Business & Management
17 Government Fisheries officials skilled on Bio-Economics of Fisheries Management
Seventeen (17) fisheries experts from the Uganda’s districts of Kampala, Mukono, Masaka. Wakiso and Jinja have been retooled on the bio-economics of fisheries management . The two days training (15th-16th March 2023) held at Makerere University was facilitated by Africa’s and Ghanaian renowned Professor of environmental economics, Wisdom Akpalu.
Prof. Wisdom was invited by the EfD-Mak centre to come and provide training on bio-economics of fisheries management to fisheries officers in Uganda. Prof. Wisdom is the centre Director of EfD Ghana but also the member of the coordination committee of the entire EfD Network and member of the capacity development committee of the EfD Network but also, the leader of the Blue resources for development- a collaborative program within the EfD Network where fisheries fall.
Government fisheries officials were retooled on different aspects including the cost, revenue and profit in fisheries economics, growth functions in fisheries, property rights and resources extraction, policy instruments to regulate overfishing. Other aspects were dynamic equilibrium and the concept of shadow value, destructive fishing practices, resource use externalities and the performance of capture fisheries in Africa.
The training was officially opened by the Principal College of Business and Management Sciences Assoc. Prof. Eria Hisali who congratulated the centre Director for organizing this training and other initiatives adding that, they are important because they add to our visibility as a a college and university and it also takes us to the government and other agencies out there.
Prof. Hisali noted that Fisheries and fish related products are among and still remain among the five leading exports from Uganda while Africa is one of the two continents where the big proportion of the population still lives directly of the fishing activities and Natural resources in general.
“Our concern then, is the way these activities are being undertaken is not sustainable we risk depleting these resources because of population pressure, and unsustainable practices and once that happens it threatens our existence of our continent but also as countries because if we deplete resources and yet we are living directly of the same, then everyone should be starting to imagine what will happen.
What will happen is untold suffering but also direct conflict for the little resources that would have remained and disintegration of countries and societies” he decried
The Principal challenged all participants to look at the strategic importance of the lessons to be undertaken in the two days
“This intervention that the center is undertaking to share insights on how best we can sustainably use these resources becomes very important for the very survival of our countries. I want you to look at this training as a very important one because it speaks of the very basis of our survival as a country and continent”, Prof. Hisali stressed.
Prof. Hisali advised participants to form a network which should go deeper into ideas given by Prof. Wisdom, contextualize them and ensure they are fully applicable to the Ugandan situation and begin influencing sustainable practices and policy.
“Some civil servants at your level tend to under look themselves. You are extremely powerful and you can influence so many things. So go with that confidence and come up with suggestions that are practical, make sense and that can be implemented.
As a university and specifically the center, Hisali pledged full availability to work closely with the fisheries experts and to convene in case they have ideas to work through the nitty gritties and contribute own insights .Prof. Hisali also pledged that the university will equally be available in terms of creating platforms for the works that fisheries experts do to engage wth policy makers.
As they integrate lessons and experiences and insights, and as they develop materials for policy advocacy, the principal implored participants to get back to working places and pass on the message to build capacity in institution to have a critical mass of public servants and members of the community who have a different perspective on the way of handling natural resources and understanding the implications of mismanagement of resources.
“History will judge extremely harshly if we don’t take the necessary actions today to ensure that the next generation of the people in our continent live a better and more meaningful life”
The Principal thanked Prof. Wisdom Akpalu for making time to come to Uganda and Makerere University in particular to share the knowledge, skills and experiences from Ghana, expressing the need for opening up to share cross country comparisons to learn from one another on the basis of areas with commonalities.
Knowledge on the biology and economics of fisheries management critical for practitioners.
Prof. Wisdom Akpalu observed that Africa has very few people who have the expertise in combining the biology and economics of fisheries management which has made fisheries management difficult and unattractive because decision makers usually want to hear about money, stocks have declined, how to improve stocks and how much can be got if stocks are improved, the social economic implications when stocks are improved and cost involved.
So, by bringing the biology and economics together one is able to paint a much better picture that is more appreciated by policy makers.
“The message is clear. We cannot manage what do not know. We cannot manage if we do not have some level of technical knowledge of how the fisheries operate and it is not sufficient to just have knowledge of the biology of fish the size, movement etc”, Wisdom stated.
