General
Nurturing Entrepreneurs: VC Launches Mastercard US$200k Seed Fund
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 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.
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.”
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
Makerere University on October 8, 2026 commemorated Nkrumah Day with a Public Lecture at the Yusuf Lule Central Teaching Facility Auditorium. The Lecture gathered students, academics, historians and distinguished guests to discuss Kwame Nkrumah’s contribution and its relevance to Africa.
Organised by Nkrumah Hall under the theme “Leadership, Self-Reliance and Transformation: Reimagining Nkrumah’s Vision for the 21st Century African Youth,” the lecture explored how Nkrumah’s ideals of Pan-Africanism, self-reliance and African unity can guide the continent beyond political independence.
Endorsing Nkrumah’s Vision of Investing in Africa
The First Deputy Prime Minister and Chancellor of Makerere University, Rt. Hon. Dr. Crispus Walter Kiyonga, was the chief guest.
In remarks delivered on his behalf by Dr. Charles Kahigiriza, Dr. Kiyonga said the day was a moment to reflect on Nkrumah’s views on Pan-Africanism and the lessons on self-reliance still held for Africa today and emphasised the importance of keeping Africa’s young talent at home (in Africa).
He then discussed ways of encouraging young people to achieve Nkrumah’s vision, pointing out that Africa is losing skilled people to brain drain as many go abroad to work.
He encouraged young Africans to stay and contribute to the continent’s growth, describing Africa’s potential as a promising asset.
Transformation Requires Discipline
The keynote address was delivered by Prof. Gerald Karyeija, a political analyst and Head of Quality Assurance at the Uganda Management Institute (UMI).
He discussed Nkrumah’s role in championing Pan-Africanism and the formation of the African Union. He acknowledged that “his legacy was also very complex” due to a number of challenges.
Regarding leadership, the professor argued, “leadership does not begin with the title. It begins with responsibility,” adding that “leadership is not only about power, privilege, entitlement, or status. It’s about service. It’s about stewardship.”
He encouraged attendees to emulate Nkrumah by using their knowledge and power for good.
“Don’t get the intellectual power from Makerere to become evil,” he cautioned, stressing that transformation requires discipline.
Universities Turn Knowledge into Action
Associate Professor Gorettie Nabanoga, the Acting Deputy Vice Chancellor for Finance and Administration, represented Professor Barnabas Nawangwe, the Vice Chancellor of Makerere University.
She aligned herself with the previous speakers and urged participants to move beyond simply celebrating Kwame Nkrumah’s memory and begin implementing his vision.
She called for practical action, urging the mobilisation of Pan-Africanism beyond slogans. “Perhaps the Pan-Africanism of this generation must therefore move from solidarity to capacity, from rhetoric to institutions, from potential to production, and from aspirations to implementation,” she said.
On the role of universities, she reiterated that Makerere University is a hub for innovation rather than just a degree-granting institution.
“We are building for the future when we develop people who can think critically, when we generate knowledge, when we challenge perceived knowledge and wisdom, and when we innovate,” she said.
Addressing the students present, she said, “You are not simply the leaders of tomorrow; you are citizens of Africa today. The opportunity you enjoy at Makerere University comes with responsibility.”
Dr. Winifred Kabumbuli, the Dean of Students at Makerere University, set the tone at the 2026 Nkrumah Day Public Lecture.
She revealed that this lecture organised under Nkrumah Hall highlights its significance as a symbol of Makerere University‘s commitment to Pan-Africanism. “The name Nkrumah Hall has stood the test of time and sounds like a horn beautifully over the African continent and beyond,” she said.
She elaborated on the lecture’s theme of leadership, self-reliance and transformation, noting its alignment with the university’s mission to nurture future leaders.
Direction of Pan-Africanism
During a panel discussion, speakers questioned how far Africa has come. Associate Professor Zahara Napeewo, Deputy Dean of the School of Law at Makerere University, stated that the continent was still lagging behind the progress Nkrumah would have wanted.
