General
Mastercard Foundation Scholars Program Alumni among top picks for global award
By Bernard Buteera & Carol Kasujja Adii
Moses Eteku, a Mastercard Foundation Scholars Program Alumni at Makerere University and the co-founder of a Kampala-based youth Fintech start-up Farmpawa, has been selected among the finalists for a prestigious global award for the project.
Farmpawa is a crowd-farming platform that connects investors with tangible farming assets, empowering farmers and driving sustainable agricultural growth.
The start-up had an opportunity to showcase its strategic plan, which, once realized, could benefit many young people from the region.
The contest, which sought to identify the most viable youth project with an economic impact on the community, attracted over 300 teams from 30 countries in Africa and the rest of the world.
Moses Eteku, 27, founded Farmpawa with two partners, Medard Mutatina and Osborn Gumoshabe, in 2023. The project was selected as one of the ten semi-finalists in the Milken-Motsepe Prize in FinTech.
The Milken-Motsepe Prize in FinTech is designed to expand small businesses’ access to capital and financial services in emerging and frontier markets.
According to research, in 70% of emerging markets, SMEs are the primary source of formal employment, accounting for 70% of jobs.
Moses described the win as a miracle and an eye-opener, saying other participants presented world-class proposals.
“Most of my competitors were far advanced. I could not imagine I would be selected,” he said with a smile during the interview.
With this fund, Moses and his partners, Medard and Osborn, envision a future where agriculture bridges the gap, reduces inequality, and transforms the lives of farmers and individuals across Uganda and beyond.
Semi-finalists will participate in an Innovation Showcase at the Milken Institute’s Middle East and Africa Summit in Abu Dhabi, UAE, on December 5 to 6, 2024.
Each semi-finalist team receives $100,000 in funding. Three teams will be selected to move on to the final round, where they will compete for the $1 million Grand Prize.
Who is Moses Eteku
Eteku, a Mastercard Foundation Scholars Program Alumni from Makerere University, graduated with a Bachelor of Science in Computer Engineering.
His passion for changing the community has led him to start several projects, including giving the youth a chance to showcase their talents and connect them with relevant organizations and companies.
While at the University, he developed an interest in managing software. He repaired his classmates’ laptops and earned some money. In his third year, he decided to learn another skill. He teamed up with other members and built business solutions. He developed applications that improved the operations of organisations such as Makerere University Hospital, where he worked on the MakRTI mobile application.
One of his significant achievements was developing the MakRTI App, an Android-based mobile application designed to promote reproductive health awareness and improve access to treatment for students at Makerere University. The app provided critical information about reproductive tract infections (RTIs) and facilitated access to healthcare services through appointments and direct communication with specialists.
He also developed an app for students to access the Uganda Museum. Instead of going to the museum and waiting in line to pay, Students would book online, which eases access. At the same time, students can remotely access study materials like archives while at home.
Even when he completed University, he continued using various projects to educate youth on emerging issues.
Among his most impactful initiatives is Kauntabook, a financial record-keeping app targeting SMEs and individuals. The app simplifies financial management by offering tools to track income, expenses, and other bookkeeping functions. With over 800 users, Kauntabook continues to evolve based on user feedback, reflecting Eteku’s commitment to creating user-centric solutions.
Starting Farmpawa
Farmpawa was born from a shared vision among Moses, Medard and Osborn: to empower smallholder farmers in Uganda. Medard, then a Makerere University Business School student, Suggested to Moses and interested him in an idea he had seen in South Africa.
“I researched about it, and we decided to team up and pursue the idea,” Eteku said.
Together, they created a platform that connects farmers with investors, unlocking opportunities for sustainable growth in rural communities.
They aim to make agricultural investment accessible to all, enabling local economies to develop and foster shared prosperity.
“Since the launch of Farmpawa, we have established strong connections between investors and farmers that have directly led to job creation, community development, and wealth generation,” Eteku asserted. They started the business with friends and family who trusted and invested.
Benefits
Initially needing more solid information technology skills, Moses Eteku is now an IT expert.
His opportunities to interact with the Company’s Chief Executive Officers have helped him to improve his entrepreneurship skills.
Farmpawa offers key benefits by empowering smallholder farmers with access to capital, enabling them to expand their operations and improve their livelihoods. It provides investors with easy and transparent access to agricultural investments, promoting job creation, community development, and sustainable agriculture while contributing to economic growth and food security.
How Farmpawa works
Farmpawa enables users to invest in real farming assets while empowering smallholder farmers. Users begin by creating an account and funding their wallet through mobile money or bank transfers. With funds in their wallet, they can explore and select farming projects or assets, such as livestock, and purchase portions as shares added to their investment portfolio.
The platform has a dashboard where users can receive regular updates on project progress and asset performance, track deposit history, and receive tailored financial advice through a knowledge section. It ensures a transparent and efficient investment process while providing valuable farming insights.
Bernard Buteera and Carol Kasujja Adii form the Communications and Public Relations Team at Mastercard Foundation Scholars Program, Makerere University.
