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Nurturing Entrepreneurs: VC Launches Mastercard US$200k Seed Fund

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On Friday, 15th February 2019, the Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe represented by the Principal, College of Business and Management Sciences (CoBAMS) Dr. Eria Hisali launched the Entrepreneurship Seed Fund for the MasterCard Foundation Scholars and Alumni of Makerere University. The Entrepreneurship Seed Fund will support Scholars and alumni to create economic opportunities within their communities through social ventures.  

The Mastercard Foundation announced a seed funding of US$2,000,000 on 11th August 2018 at the Baobab Summit in Kigali, Rwanda, to implement the Foundation’s Strategy in Africa titled: Young Africa Works in the next two years (2018 to 2020). The strategy focuses on finding solutions to the youth employment challenge and reducing poverty in Africa. The Foundation believes that young people, especially Scholars, will drive and lead change in Africa and are already working hard to fulfill this vision.

Makerere a partner university with Mastercard Foundation received US$200,000 as an Entrepreneurship Seed Fund. According to the Coordinator of the MCF Scholars Program at Makerere University Dr. Florence Nakayiwa, the funding will be geared towards nurturing scholars to come up with social and business ventures. The funds will also help to deepen the development of skills and mindsets required of Scholars as transformative leaders, committed to improving the lives of others.

“The Program Implementation Team designed a seed funding framework to ensure that, the fund will have the greatest impact possible in developing the Scholars as transformative leaders, creating jobs and change through the business ventures. In some cases, Scholars’ ventures will also serve as a ‘transition’ vehicle for them to gain employment after graduating university through their ventures” she said.

The Vice Chancellor's Representative-Dr. Eria Hisali (R) and Coordinator of the MCFSP at Makerere University Dr. Florence Nakayiwa (L) applaud during the proceedings

The Internship and Entrepreneurship Coordinator of the MCFSP at Makerere University Mr. John Osuna said that the Entrepreneurship Seed Fund is open to all business concepts or social projects that have a high-growth potential, are profitable in nature, have the ability to create jobs and are scalable. The eligible business concepts or ideas include; innovations in Sustainable Agriculture, applications of the service or technological innovation, food processing, tourism, trading, renewable energy, fashion, education, health, artificial intelligence and scaling up existing concepts or ideas.

Mr. Osuna also mentioned that the Fund is ring fenced for the Mastercard Foundation Scholars and Alumni as Principal Investigators or Team Leaders, but the Scholars are encouraged to work with other non-Scholars (other students in at Makerere University) on profitable and social impact projects.

“The first cycle commences this month on 23rd February 2019 with a Social design course for 6 weeks among other development support inclusive of finance up to US$6,000 per project, and mentorship; the second cycle, will be in February 2020,” he explained.

Eligibility and selection criteria     

  • Scholars in their final year of study supported by the Mastercard Foundation Scholars Program at Makerere University.
  • Scholars must be the team leaders in a team of two to four people.
  • Where the Scholars choose non-Scholars on their teams, the non-Scholars must be final year students at Makerere University and should not be more two per team.
  • The business concepts or Social Venture Projects should be profitable, scalable and be able to create jobs for youth.

A former Guild President and Business Development Manager at Enterprise Uganda, Mr. Ronald Edward Mukasa encouraged young entrepreneurs to always be innovative and flexible

At the launch of the Entrepreneurship Seed Fund, Prof. Eria Hisali, thanked Mastercard Foundation for the bright idea that is going to change the mindsets of scholars towards business development.  Prof. Hisali said that Makerere University has embarked on looking for work placements and opportunities that can support students’ social and business ideas.

“We have realized that unemployment is a big challenge to our students, therefore, we have embarked on seeking opportunities that can provide with students either jobs, or ideas to support their ventures. We are getting touch with the government to tap into the wealth creation programs that are geared towards helping youth. The University is revitalizing its Endowment Fund, and we believe that; as the funds grow, some should be channeled to these entrepreneurial activities,” he said.

He urged scholars to fully utilize the opportunity from Mastercard Foundation and build their entrepreneurial world.

He called upon students and other youth to tap into the government programs when he said, “as long as you are organized, this support will be availed to you.  To the Scholars and Alumni, access to the seed fund is going to be a competitive process. Therefore, to the business projects that succeed I wish you the best in your new enterprises and to the ones that do not succeed, I believe the skillset acquired during the development support will place you in a better position to pitch your projects to other organizations in Uganda and beyond for funding.”