Wisdom described Fisheries as an interesting area because it has so many dimensions that requires one to understand both the biology that is, how the fish grows, the thresholds in nature that you cannot harvest beyond a certain threshold or else the stock can collapse. And then you have to add the dimension of economics that when these fishes are harvested, they are harvested for economic and social reasons, as a source of food and also sold in the market that brings in the issue of cost, revenue and how does these influence the way we manage the resource.
“By providing them this knowledge, they now have a better sense of how to bring the knowledge in the biology and economics together to distinguish between concepts such as maximum sustainable yield which is the maximum quantity of fish that we can catch on a yearly basis and maximum economic yield which is the quantity to catch to generate the highest economic benefit.
Usually, the maximum economic yield may be lower than the maximum sustainable yield which means to make a lot of money, or to make the highest possible profit from the fisheries, you may have to deploy a lesser level of effort than you are aiming to catch the maxim you can catch on a yearly basis for society to consume”. The professor explained.
He further explained that sometimes the biology will recommend catching up to maxim yield but, the economics may recommend to restrict the catch because when you catch all, the profits you make is lower. If you reduce the catch at a lower level, other things have to come in, the social consideration, whether fishing for profit or other reason and how to incorporate those reasons in the basic model so as to appreciate things beyond economic gains or pure profits from economics.
Prof. Wisdom commended the participants for the active participation and ability to grasp the subject matter.
“I have been quite impressed. When I was coming, I knew they were going to be faculty graduate students etc. Only to see practitioners, people who were in the field doing fisheries work . I was wondering whether they are a cut for a course like this. But to my surprise, with all the concepts that I had to go through they were very comfortable.
“They showed the clear understanding of the concept and they were looking for more and when I gave exercises they did it clearly and gave me the answers. It has been quiet impressive and it shows that they have potential and the zeal, they have the interest and they will put what they have learnt to practice”. He appreciated.
Prof. Wisdom encourage the university to continue with this type of collaboration adding that the EfD Network within the continent has a lot expertise and potential that can be harnessed for the benefit of individual countries and the continent.
“With this type of interaction we share knowledge and sometimes we tend to undervalue this knowledge that we share but I believe that if we have to change things for better for the continent, we have to begin to make use of our expertise and experiences in a platform like this.
Today, it is bio-economics of fisheries management and next time it should be something also relevant for the continent This was a very good positive initiative, I applaud the university and encourage them to continue” He said.
Namaganda Ruth, the Fisheries officer from Mukono District Local Government said:
“The training was very productive to me in that being on the frontline of managing the fisheries, it gives you a clear picture of how you can predict and advise fishermen as the primary beneficiaries of the resource. At the district level, when policies are being developed, we can guide the technical officers, our superiors and politicians on how to effectively manage the resources.
If possible, the centre should organize more training in other aspects of natural resources because management is so diverse”.
Maganda Moses is the Senior Environmental Officer from Jinja District Local Government. He said:
“The training was very good. Much of what we are missing in government is attaching an economic value to what we do. We do not have those basics of making those estimates and calculations. But at least now, I have an idea of what I can do in case they need such information or data. The training was on how we can collect data on a particular resource of the fisheries sector.
So it was a very good training only that the training period of two days was inadequate and probably and we need further training in that, and even those who did not benefit from this, it would be good to introduce them to such training so that they are equipped with skills of generating data in the fisheries sector”.
Importance of the Fisheries sector
Fisheries according to Prof. Wisdom plays a key role in our social economic social being world over and on the continent. In Ghana, for example about 60% of the animal protein needed comes from fisheries and this because the other types of animal protein are either unavailable, scarce or expensive. So a lot of people derive that requirement from fish.
The same applies in Uganda, where people would have loved to eat fish but because fish is not readily available. So that fact that we have less than 10% of animal protein from fish, is not that people do not like fish but because it is outside the reach of the majority of people.
On the other hand, Wisdom asserts that fisheries are resources that if properly managed they can last forever but then these fisheries are over capitalized and over fished in Ghana and Uganda. So, the fisheries sector is extremely important for job create employing a huge number of the population, giving animal protein requirement,.