She shared that while educational institutions provide knowledge, they must go further and encourage graduates to become problem-solvers who can create employment for themselves rather than wait to be employed.
Dr. Zaid Sekitto, a Lecturer in the Department of History, Archaeology and Heritage Studies at Makerere, added that the structures of colonialism that Nkrumah fought against were still in place. “They must be addressed”, he said, or Africa would remain trapped in colonialism and lose sight of Nkrumah’s vision.
The Youth and the Unfinished Struggle
The students also had an opportunity to share their perspectives on the unfinished struggle for Pan-Africanism.
Nkrumah Hall Chairperson Joseph Sekabira noted that the Africa Nkrumah fought for was not the Africa that exists today.
He urged young people to take up leadership now rather than wait until they were older.
Mark Kwikiriza, a final-year Bachelor of Arts in Music student and resident of Nkrumah Hall, said Nkrumah’s legacy remained relevant because the problems he faced in Ghana were similar to those society faces today.
He recommended that society could rejuvenate the spirit of “Osagyefo,” the title meaning “redeemer” by which Nkrumah was known.
Honouring 13 Years of Service
The event also recognised Mr. John Kamya for his 13 years of outstanding service as Warden of Nkrumah Hall, a position he held from 2007 to 2020.
He received an appreciation award presented by the Chief Guest’s representative in the presence of the Hall Chairperson and other dignitaries.
In his acceptance remarks, Mr. Kamya noted that the 2018 visit to the Hall by Kwame Nkrumah’s daughter, Ms. Samia Yaba Nkrumah, was one of the fondest memories of his time in office. He thanked Makerere for the opportunity to serve the University community and its stakeholders.
At the peak, the event concluded with tree planting and cake-cutting activity in front of Nkrumah Hall. The audience was left contemplating one message of Kwame Nkrumah’s vision of a united, self-reliant Africa, freed first in the mind, that remains unfinished and in the words of some speakers, has been handed to the current generation as a task to accomplish.
Today 8th October 2026, Makerere University has hosted the EU Uganda Research and Study Fair 2026, bringing together government officials, European Union representatives, researchers, academics, students, and young professionals to explore opportunities in education, research, innovation, and international collaboration.
The fair also marked 50 years of partnership between Uganda and the European Union, providing a platform for participants to learn about scholarships, research funding, exchange programmes, fellowships and opportunities for collaboration with European institutions.
Officially opening the fair, Acting Minister of Education and Sports Hon. Dr. John Chrysostom Muyingo commended the European Union, its member states, Makerere University and other partners for organising the event, describing international cooperation as important to Uganda’s education and research agenda.
The Minister said Uganda’s young population presents a significant opportunity for national development if supported with the right investments in education, skills, creativity, research, innovation and entrepreneurship.
He encouraged universities and research institutions to strengthen links between education, research, innovation and the world of work, noting that research should not only generate academic knowledge but also contribute to policies, technologies and practical solutions to national challenges.
Dr. Muyingo also encouraged students and young professionals to engage with the European Union, its member states and alumni to understand the opportunities available and prepare themselves for future applications.
Makerere highlights value of partnership
The Acting (Ag.) Vice Chancellor and Deputy Vice Chancellor (Academic Affairs), Makerere University, Prof. Sarah Ssali said the fair provided an important platform for bringing education, research, innovation and international cooperation together.
She noted that the event was particularly significant as Uganda and the European Union celebrate five decades of partnership, with Makerere’s relationships with some European institutions extending even beyond 50 years.
Prof. Ssali said the partnerships have supported education, research, skills development, innovation, institutional strengthening and human capital development, creating opportunities for Ugandans to acquire knowledge and skills, conduct research and establish international networks.
She called for the next chapter of the partnership to place knowledge, research, innovation, technology and young people at the centre.
