Business & Management
Youth Urged to Embrace Entrepreneurship for Economic Empowerment
At the recent Makerere University Entrepreneurship Congress 2024, held under the theme “Entrepreneurship as a Catalyst for Inclusive Growth”, Uganda’s State Minister for Gender, Labour, and Social Development, Hon. Balaam Barugahara, highlighted the transformative power of entrepreneurship. “Entrepreneurship promotes social mobility, fosters innovation, and empowers young people,” he said, emphasizing its role in addressing unemployment, limited opportunities, and inequality.
The event, organized by the Entrepreneurship and Outreach Center (MakEOC) under the College of Business and Management Sciences (CoBAMS), focused on providing young people with practical skills and strategies for entrepreneurial success. Hon. Barugahara shared his entrepreneurial journey, urging young entrepreneurs to “start small, dream big, understand their market, and surround themselves with mentors.”
Prof. Edward Bbaale, Principal of CoBAMS, who represented the Vice Chancellor, emphasized that entrepreneurship is vital for Uganda’s economic growth and development, particularly in tackling underemployment. “We aim to reinforce that growth must be inclusive, equitable, and accessible, ensuring that no one is left behind,” he remarked. He encouraged students and faculty to leverage the university’s resources to turn ideas into marketable products.
The Dean of the School of Business, Prof. Godfrey Akileng, underscored the role of entrepreneurship in achieving Uganda’s sustainable development goals, describing it as a crucial path for economic empowerment. “Through this congress, we aim to prepare students not only to create jobs for themselves but also to drive change and innovation that can uplift communities,” he stated.
Dr. Jude Mugarura, Head of the Department of Marketing and Management, commended the congress’s efforts in fostering entrepreneurship and noted the department’s role in developing well-rounded graduates. “Our goal is to produce graduates who can innovate, create, and manage businesses and also employ others,” he said, emphasizing the shift from “job-for-life” careers to “portfolio careers.”
The congress explored four core areas of modern entrepreneurship:
- Starting and Scaling a Small Business – Vision, resilience, and strong teamwork.
- Entrepreneurial Leadership and Mindset – Adaptability and comprehensive business planning.
- Technological Trends – Utilizing AI and data to fuel entrepreneurial growth.
- The Digital Hustle – Mastering digital presence, content creation, and engagement.
The event also featured insights from a range of panel speakers. Spera Atuhaire, Country Director of BRAC Uganda, discussed their mentorship-driven employment programs designed to empower young people. “Our initiatives focus on social economy, mentorship, and savings, helping youth overcome barriers to success,” she noted, adding that BRAC provides affordable credit to address financial challenges for young entrepreneurs.
Diana Ninsiima Kibuuka, Country Director of BNI Uganda, highlighted the importance of networking and understanding the values behind each network. “Each network serves a purpose, and you must understand that purpose,” she said, sharing her personal experience transitioning from law to entrepreneurship through her connection with BNI.
CK Japheth, founder of Innovation Village, emphasized the importance of testing business ideas for viability. “How do you reduce the time spent proving an idea is viable?” he asked, encouraging entrepreneurs to validate ideas through trial and error. “Find out by trying,” he advised, reminding participants that good ideas don’t automatically lead to successful businesses.
Diana Njuguna, an Associate Partner at Nyota Capital, discussed the challenges entrepreneurs face in securing funding, pointing to issues such as poor financial structure, inadequate governance, and complacency. “Strong financial management and qualified personnel are essential,” she said, urging young entrepreneurs to prioritize growth and avoid getting too comfortable in “lifestyle businesses.”
The Congress culminated in a well-attended Students’ Expo at Freedom Square, showcasing innovative student-led products and services. Dr. Sarah Bimbona, Director of Makerere University’s Entrepreneurship and Outreach Centre, praised the event, saying, “This year’s theme resonated deeply, addressing pressing challenges in Uganda’s entrepreneurial ecosystem.”
The Makerere University Entrepreneurship Congress 2024 succeeded in inspiring a new generation of entrepreneurs, promoting discussions on innovative solutions, and fostering partnerships that support Uganda’s socio-economic growth and development.