“Fisheries products provides foreign exchange because a lot of money is spent through foreign exchange in Uganda through Nile perch processing and export .So the sector is critical and beyond just being important even the value alone to the fish that is harvested is about 2.1% of the Ugandan GDP and that is why it was important for the government officials to be retooled”. Prof. Wisdom explained.
Key issues affecting the fisheries sector
Prof. Wisdom noted that the fisheries sector both in Ghana and Uganda are troubled with so many challenges . One of those is over-capitalization where there are too many vessels, canoes, boats and that has to be reduced. There is also lack of proper management and so much competition for stocks from different sub-sectors that is leading to over exploitation of stock.
There is use of all sorts of destructive methods because there is competition for stock as fisher men tend to think that they can use other illegal means to be able to catch more fish. Some use explosive dynamites, small size nets, small filament nets which are all over the places posing a serious challenge within the industry.
But most importantly there is lack of knowledge and capacity to be able to appreciate the impact of all problems on the stocks, harvest, profits and gains that generated from these resources.
Key policy interventions Uganda can emulate from Ghana
From the discussions and interactions with the fisheries experts, Prof. Wisdom noted that Ghana and Uganda it appears have similar challenges including over capacity in the fishing activities taking place, low political and foreign interests in the fisheries sector with foreigners coming in to compete with locals.
In Ghana, Wisdom said, there are areas dedicated to small scale fishing and the aim is to secure livelihoods of poor people living along coastal communities, with specific marked spaces that are reserved for local fishermen so that they can have some catch.
Uganda can learn that Ghana has demarcated where and what locals and foreigners can fish.
“We should also priorities local fishermen viz-a-viz foreign vessels and if possible impose enough taxes on the foreign vessels and use those taxes to take care of local fishermen. We realized that we can gain efficiency by allowing foreign vessels to fish species that local people find difficult to catch and make sure we get taxes that can support local fishing industry so that local fishermen are not denied their basic livelihoods.
Ghana according Prof. Wisdom has clauses and policies where within specific areas fishermen are not supposed to fish to allow the stocks to recover. From the discussion with the fisheries officials, Uganda also did it once or twice but has not done it for some time. It is time for Uganda to revisit and try to implement this policies because there are clear ecological benefits and improvement in catches of fisher folks.
Although Uganda has marine police like in Ghana, Ghana in addition has other established local institutions. There is what is called, “landing beach enforcement committee” where local people constitute themselves into enforcement units and they are able to control some of the illegal practices about fisher folks that Uganda can learn from.
Ghana as explained by Prof. Wisdom has a strong collaboration between research, academia and policy makers working at the ministries and then, the stakeholders the fisher folks and civil society organizations. That platform he advised should be encouraged to be created so that it will not be one sided decision, it will be a platform where researchers, fisher folks, civil society organizations and the ministries can always come together to discuss issues of common interest.
Ghana has also established the scientific and technical committee of the Fisheries commission compromising stakeholders such as people from academia who identify and investigate issues for discussion and advise the commission to implement issues observed and Uganda can learn from this.
In Ghana’s fishing communities, there is what they call, “the fish queens or mummies”. These are women who take key roles in post-harvest activities and the fish queen is the leader of women engaged in fish processing and trading and typically, they are the ones who determine the pricing of fish. When the fisher folks come from the sea, they observe the catches of a few vessels like the first three canoes and are able to tell what the supply of the day would be and that guides them to determine the price per measure would be and they announce that price and every fisherman that comes has to sell at that price. So they play that key role of determining the price of fish and all fishermen on that day obey that particular price.
In Ghana, the fisheries industry especially the artisanal vessels are supposed to be Ghanaian. The semi-industrial vessels are also supposed to be owned by Ghanaians and including industrial trawlers are also supposed to be owned by Ghanaians. But because the Ghanaian don’t have the capacity to own the trawlers, they go into a hire purchase agreement and the agreement tends to be rooted in corruption. Those who claim to have hired the vessels do it on behalf of foreigners who disguise as experts on how to manage vessels but are the true beneficiaries. At the end of the day they end up catching the fish they are not supposed to and make a lot of money. So there are Vessel Monitoring Systems that are installed on vessels to monitor and track them and to know where exactly they are operating.