Some of the Scholars who attended the event smile for the camera

Mr. Ronald Edward Mukasa, the Business Development Manager at Enterprise Uganda, encouraged young entrepreneurs to always be innovative and flexible.  In a presentation he made, Mr. Mukasa called upon scholars to pay attention to the 3Cs (Care, Competence and Character) when preparing to join the business or social venture sector. According to him, the business world is looking for people who can find problems and look out for the solutions. He therefore said that someone’s passion matters when engaging in business.

“The reason one goes to school is to discover him or herself. Have passion while working on your ventures and be exceptional. The new environment has space for someone that has an excellent idea.  People are willing to pay attention to someone who is good at what he or she is doing. Therefore, you need to go beyond wearing a jersey and be able to score a goal,” he advised.

At the same function, the Vice chancellor launched the Mastercard Foundation Scholars Program (MCFSP) Alumni Association; a network that brings together graduates of MCFSP at Makerere University to share opportunities in academics, employment and entrepreneurship among activities.

The Principal Public Relations Officer of Makerere University Ms. Ritah Namisango encouraged students to fully utilize all the available volunteering opportunities, since this will help them to accumulate the much needed experience as they transition from the academic to the professional work environment.

The Scholars Council Representative on MCF Mr. Petere Ngobi and the Alumni Association Representative Mr. Charles Katuramu encouraged scholars to always take up leadership positions and develop their societies.

Guests were entertained by a remarkable poem from Mr. Andrew Muwhezi; a scholar from CoBAMS, as well as a team of scholars from Lane256.

Article Written by Public Relations Office

Proscovia Nabatte

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AR Department Bids Farewell to Mr. Ssentongo and Ms. Akoli

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Mr. Charles Ssentongo (C) and Ms. Betty Akoli (3rd R) are joined by Staff and Family to cut cake at the farewell luncheon on 18th September 2026. Farewell Luncheon held by Department of Academic Registrar in honour of Mr. Charles Ssentongo, Deputy Academic Registrar – Undergraduate Admissions and Records and Ms. Betty Akoli, Assistant Academic Registrar presided over by Ag. Academic Registrar Ms. Prossie Nakayiki, 18th September 2026, Senate Conference Hal, Level 4, Senate Building, Makerere University, Kampala Uganda, East Africa.

By Gerald Ochwo

On Friday 18th September 2026, the Department of the Academic Registrar, Makerere University, held a befitting farewell ceremony in honour of Mr. Charles Ssentongo and Ms. Betty Akoli, who have retired from University service upon attaining the mandatory retirement age of 60 years.

Mr. Ssentongo retires as Deputy Academic Registrar in charge of Undergraduate Admissions and Records, after 26 years of dedicated service to the University, a journey he began in 2000. Ms. Akoli retires as Assistant Academic Registrar.

Ms. Prossie Nakayiki (L) poses with Mr. Ssentongo (C) and Ms. Akoli (R) shortly after presenting them with their plaques. Farewell Luncheon held by Department of Academic Registrar in honour of Mr. Charles Ssentongo, Deputy Academic Registrar – Undergraduate Admissions and Records and Ms. Betty Akoli, Assistant Academic Registrar presided over by Ag. Academic Registrar Ms. Prossie Nakayiki, 18th September 2026, Senate Conference Hal, Level 4, Senate Building, Makerere University, Kampala Uganda, East Africa.
Ms. Prossie Nakayiki (L) poses with Mr. Ssentongo (C) and Ms. Akoli (R) shortly after presenting them with their plaques.

The farewell, held in the Senate Building Conference Hall, was presided over by Ms. Prossie Nakayiki, the Acting Academic Registrar, and was attended by members of the Senior Management Team and staff of the Academic Registrar’s Department.

In recognition of their distinguished and spotless service, the two retirees were awarded institutional plaques and assorted gifts from the Department and individual members of staff.

