple crises. He highlighted Mutebile’s role in restoring price stability through cash budgeting, bringing inflation down from triple digits to single digits, guiding the country through the 2008 global financial crisis with disciplined monetary policy, and maintaining public trust during the 2011 inflation spike through clear and transparent communication.
Dr. Atingi-Ego also credited him for steering Uganda safely through the COVID-19 pandemic by introducing liquidity support for banks, credit relief for borrowers, and targeted foreign exchange interventions. Reflecting on Mutebile’s long-term impact, the Governor remarked, “These are the ideas he planted—he never lived to enjoy the shade of the tree, but today, the country rests under it.” He further celebrated Mutebile’s commitment to innovation, citing the 2016 amendments to the Financial Institutions Act that unlocked agency banking, bancassurance, and Islamic banking—reforms that today anchor Uganda’s impressive financial inclusion gains.
Intergenerational Leadership blends agility and emotional intelligence
Eng. Dr. F. F. Tusubira delivered a compelling and deeply reflective keynote, grounding the theme “Intergenerational Leadership, Economic Resilience and the Power of Innovation” in both history and lived institutional experience. He expressed serious concern that although Africa is the world’s youngest continent—with over 65% of its population below 35—its systems continue to sideline young people from leadership and national decision-making, even as they are repeatedly called “leaders of tomorrow.” He argued that this generational exclusion is not merely unfair but dangerous, warning that nations cannot secure economic resilience while locking out the very demographic best equipped to navigate a rapidly evolving, technology-driven world.
Drawing on African proverbs, global case studies, and personal anecdotes from Makerere and national institutions, he demonstrated how younger generations bring idealism, agility, innovation, and risk-taking—qualities essential for competitiveness—while older generations contribute emotional intelligence, institutional memory and a heightened sense of danger. He emphasized that progress requires blending these strengths through deliberate structures: fair representation of youth in boards and executive spaces, shared decision-making, reverse mentorship, and an institutional culture that values every generational perspective.
Dr. Tusubira also highlighted the urgent need for education reform, criticizing the continent’s entrenched “learning to pass exams” culture and calling for systems that cultivate creativity, problem-solving, and technical capability. He cautioned that without investing in human capital, digital literacy, and inclusive innovation ecosystems, Africa risks losing the very foundation of future competitiveness. His message was clear and powerful: intergenerational leadership is not optional—it is a survival strategy for institutions, businesses, and nations, especially in an era where, as he quoted, “it is not the strongest who survive, but those most responsive to change.”
The lecture was further enriched by an engaging panel discussion, which was moderated by Prof. Edward Bbaale, the Principal, College of Business and Management Sciences. He opened the discussion by deliberately centering today’s students and emerging leaders, framing the session as an intellectual reflection on the life, values and legacy of the late Prof. Emmanuel Tumusiime-Mutebile. He positioned the lecture’s theme — Shaping Africa’s Future: Intergenerational Leadership, Economic Resilience and the Power of Innovation — as urgent and practical, and introduced a cross-disciplinary panel whose expertise mirrors that urgency: Eng. Dr. F. F. Tusubira, Mr. Charles Mudiwa the Managing Director Dfcu Bank, and Prof. Faisal Buyinza the Ag. Dean, School of Economics.
Prof. Bbaale’s moderation enabled panelists to offer guidance on structural and cultural barriers to youth inclusion, the role of institutions in building resilience, and how academia, industry and policy can work together to turn innovation into jobs and scalable solutions — all the while reserving time for direct audience engagement and practical policy takeaways. Collectively, the panelists urged dismantling age-biased barriers and credential rigidities, creating new entry points and “tables” for youth leadership, scaling finance and training for startups and agribusiness, reforming pedagogy to prioritise skills and creativity, and deepening public-private-academic partnerships so innovation becomes inclusive growth rather than isolated experimentation.
The Family’s heartfelt appreciation
Mrs. Betty Tumusiime-Mutebile delivered heartfelt closing remarks, offering gratitude on behalf of the family and the Tumusiime-Mutebile Foundation. Speaking with deep emotion, she reflected on the late Professor’s character—his honesty, humility, hard work, and unwavering commitment to service above self. She thanked Makerere University, the Bank of Uganda, the Foundation’s leadership, and the many friends and colleagues who have continued to uphold his legacy, noting that although nearly four years have passed since his departure, his memory remains vivid and powerful for the family.
She recalled his devotion to both his public duty and his home, sharing personal stories of his leadership within the family and his steadfast faith that shaped their daily lives. Mrs. Tumusiime-Mutebile also highlighted the Foundation’s ongoing work in youth skilling, ethical governance, and private-sector development—initiatives rooted in his own vision. She concluded by inviting continued partnership to sustain the legacy he built, and led the gathering in singing his favourite chorus, a tender tribute to a man whose influence, she said, endures through the lives he touched.
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