Prof. Wisdom says he has been recommending installation of video devices so that the activities can be watched at a distance so that they can be regulated better and avoid exploitation. By installing video devices on boats and vessels that target big species like the Nile perch to monitor them, the benefits cost will be 21 to 1.
Remarks by the Director EfD-Mak centre
Prof. Edward Bbaale welcomed participants to Makarere University and the EfD Centre. In a special way, Prof. Bbaale thanked the visiting professor for moving all the way from Ghana to come and facilitate the workshop.
Bbaale also extended appreciation to the university management and the Principal CoBAMS for facilitating and overseeing the center’s operations.
He thanked participants for making time to come to Makerere saying, they were selected because they were instrumental in their duty station assuring them that the training will focus on what they do at their places of work.
Prof. Bbaale assured participants that none of the participants was selected by Makerere but letters were write to their bosses who selected them. He said by the end of the training, they would have changed the way they perceived things and the way they would want to go deeper into bio economics of fisheries management.
He assured participants that the facilitator is one of the best environmental economists in Africa.
“We have a person that has invested a lot of time in the work for which he is sharing with us. He has had a lot of experience working with international organizations before he came back to work with a university in Ghana and also to established the EfD centre in Ghana”
He thanked Prof. Wisdom for creating this collaboration saying, the center is developing capacity in different areas and would be glad to visit Ghana and share the experiences.
“Uganda is an agricultural country and the government officers you see here are very few compared to the need that we have, that means that may be another time we shall invite you for another cohort because here, are people from the ministry of agriculture, environmental police, and colleagues from different local governments from different districts. It means that to have lasting impact we must require that we have several rounds of this nature”, Bbaale added.
Prof. Wisdom Akpalu
Prof. Wisdom is the Centre Director of EfD Ghana but also the member of the coordination committee of the entire EfD Network and member of the capacity development committee of the EfD Network but importantly, the leader of the Blue resources for development- a collaborative program within the EfD Network where fisheries is. He obtained a PhD in economics from the University of Gothenburg Sweden 2006. He is currently Dean, of the School of Research and Graduate Studies at the Ghana Institute of Management and Public Administration. Prof Wisdom is also the President of the African Association of Environmental and Resource Economists in Africa. His research focuses on social economics of natural resource management including fisheries management, economics of crime and punishment and economic institutions.
Makerere University’s Public Investment Management Centre of Excellence has begun a two-week intensive training for government officials aimed at strengthening the analysis of policy and legislative proposals and improving the quality of financial decisions across government.
The training, conducted in partnership with the Ministry of Finance, Planning and Economic Development, focuses on Integrated Regulatory Cost-Benefit Analysis under the revised Guidelines for Financial Clearance.
Participants drawn from government ministries, departments and agencies are being equipped with practical skills to assess the financial, economic and wider implications of policies, Bills and other proposals before they progress through government decision-making processes.
Opening the training, Mr. Paul Mwanja, Commissioner for Infrastructure and Social Services at the Ministry of Finance, Planning and Economic Development, said the capacity-building programme comes at an important stage in the implementation of Uganda’s revised financial clearance framework.
He noted that the Certificate of Financial Implications is an important safeguard for ensuring that policy and legislative proposals submitted to Cabinet or Parliament are consistent with government’s fiscal objectives and national development priorities.
“The success of these reforms does not only depend on the strength of the guidelines, but also on the competence and commitment of those who implement them,” Mr. Mwanja said.
The revised Guidelines for Financial Clearance came into effect on 1 July 2025 and introduced stronger institutional and analytical requirements for the consideration of policy and legislative proposals. These include evidence that Regulatory Impact Assessments have been undertaken, preparation of Statements of Financial Implications, consultations within ministries, departments and agencies, and Integrated Regulatory Cost-Benefit Analysis by the Ministry of Finance.
Mr. Mwanja said the training is intended to equip planners, economists and policy analysts with the technical skills and strategic understanding required to apply the framework in practice.
He linked the training to the implementation of the Fourth National Development Plan and the Tenfold Growth Strategy, noting that stronger analysis would help ensure policy proposals are aligned with Uganda’s longer-term development objectives.
“We shall continue investing in systems, gathering feedback and supporting learning to ensure that our public finance architecture remains responsive, efficient and fit for purpose,” he said.