“Research needs to move beyond publication of research, to influence policy, improve practice, create products and services, strengthen communities and contribute to the economic development of our country,” she said.
Prof. Ssali also encouraged participants to explore opportunities for scholarships, research, exchange programmes, doctoral studies, joint research and fellowships available through European partnerships.
She said the ultimate value of international education and research partnerships lies in how knowledge, skills, networks and technologies acquired through such opportunities contribute to Uganda’s development.
Human Response programme strengthens partnerships
The fair also showcased Makerere’s partnerships through programmes such as the Humanitarian Response, Health and Displacement Erasmus Mundus Joint Master Programme (Human Response).
Dr. Justus Twesigye, the Dean, School of Social Sciences, Makerere University and Co-Principal Investigator of Human Response, explained that the programme has created partnerships between Makerere and universities in Europe and Africa.
These include the University Institute of Lisbon in Portugal, Norwegian University of Science and Technology, University of Athens in Greece, University of Cape Verde and University of Rovuma in Mozambique, alongside associate partners including the Uganda Red Cross Society, Allied Uganda, Refugee Led Organisation Network and the Ministry of Water and Environment.
Twesigye said the partnerships have introduced new approaches to teaching and learning by involving practitioners directly in training and giving students opportunities for concurrent field practice.
He noted that organisations such as the Uganda Red Cross Society have participated in delivering classes, while students also gain practical experience in the field before returning to class for reflective learning.
The programme is also promoting joint research between academics and practitioners, moving away from approaches where researchers and practitioners work separately.
CEES project supports competence based education
The College of Education and External Studies (CEES) also presented an EU supported project aimed at helping higher education institutions and regulators transition to competence based education.
Assoc. Prof. Josephine Esaete, Senior Lecturer in the Department of Science, Technology and Vocational Education, said the project brings together nine partners from Uganda, West Africa and Europe.
She explained that the project seeks to strengthen the capacity of universities and higher education regulators in designing competence based curricula, teaching, assessment, monitoring and evaluation.
Makerere University is coordinating the four year project, with Mountains of the Moon University among the Ugandan partners.
Assoc. Prof. Esaete said the project is timely as universities work towards transitioning their programmes and curricula to competence-based education.
The project also seeks to strengthen collaboration between higher education institutions and industry so that students can acquire skills relevant to the world of work.
Fair creates opportunities for students and researchers
The exhibition brought together different EU supported research projects, academic programmes and institutional partnerships, allowing students, researchers and other participants to interact directly with project teams and representatives of European institutions.
The fair also provided opportunities for participants to learn from Makerere alumni who have benefited from international study and research opportunities.
Prof. Ssali urged participants to use the opportunity to “engage, explore, connect, and discover” new possibilities while encouraging young people to dream boldly, seek knowledge, build networks and use what they learn to contribute to Uganda’s transformation.
Take ownership of your future
Officially closing the fair, the Director, Research Innovations and Partnerships (DRIP), Prof. Robert Wamala urged the students and young professionals who had participated in the fair to take ownership of their future because the Fair had shown that opportunities are real.
“Do not be afraid to ask questions, do not be afraid to apply, do not be discouraged by your first unsuccessful application, build your academic profile, build your research skills, build your networks, and remain curious”, Prof. Wamala encouraged.
On behalf of Makerere University, he sincerely appreciated Team Europe, the European Union and its Member States in Uganda, for organising this important Fair and the Ag. Minister, Hon. Dr. J.C. Muyingo for presiding over the event and reiterating the Ministry’s commitment to strengthening education, research and international cooperation.
“At Makerere University, the Directorate of Research, Innovations and Partnerships remains ready to work with our European partners, the Ministry, researchers, students and other stakeholders to help translate the opportunities identified today into meaningful collaborations and outcomes” Prof. Wamala reassured.
The fair reaffirmed Makerere University‘s commitment to strengthening international partnerships that support research, innovation, human capital development and national transformation.
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