Business & Management
Somali Officials Complete Executive Training in Infrastructure Asset Management at CoBAMS
Six Somali government officials have successfully completed a three-day Executive Training in Infrastructure Asset Management, held at Makerere University’s Public Investment Management Centre of Excellence (PIM CoE). The training, funded by the United Nations Capital Development Fund (UNCDF), took place from January 27 to 29, 2025, and aimed to enhance regional capacity in infrastructure planning and management.
The training brought together senior civil servants and policymakers from Somalia, equipping them with practical knowledge and strategies for sustainable infrastructure asset management. It also fostered valuable cross-border collaboration, facilitated by UNCDF Uganda, which played a crucial role in connecting Makerere University with the Government of Somalia.
The program was delivered by experienced faculty from Makerere University’s College of Business and Management Sciences (CoBAMS), alongside experts from the Ministry of Finance, Planning and Economic Development (MoFPED) and the Uganda National Roads Authority (UNRA). A special session was also led by the Makerere University Bursar, offering practical insights into financial management in infrastructure projects.
Speaking at the opening of the training, Mr. Ncube Mkhululi, the Regional Technical Advisor for UNCDF emphasized the importance of infrastructure asset management in driving sustainable economic growth. He highlighted UNCDF’s commitment to supporting capacity-building initiatives in developing economies, noting that effective infrastructure planning and management are critical to national development. He also expressed confidence in Makerere University’s expertise in delivering high-impact executive training programs for government officials.
During the closing ceremony, Prof. Bbaale Edward, the Principal of the College of Business and Management Sciences expressed gratitude to all partners, including UNCDF, Makerere University management, and the PIM CoE faculty, for their commitment to making the training a success. He emphasized Makerere University’s ongoing efforts to internationalize its research-led agenda, positioning itself as a hub for regional knowledge exchange.
UNCDF Program Manager, Mr. Joel Mundua, the commended the participants for their dedication and encouraged them to share the acquired knowledge with fellow officials in Somalia. This was reaffirmed by one of the participants, who pledged to apply and disseminate the learnings within their respective departments.
Mr. Sunday Denis Aliti, the Program Officer at UNCDF highlighted the importance of ensuring that infrastructure asset management strategies are practical, adaptable, and aligned with national development goals. He commended Makerere University for its leadership in knowledge transfer and regional training and encouraged continued collaboration between universities, governments, and international development partners to strengthen institutional capacity.
Dr. John Sseruyange, Manager of the PIM CoE, applauded both the participants and the expert trainers who contributed to the program. He reiterated the Centre’s commitment to advancing infrastructure asset management through continued training and collaboration with regional stakeholders.
As the training concluded, participants departed with valuable insights and practical tools to improve infrastructure management in Somalia and beyond. The success of this initiative highlights Makerere University’s role as a leading institution in public investment management, fostering capacity-building efforts that drive sustainable development across Africa.
The Statistics and Data Science (SDS) Working Group training kicked off on Monday, 20th January 2025, and will run until 24th January 2025. This training, an initiative by the college, aims to build capacity in Artificial Intelligence (AI) and Machine Learning (ML) among its members.
Participants are being equipped with a wide range of skills, covering topics such as text mining, unsupervised learning, neural networks, Geographic Information Systems (GIS), and more. The training is facilitated by expert data scientists from the Uganda Revenue Authority (URA), Housing Finance Bank, and the School of Statistics and Planning (SSP).
The SDS Working Group comprises academic staff at the School of Statistics and Planning (SSP) whose research interests focus on statistical learning and AI.
On January 21, 2025, Mr. Kiyingi Simon Peter and Mr. Tusubira Brian from URA led an engaging session on the practical applications of machine learning algorithms in day-to-day activities. They demonstrated how components fed into ML models are used to classify taxpayers into high-risk and low-risk categories, showcasing the transformative potential of AI in optimizing operations.