He added that additional officers would be trained in subsequent cohorts as government works to build a critical mass of professionals capable of rigorously assessing policy and legislative proposals.
Building practical analytical capacity
Welcoming participants, Dr. John Sseruyange, Manager of the Public Investment Management Centre of Excellence, emphasised that the training has been designed to move beyond theory and enable participants to independently undertake the analyses required under the new framework.
The two-week programme combines classroom sessions with hands-on practical work. Morning sessions focus on concepts and analytical approaches, while afternoons are devoted to practical exercises and modelling.
Dr. Sseruyange urged participants to view the training not only as an institutional requirement, but also as an opportunity to strengthen their individual analytical capacity.
“Do not think only about helping the entity you have come from. Think about developing your own capacity,” he told participants.
He explained that many of the analytical tools used in examining policies and Bills are also applicable to public investment project analysis, giving participants skills that extend beyond the immediate requirements of the financial clearance guidelines.
The Centre has drawn trainers and technical expertise from Makerere University and government institutions, including the Ministry of Finance and the National Planning Authority, to support both the theoretical and practical components of the programme.
From guidelines to evidence-based decisions
In remarks delivered on his behalf, Prof. Edward Bbaale, Director of the Public Investment Management Centre of Excellence, said the training follows the dissemination of the revised guidelines for the Certificate of Financial Implications in June 2025.
He said the guidelines place increased emphasis on robust, evidence-based Statements of Financial Implications before policy proposals and Bills proceed.
Participants drawn from government ministries, departments and agencies following proceeings at the training
Over the two weeks, participants will develop competencies in risk analysis, cost-effectiveness analysis, analytical modelling and financial modelling, as well as the application of parameters such as prices, exchange rates and discount rates in policy evaluation.
They will also learn how to prepare Statements of Financial Implications to support decision-makers in assessing new policies and legislation.
Prof. Bbaale said these capabilities go beyond fulfilling a procedural requirement.
“These skills are not only technical requirements in the revised guidelines, but they are also essential for ensuring that Uganda’s public policies are sustainable, equitable and aligned with our national development goals,” he said.
He noted that the Public Investment Management Centre of Excellence continues to support government through training, research, outreach and advisory services. Recent work highlighted in his remarks included contributions to the revision of the Development Committee Guidelines, assessment of public investment project performance and convening of the second Public Investment Management Conference on 14 August 2025.
The training forms part of a broader effort to strengthen the analytical capacity available within government so that financial and policy decisions are increasingly informed by evidence, fiscal realities, potential risks and their implications for citizens.
Business & Management
The 10th Makerere University Students Expo: Solar-Powered Innovation Wins Top Prize
On 30th October 2026, the Makerere University Entrepreneurship and Outreach Centre (MakEOC), in collaboration with the Department of Marketing and Management, School of Business at the College of Business and Management Sciences (CoBAMS), recognised and awarded outstanding student innovators and entrepreneurs during the 10th Annual Makerere University Students’ Expo.
Held at the Freedom Square under the theme “Youth Innovations to Scale Uganda’s Growth Tenfold,” the expo showcased 900 student-led projects. The initiative focused on transforming youth ingenuity into sustainable enterprises, creating investment opportunities, and driving employment to support Uganda’s national growth agenda.
Solar Innovation Takes Centre Stage
Out of the 900 competing projects, three student enterprises emerged on top, led by a groundbreaking green-energy solution:
• Overall Winner: KIJAY Solar Shelter Innovations Limited (Solar Shelter)-won the top prize for developing the “Solar Breeze Umbrella and a solar-powered structure.” This eco-friendly innovation provides essential shade, ventilation, and lighting tailored for rural schools, outdoor market vendors, and restaurant operators.
• First Runner-Up: Smart Attend Limited-Developed an automated mobile application that tracks classroom attendance by allowing students to log in and out securely under a lecturer’s direct supervision.
• Second Runner-Up: Magic Spoon Enterprise-Innovated “powdered yoghurt” by converting freshly made yoghurt into powder through a freeze-drying process. This project addresses preservation challenges by extending shelf life, easing storage, and removing dependency on refrigeration.