Mr. Ssentongo and Ms. Akoli receive gifts from staff of their former Units including Mr. Justus Karegyeya (2nd L) the Ag. Deputy Academic Registrar, Undergraduate Admissions and Records. Farewell Luncheon held by Department of Academic Registrar in honour of Mr. Charles Ssentongo, Deputy Academic Registrar – Undergraduate Admissions and Records and Ms. Betty Akoli, Assistant Academic Registrar presided over by Ag. Academic Registrar Ms. Prossie Nakayiki, 18th September 2026, Senate Conference Hal, Level 4, Senate Building, Makerere University, Kampala Uganda, East Africa.
Mr. Ssentongo and Ms. Akoli receive gifts from staff of their former Units including Mr. Justus Karegyeya (2nd L) the Ag. Deputy Academic Registrar, Undergraduate Admissions and Records.

Mr. Ssentongo and Ms. Akoli’s retirement follows that of other senior members of the Department, including Mrs. Patience Mushengyezi, who retired earlier this year.

The Department of the Academic Registrar remains deeply indebted to Mr. Ssentongo and Ms. Akoli for their highly committed, exemplary, and dedicated service to Makerere University. We wish them a happy, healthy, and fulfilling retirement.

Ms. Betty Akoli receives a gift from a former colleague. Farewell Luncheon held by Department of Academic Registrar in honour of Mr. Charles Ssentongo, Deputy Academic Registrar – Undergraduate Admissions and Records and Ms. Betty Akoli, Assistant Academic Registrar presided over by Ag. Academic Registrar Ms. Prossie Nakayiki, 18th September 2026, Senate Conference Hal, Level 4, Senate Building, Makerere University, Kampala Uganda, East Africa.
Ms. Betty Akoli receives a gift from a former colleague.

We celebrate you.

More photos from the event: https://flic.kr/s/aHBqjD5btz

Mak Editor

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Prof. Sarah Ssali shares institutional best practices ahead of The Trust Summit

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Prof. Sarah Ssali, Panelist, Virtual Round Table on Restoring Trust in Academia and the Knowledge Economy, September 15, 2026. Graphic: X/@GTSummit2026

Prof. Sarah Ssali the First Deputy Vice Chancellor in charge of Academic Affairs (DVCAA) at Makerere University was one of the panelists that addressed the complex challenges facing African higher education during a Virtual Round Table on Restoring Trust in Academia and the Knowledge Economy held September 15, 2026. The event was organised by Strathmore University as part of the pre-summit events for The Trust Summit (TTS), due to be held in Nairobi, Kenya from October 21-23, 2026.

She was also welcomed in her capacity as the Director of the African Research Universities Alliance (ARUA) Centre of Excellence in Notions of Identity, a platform she used to deliver warm regards from the Vice Chancellor, Prof. Barnabas Nawangwe. Other panelists included; Dr. Vincent Ogutu-Vice Chancellor, Strathmore University and Prof. Gilbert Kokwaro-Director, Institute of Healthcare Management, Strathmore University Business School, while the Moderator was Dr. Maureen Syallow-Senior Lecturer, Strathmore University.

In her submission, Prof. Ssali emphasised the need to understand that universities are working in a turbulent times, and do not deserve to be at the receiving end of some of the challenges being ascribed to them. She added that challenges affecting society ought to be handled in partnership with other stakeholders and key players.

An example of this kind of criticism is on the question on the quality and integrity of degrees that has come up severally and is being fueled by the fact that not many graduates can find gainful employment after completing university.

“We have many more people living longer, getting educated, and chasing fewer jobs. For example, in the case of Uganda, we graduate around 40,000 students per year, but only 700 jobs are being created in the public sector per year” she noted.

Turning to the need to maintain standards and trust, Prof. Ssali outlined the rigorous systems already in place. These include holistic curriculum development involving stakeholders such as the National Council of Higher Education, Government Ministries, and the National Planning Authority.

Prof. Ssali also highlighted the importance of quality assurance, international benchmarking, and constant evaluations. She nevertheless conceded that despite having all these efforts in place, universities still face immense pressure from ranking systems and the need to prove their worth.

Reflecting on the historical debate regarding the role of an African university, she contrasted the school of thought advocating for global competitiveness with that emphasising practical relevance to local development challenges, concluding that taking the middle path; globally competitive and locally relevant, remains the viable option.

Addressing the issue of trust directly, Prof. Ssali noted that universities, just like the aviation and healthcare industries, are more concerned with what systems are in place to correct any errors should they arise.