On 20th August 2026, Makerere University welcomed another cohort of 258 recipients of the prestigious Mastercard Foundation scholarship for the 2026/2027 academic year with pomp and fanfare. The colourful Scholarship Award Ceremony was presided over by the Vice Chancellor, Prof. Barnabas Nawangwe, who was represented by Prof. Ibrahim Mike Okumu, the Dean of the School of Economics and the Chairperson of the Scholars Selection sub-committee of the Mastercard Foundation Scholars Program at Makerere University.
While addressing the gathering, Prof. Nawangwe reminded the Scholars that the scholarship was both an honour and a responsibility, and that they ought to make the most of it to improve their lives and communities.
“Now that you have stepped through the gates of Makerere University, remember that a scholarship is both an award and a responsibility. You have been chosen because we believe in your potential to lead, innovate, and serve. Makerere University offers you world-class academic resources, mentorship, and networks—but the impact you make with these resources will depend on your discipline, integrity, and vision,” Prof. Nawangwe remarked.
A Call for Responsible Living
The Vice Chancellor further urged the new recruits to embrace university life responsibly and form lasting bonds that will support future networks.
“I encourage you to engage fully and responsibly in University life, build lasting bonds with your peers, and, equally important, keep your home communities close to your heart. Let the knowledge and skills you gain here become the seed for innovative solutions to the challenges facing your communities, our country, Uganda, and the African continent.” Prof Nawangwe emphasised.
Prof. Nawangwe further expressed his gratitude to the Mastercard Foundation for recognising Makerere University as a worthy partner and pledged to continue supporting all the Mastercard Foundation’s initiatives at Makerere University.
Leadership starts with self
Mr. Adrian Bukenya, the Senior Director of the Mastercard Foundation Scholars Program globally and the Country Director for Uganda, urged Scholars to embrace leadership, particularly through self-leadership. He emphasised that the Scholars Program is fundamentally a leadership development program.
“The Scholars Program offers more than just a scholarship; it is a leadership development Program. I encourage you, Scholars, to embrace leadership, and leadership starts with leading yourself, then your community, your country and the continent,” Mr. Bukenya emphasised.
Mr. Bukenya expressed his gratitude to the Management of Makerere University for partnering with the Mastercard Foundation on various initiatives. He emphasised that the Foundation is committed to continuing this partnership to educate young people and nurture the next generation of leaders on the African continent.
Selection Process Highlights
On his part, the Chairperson of the Scholars Selection Committee, represented by Mr Charles Ssentongo, the Deputy Academic Registrar responsible for Undergraduate admissions, congratulated all the Scholars who had made it through a very competitive and watertight selection process. To illustrate how tight the selection process had been, he shared compelling statistics that clearly demonstrated its competitiveness.
“We received 3,664 Applications for the Scholarship; 2,904 Undergraduates and 760 master’s students. Of these scholarship applicants, 1,440 Undergraduates and 280 Master’s students were admitted to Makerere University on private sponsorship, and they were all eligible for the Scholarship,” Mr Ssentongo pointed out.
Mr Ssentongo informed the attentive audience that one of the biggest challenges the Committee faced was the very high number of applicants, while the number of scholarships available was always very small. Mr Ssentongo then highlighted further statistics that characterised the tedious selection process.
“For the Undergraduates, 650 applicants were shortlisted for interviews, while 58 Master’s applicants were also shortlisted. Of these, 245 undergraduates and 13 Master’s students were selected for the final award,” Mr Ssentongo highlighted.
Celebrating A Diverse Cohort
The Program Director of the Mastercard Foundation Scholars Program at Makerere, Prof. Justine Namaalwa, used the occasion to highlight achievements made in the years gone by.
“Today, we are overjoyed to have successfully recruited 258 Cohort 9 Scholars—bringing us to the mark of 546 Scholars, 54.6% of the target recruitment of 1,000 Scholars under Phase II of the Program. To date, a total of 1,596 Scholars have been recruited since 2013, when the Scholars Program started at Makerere University,” Prof. Namaalwa announced.
Prof. Namaalwa showcased the diversity created by the Scholars Program, highlighting the arrival of international students from across the African continent at Makerere University through the Mastercard Foundation Scholars Program.
“For Cohort 9 Scholars, it’s time to celebrate our diversity in the Program. Let me call out the nationalities represented in the room: Lesotho (1 Scholar), Malawi (1 Scholar), Ghana (1 Scholar), D.R. Congo (13 Scholars), Cameroon (7 Scholars), Burundi (3 Scholars), Rwanda (10 Scholars), South Sudan (40 Scholars) and Tanzania (1 Scholar).” Prof. Namaalwa revealed.
Scholars Speak Out
Nathan Tamba, an international student from Cameroon, conveyed his enthusiasm regarding the opportunities afforded by the scholarship, particularly the prospect of pursuing his studies at Makerere University, recognised as one of the leading institutions on the continent.
“On behalf of my fellow scholars, I would like to express our gratitude to Makerere University and the Mastercard Foundation for awarding us this scholarship. It has given me the opportunity to study at this prestigious university and to experience Uganda for the first time.” Tamba remarked.
Tamba, clearly delighted like his fellow scholars, committed to using the scholarship opportunity to gain knowledge and skills he will use to benefit himself and his community.
The function was punctuated by entertainment from the Makerere University Choir, networking, and plenty of joyous celebration.
Bernard Buteera is Principal Communications Officer for the Scholars Program at Makerere University.
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