Robust Student Participation
Dr Sarah Bimbona, the Director of MakEOC at CoBAMS, revealed that the Expo marked the culmination of preparations undertaken throughout the semester by entrepreneurship students. “The 10th Edition attracted 900 participants, specifically bringing together 600 undergraduate students and 300 Master of Business Administration (MBA) students. All the submitted projects underwent a rigorous evaluation process,” she reported.
The competitive expo featured innovative solutions from students across multiple academic programmes, including:
- Bachelor of Commerce (Year One)
- Bachelor of Business Administration (Year Two)
- Bachelor of Arts with Education (Entrepreneurship)
- Master of Business Administration (MBA)
Prioritising Entrepreneurship and Innovation
The Dean of the School of Business at CoBAMS, Assoc. Prof. Godfrey Akileng, described the Students’ Expo and Entrepreneurship Congress as highly successful milestones. He urged students to sustain their entrepreneurial spirit, build on their ideas, and actively embrace entrepreneurship to transform their research into viable commercial ventures.
Acknowledging the support of the Makerere University Management and the organising team, Assoc. Prof. Akileng extended his appreciation to corporate partners-including Vision Group, SUMZ, and Pepsi-for their vital contributions toward the successful delivery of both events.
Bridging Academia and Industry
The Students’ Expo directly built upon the momentum of the 4th Uganda – Makerere Entrepreneurship Congress, held a day prior on 29th October 2026. During the congress, students engaged in high-level dialogues with seasoned entrepreneurs, industry experts, and government representatives. The discussions strongly encouraged students to bridge the gap between academic innovation and industry, creating sustainable businesses capable of driving Uganda’s economic transformation and Tenfold Growth Agenda.
Transform Prototypes into Viable Business Ventures
Re-echoing highlights from the discussions at the 4th Uganda – Makerere Entrepreneurship Congress held on 29th October 2026, Dr Jude Mugarura, the Head of the Department of Marketing and Management at CoBAMS, noted that the exhibition provided students with an opportunity to showcase their innovations, and to receive guidance on developing prototypes into viable commercial products and business ventures.
“Take the Expo seriously and remain open to knowledge-sharing and feedback from investors, evaluators, policymakers and other stakeholders,” he said.
Highlights from some of the Student Innovations
- Briquettes production from natural agricultural waste
The Marketing Director of Premium Flames by Legitimate Cookers, Ms. Grace Kyamagero Nakigozi, said the group’s briquette innovation seeks to address charcoal shortages while reducing deforestation.
She explained that the group produces briquettes by mixing clay with processed agricultural waste, including coffee husks, maize cobs and matooke peelings. The mixture is moulded into different shapes and dried under shelter for approximately one week.
Ms. Nakigozi noted that the briquettes provide sustained heat and can be used in restaurants, households and poultry brooding, offering an alternative cooking fuel while promoting environmental conservation through the reuse of agricultural waste.
- The Eco Grow Organic Fertilizer
Presenting the Eco Grow Organic Fertilizer, Mr. Faizal Ssegawa Mugerwa, team leader said the initiative transforms biodegradable waste, particularly vegetable waste, into organic fertiliser to promote sustainable agriculture and create business opportunities.
He explained that the team processes organic waste into compost, supplemented with other organic ingredients to provide essential nutrients such as nitrogen and phosphorus, comparable to conventional NPK fertilisers.
Mr. Mugerwa noted that the innovation reduces waste sent to landfills, helps prevent environmental pollution and creates economic value from discarded organic materials.
- The Campus Survival Kit
Ms. Hope Nakiberu, a first-year Bachelor of Commerce (BCOM) student at CoBAMS and a member of Campus Survival Kit, said the initiative provides students with convenient access to essential supplies through hostel, grocery and study kits.
She explained that the idea addresses challenges faced by students, particularly those arriving from rural areas, in navigating Kampala and finding places to purchase basic necessities. The team therefore offers delivery of essential items directly to students, making campus life more convenient.
The expo also featured student innovators and entrepreneurs pursuing the Bachelor of Arts with Education at the College of Education and External Studies (CEES), who showcased a range of innovations, including Basic Organizers, footwear sandals and Elegant Item Solution, among others.
Moderated by Ms Yvone Nakungu and Ms Connic Nansubuga, students at the College of Business and Management Sciences (CoBAMS), the 10th Makerere University Students’ Expo concluded with a cake-cutting ceremony, marking a decade of promoting entrepreneurship, creativity and innovation among Makerere University students.