She explained that just as one plane crash does not shut down the aviation industry, a single failure in a university does not warrant shutting it down. Instead, the focus should be on checking the black box, correcting errors, and improving standards to ensure the institution continues to serve its purpose.

Elvis Lubanga, Makerere University, Kampala Uganda, East Africa.
Elvis Lubanga

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“We are moving in the right direction” Prof Nawangwe to Press

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Seated: Prof. Barnabas Nawangwe (C) flanked by Prof. Sarah Ssali (2nd L) and Prof. Moses Musinguzi (2nd R), Members of Management and other officials (Seated and Standing) at the Press Conference on 15th September 2026. Vice Chancellor's Press Conference, VC's Boardroom, Main Building, Kampala Uganda, East Africa.

Addressing members of the Media at the Vice Chancellor (VC)’s September 15, 2026 Press Conference, Prof. Barnabas Nawangwe shared that Makerere University rose 295 places moving from 1,071st in 2025 to 776th in the July 2026 Webometrics Ranking of World Universities. This is a noteworthy improvement on a global scale and on continental level, where the university moved from 13th place earlier this year to 11th.

Still in the right direction, the number of graduate students completing their studies at Makerere has nearly doubled over the past five years as the University steps up efforts to improve training and research output. The completion rates have increased from 1,588 in 2023 to 1,874 in 2024, 2199 in 2025 and 2,922 in 2026.

The Vice Chancellor attributed this growth partly to government funding and digital systems that have been set up to track student progress.

Improving the Academic Environment

In alignment with VC, the First Deputy Vice Chancellor in charge of Academic Affairs (DVCAA), Prof. Sarah Ssali assured the media that a number of quality assurance measures have been put in place to improve the university’s core functions. These range from assessment forms that enable students to evaluate their courses and provide feedback that can be used to improve teaching and learning as well as research environments.

In line with digitalisation of University processes, Prof. Ssali noted that the Academic Management Information System (ACMIS) enables supervisors, colleges and University Management to identify delays in student progress and take corrective action.

The system currently empowers students to track their academic progress and print their own testimonials, and in future, transcripts, without having to queue up. These services are accessible by students who have fulfilled their tuition obligations.

Infrastructure Development

The Acting Second Deputy Vice Chancellor in charge of Finance and Administration (DVC F&A) and Principal, College of Engineering, Design, Art and Technology (CEDAT), Prof. Moses Musinguzi, shared that the university has undertaken extensive infrastructure expansion and renovation projects, with funding from government, philanthropists and donors.

“One of the infrastructures being the building that is going to house the graduate school, among others” he elaborated.

Research News – FLOWERS Project

Makerere University prides itself as a thought leader in knowledge generation for societal transformation and development. Makerere researchers and partners have launched the FLOWERS Project — Facilitating Local Organic Waste Exchange for Regenerative Systems. Led locally by Assoc. Prof. Charles B. Niwagaba, the two-year project (2026–2028) aims to turn restaurant food waste in Kampala into animal feed and organic fertiliser. Project Kick-off Meeting: https://news.mak.ac.ug/2026/09/makerere-partners-kick-off-flowers-project-to-turn-restaurant-waste-into-a-regenerative-resource/

Upcoming Events highlighted

Makerere Marathon
The sixth edition of the Makerere University Marathon will take place on Sunday, 27 September 2026, starting and finishing at Freedom Square. Marathon kits are available at UGX 50,000 and can be purchased online via https://shorturl.at/Vjovo

The Annual Makerere Guild Medical Camp
The camp will be held from 17th to 18th September 2026, starting at 8:00 a.m. to 5:00 p.m., in the Freedom Square. The Camp is organised by Guild leadership under the Office of the Dean of Students. Link: https://events.mak.ac.ug/events/2026/09/17/816

The Press Conference was graced by Members of Management, Staff and the media fraternity who were all appreciated for their contribution informing the public about developments at Makerere. This press briefing is part of the media engagements organised by the university Public Relations Office aimed at fostering open communication lines with the public through the media. It happens every two months with the previous one having taken place on 15th July 2026.

Please see Downloads for the Press Statement and its supporting documents.

Photography by Benite Uwase, Public Relations Office, Makerere University

Elvis Lubanga, Makerere University, Kampala Uganda, East Africa.
Elvis Lubanga

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