Dr. Margaret Banga, the Dean of the School of Statistics and Planning (SSP), emphasized the transformative impact of the training on both the academic and professional development of the participants. She commended the expert trainers from the Uganda Revenue Authority (URA) and other partnering institutions for their practical and insightful contributions to the sessions. Dr. Banga noted that the training is a significant step toward enhancing the teaching methodologies and research capabilities of the faculty. “By equipping our staff with advanced skills in Artificial Intelligence and Machine Learning, we are empowering them to deliver cutting-edge knowledge to our students and conduct impactful research that addresses real-world challenges,” she remarked.
The training is a testament to the SSP’s forward-thinking approach to education and research in statistics and data science. The integration of topics such as neural networks, text mining, and Geographic Information Systems (GIS) underscores the need for multidisciplinary expertise in an increasingly data-driven world. Dr. Banga highlighted that this capacity-building effort aligns with the college’s strategic objectives of fostering innovation and staying ahead in the rapidly evolving fields of data science and statistical learning.
The Dean further stressed the importance of partnerships with organizations like the Uganda Revenue Authority and Housing Finance Bank, which provide invaluable industry perspectives. These collaborations ensure that academic training is not only theoretical but also applicable to practical challenges in sectors such as taxation, finance, and public administration.
In conclusion, Dr. Banga reaffirmed her commitment to continuous learning and development within the School of Statistics and Planning. She expressed confidence that the knowledge gained through the training would translate into improved academic delivery, enriched research output, and a stronger contribution to societal and economic transformation through the application of advanced data science methodologies.
On January 20, 2025, the Public Investment Management (PIM) Centre of Excellence at Makerere University commenced a three-day training program titled “Essentials of Public Investment Management.” The workshop, held at the College of Business and Management Sciences (CoBAMS), aims to enhance the capacity of public service officials in planning, executing, and evaluating public investment projects.
The training workshop was officially opened by Prof. Edward Bbaale, who, in his opening remarks, expressed gratitude to the Ministry of Finance, Planning, and Economic Development for their financial support and pivotal role in identifying and nominating participants for the program. He acknowledged the contributions of Permanent Secretaries, Vice Chancellors, and Executive Directors in ensuring representation from various Ministries, Departments, and Agencies (MDAs) of the Ugandan government.
Prof. Bbaale commended the collaborative efforts of Makerere University faculty, the Ministry of Finance, and the National Planning Authority in designing and delivering the training curriculum. He emphasized that the program reflects Makerere University’s commitment to fostering excellence in public investment management through capacity-building initiatives.
The training covers a comprehensive range of topics, including project preparation, the Integrated Bank of Projects (IBP), procurement processes, Public-Private Partnerships (PPPs), monitoring and evaluation, and the integration of climate change and social risk management in project planning. Participants will gain both theoretical knowledge and practical experience in preparing real-world projects across vital sectors such as health, education, roads, electricity, and water.
Prof. Bbaale also highlighted the importance of advancing participants’ expertise through future modules in financial and economic appraisal of projects. He encouraged participants to consider enrolling in advanced training programs offered in collaboration with Cambridge Resources International and Queen’s University, Canada. Successful completion of these advanced modules will lead to a tripartite certification from Makerere University, the Ministry of Finance, and Queen’s University.
In addition to training, the PIM Centre of Excellence engages in research, outreach, and advisory services. Prof. Bbaale outlined ongoing projects, such as revising Development Committee guidelines for the Ministry of Finance and assessing project performance since the first National Development Plan (NDP I). He noted the Centre’s recent milestone—the successful hosting of the Public Investment Management Conference in October 2024—which evaluated the state of public investments in Uganda and charted the way forward.
The program participants, drawn from various government institutions, were encouraged to leverage the training to drive positive change in their respective roles. “This marks the beginning of your journey to becoming experts in Public Investment Management. Your commitment will not only enhance public service efficiency but also contribute to Uganda’s economic transformation,” said Prof. Bbaale.
The workshop is coordinated by the PIM Centre of Excellence Secretariat under the leadership of Dr. Sseruyange. The Centre remains steadfast in its mission to build capacity, promote research, and foster innovation in public investment management. At the end of the training, participants will be awarded dual certificates from Makerere University and the Ministry of Finance, recognizing their dedication to professional development.
This initiative underscores Makerere University’s role as a key player in national capacity-building and economic development through education and innovation. For God and My Country.
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