Business & Management
Makerere Entrepreneurship Congress Rallies Youth Behind Uganda’s ‘Tenfold Growth’Plan
Makerere University has convened its 4th Entrepreneurship Congress, positioning youth innovation at the absolute center of Uganda’s ambitious Tenfold Growth Strategy.
The long-term economic framework aims to skyrocket the country’s Gross Domestic Product (GDP) from roughly US$50 billion to US$500 billion by 2040. According to the National Planning Authority (NPA), the strategy relies heavily on four primary growth pillars known as ATMS: Agro-Industrialization; Tourism; Mineral-Based Industrialization (including Oil and Gas); and Science, Technology, ICT, and Innovation.
With over 70% of Uganda’s population under the age of 30, the youth are widely seen as the engine behind this economic transformation.
To harness this potential, the 29th October, event brought together students, entrepreneurs, industry experts, and government officials at the Makerere Uiversity Yusuf Lule Central Teaching Facility Auditorium. Running under the theme “Youth Innovations to Scale Uganda’s Growth Tenfold,” the congress focused on building strategic partnerships, boosting commercialization, and equipping young innovators to build sustainable businesses.
The event was organized by the Makerere University Entrepreneurship and Outreach Centre, alongside the Department of Marketing and Management under the College of Business and Management Sciences (CoBAMS).
Hon. Kasigwa Gerald (MP for Kigorobya County) attended as the Chief Guest. The keynote address was delivered by Dr. Cosmas Mwikirize, Superintendent of Industrial Value Chains Development at the Science, Technology, and Innovation Secretariat in the Office of the President.
Leadership Applauds Partnership
Representing the Vice Chancellor, Prof. Barnabas Nawangwe, and the CoBAMS Principal, Prof. Edward Bbaale, the College Deputy Principal, Associate Professor James Wokadala, commended the School of Business and the Makerere University Entrepreneurship and Outreach Centre (MakEOC) for strengthening university partnerships.
Noting that the MakEOC was concurrently hosting the 10th Students’ Entrepreneurship and Innovation Expo, he praised the Centre for sustaining the initiative over the past decade.
Assoc. Prof. Wokadala stressed the need for deeper collaboration to drive youth innovation and national economic transformation. He urged students to focus on developing practical, commercial solutions.
Call to Private Sector
Underscoring the value of collaboration, he acknowledged the Vision Group, Pepsi-Crown Beverages Uganda Limited, and Sumzi-Psalms Food Industries Limited for supporting the 4th Uganda-Makerere Entrepreneurship Congress.
For long-term sustainability, he called upon the business community, private sector, and industry leaders to work closely with the MakEOC.
He emphasized that private sector partners are vital for providing the mentorship, incubation facilities, and market access needed to help young entrepreneurs grow businesses, create jobs, and promote self-reliance.
Turn Innovations into Businesses
The Keynote Speaker, Dr. Cosmas Mwikirize, Superintendent of Industrial Value Chains Development at the Science, Technology, and Innovation (STI) Secretariat, urged students to use entrepreneurship to generate jobs and fuel national development.
Drawing on Uganda’s electric vehicle innovation journey, Dr. Mwikirize emphasized the importance of perseverance. He urged young innovators to challenge conventional thinking and ignore skeptics who doubt their ideas.
Achieving Uganda’s Tenfold Growth Strategy requires sustained economic growth driven by science, technology, innovation, and industrialization, he noted. To guide them, he challenged student entrepreneurs to adopt six core principles hidden within the acronym TENFOLD:
- Trouble: Identify real-world problems and develop practical solutions.
- Evidence: Prove that your innovations work to convince customers.
- Numbers: Understand your business figures beyond the daily hustle.
- Others: Build strong networks, teams, and strategic partnerships.
- Long Game: Recognize that genuine business success takes time.
- Discipline: Deliver on your promises with honesty and unwavering integrity.
Embrace Flexibility and Patriotism
Hon. Kasigwa Gerald, Member of Parliament for Kigorobya County, encouraged the students to remain flexible and look for opportunities outside their primary fields of study.
“Flexibility and a willingness to learn are essential for navigating a rapidly changing job market,” Hon. Kasigwa noted.
Underscoring the values of honesty, patriotism, and commitment, the legislator appealed to the youth to cultivate strong ethical foundations as they build their enterprises. He implored them to prepare for their roles in Uganda’s future through deliberate planning, continuous self-improvement, and hard work.
Champion the Commercialization of Innovations
The Dean of the School of Business, Associate Professor Godfrey Akileng, highlighted the vital role of entrepreneurship education in equipping students with real-world business skills. He encouraged them to cross-pollinate ideas, learn from industry experts, and build networks to successfully commercialize their research.
Prioritise Students’ Innovation
Commending the University Management and partners for their continued support, Assoc. Prof. Akileng invited participants to the upcoming Students’ Entrepreneurship Expo at Freedom Square, urging the youth to transform raw ideas into sustainable enterprises.
Dr Jude Mugarura, Head of the Department of Marketing and Management, reiterated the urgency of this educational shift.
“Entrepreneurship offers an opportunity to strengthen partnerships, promote wealth creation, and advance Uganda’s economic transformation and self-reliance,” Dr Mugarura said.
He called on government agencies and private-sector partners to step up with funding, regulatory guidance, incubation facilities, and market access. He noted that the upcoming Expo at Freedom Square would showcase breakthroughs in agriculture, technology, healthcare, and sustainable business models.
Fostering a Culture of Innovation
Dr. Sarah Bimbona, Director of the Makerere University Entrepreneurship and Outreach Centre (MakEOC), noted that the congress serves as a bridge connecting students directly with established industry titans and government regulators.
She emphasized that Makerere must nurture an internal culture where students graduate with viable businesses rather than just job applications.
“Every student from Makerere University should leave the university with an idea, a company, or an innovation that is going to help them transform their lives,” Dr. Bimbona stated.
She called for the creation of dedicated, well-equipped campus innovation spaces to help students transition their conceptual models into sustainable, job-creating enterprises.
Turning Ideas into Viable Businesses
A major highlight of the congress was a high-level panel discussion, moderated by Dr. Sarah Bimbona, which focused on transforming raw concepts into market-ready ventures capable of attracting customers, investments, and strategic partners.
The panel brought together key experts from finance, media, tech, and regulation, including:
- Mr. Hannington Musimenta, Manager of Programme Development at Uganda Development Bank (UDB)
- Ms. Lorraine Tukahirwa, Head of Marketing and Communications at Vision Group
- Mr. Boris Mugisha, Co-founder and Head of Operations at Tubayo
- Mr. Ronald Tumuhairwe, Public Procurement and Disposal of Public Assets Authority (PPDA)
The panelists collectively underscored that generating a brilliant idea is only the first step. To survive, entrepreneurs must pivot toward building business models grounded in real market demand, strict financial discipline, and deep customer trust.
Rather than waiting for massive capital, the experts encouraged aspiring youth entrepreneurs to start with manageable operations, maintain impeccable financial records, and seek institutional mentorship to scale sustainably based on proven performance.
Youth-Driven Innovation
Sharing her personal entrepreneurship journey, Ms. Devin Ester Ambayo, a student leader and entrepreneur at Makerere University, encouraged her peers to look closely at local problems and transform them into sustainable business opportunities.
She applauded CoBAMS for organizing the congress, noting that the event provides a vital platform for students to build confidence, master pitching skills, and network directly with seasoned industry figures.
The 4th Entrepreneurship Congress was moderated by Dr. Kasimu Ssendawula, a faculty member at CoBAMS, who was assisted by student co-moderators Ms. Yvonne Nakungu and Ms. Connie Nansubuga.
Precursor to the 10th Annual Students’ Expo
The successful conclusion of the 4th Uganda-Makerere Entrepreneurship Congress lays fertile ground for the 10th Annual Makerere University Students’ Entrepreneurship and Innovation Expo, scheduled for 30th October 2026 at the Freedom Square.
Running from 8:00 AM to 5:00 PM, the landmark expo provides a massive platform for over 900 students to showcase their entrepreneurial and innovation potential.
The student exhibitors and young entrepreneurs are drawn from the following academic programmes across the university, including:
- Bachelor of Commerce (Year 1)
- Bachelor of Business Administration (Year 2)
- Bachelor of Arts with Education (Entrepreneurship)
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