General
Excitement as 36 Mastercard Foundation Scholars graduate from Makerere University
By the Program Communication Team
On Friday, January 17, 2025, the Mastercard Foundation Scholars celebrated a significant milestone as they graduated from Makerere University. The day was filled with enthusiasm and pride as 36 dedicated students completed their Mastercard Foundation Scholars Program journey. This achievement reflects their hard work and commitment and paves the way for new opportunities in their future endeavours.
At the event, Mr. Adrian Bukenya, the Country Director of Mastercard Foundation Uganda and the chief guest, encouraged the new graduates to create jobs for their peers rather than solely seeking employment for themselves.
“As fresh graduates, your first step shouldn’t be simply searching for jobs. Instead, focus on creating job opportunities for your peers. The university degree you have earned puts you in a unique position. The knowledge and skills you’ve gained and the experiences and connections you have made empower you to thrive in this country,” Mr. Bukenya remarked.
Mr. Bukenya further expressed his gratitude to Makerere University‘s leadership and acknowledged the profound relationship the University shares with the Foundation. He emphasized that the partnership with Makerere University was essential to the Foundation.
“The Mastercard Foundation values its partnership with Makerere University, as the university continues to produce exceptional talent essential for Uganda’s development. The country would struggle to achieve its national aspirations without this contribution,” noted Mr. Bukenya.
Mr. Bukenya emphasized the core mission of the Mastercard Foundation, which is to alleviate poverty in areas where it is most prevalent and to enhance access to education. He pointed out that the Scholars Program is a fundamental component of this initiative. He noted that earning a degree is a valuable tool and a testament to an individual’s ability to learn, perform tasks, and achieve results within structured and organized frameworks.
He further stressed the Foundation’s commitment to empowering young people to lead and transform Africa.
“The Mastercard Foundation has made a strategic commitment to focus uniquely on Africa, home to the world’s youngest population. Through its ‘Young Africa Works’ strategy, the Foundation supports entrepreneurship and enterprise development among young people, empowering them to shape the future of their communities and the continent.” emphasized Mr. Bukenya.
Speaking on behalf of the University Management, Professor Buyinza Mukadasi, the Acting Deputy Vice-Chancellor of Academic Affairs and Chairperson of the Steering Committee for the Mastercard Foundation Scholars Program at Makerere University, congratulated the program for achieving an impressive 94% graduation completion rate.
“The Mastercard Foundation Scholars Program at Makerere University has graduated 964 scholars—78% female and 22% male—representing 94% of the 1,032 recruits from Phase One. We expect to achieve 100% graduation for all Phase One scholars at the 76th Graduation Ceremony next year.” Prof. Buyinza remarked.
Prof. Buyinza expressed gratitude to the Mastercard Foundation for its ongoing support of the university, which has significantly added value, particularly in educating young people from vulnerable communities.
“We sincerely thank the Mastercard Foundation for partnering with Makerere University to educate and empower the next generation of leaders and change-makers. The statistics regarding the number of young people supported and the impact that the program’s alumni have made in society are a testament to the energy and potential of young individuals when provided with the right education, guidance, and support.” Prof. Buyinza pointed out.
Program Director Prof. Justine Namaalwa emphasized her team’s commitment to ensuring the successful operation of the Scholars Program at Makerere University for years to come.
“Makerere University and the nation greatly appreciate the Mastercard Foundation for its generosity and foresight, which continue to transform human capital in Africa. There is no doubt that your vision for Africa is being realized. We are committed to this mission, even as we enter phase two of the program,” noted Prof. Namaalwa.
Prof. Namaalwa expressed gratitude to the University Management, led by Vice Chancellor Prof. Nawangwe, for their support and commitment to the Scholars Program. She pointed out that the strong backing from the university management has enabled the Program to meet its goals and succeed at the University.
“I sincerely thank the Vice Chancellor, Prof. Barnabas Nawangwe, and the entire University Management and the governing structures of the Program for their effective leadership, which continues to yield positive results from our strong partnership with the Mastercard Foundation.” Prof. Namaalwa pointed out.
Prof. Namaalwa equally appreciated the graduates for helping achieve the Mastercard Foundation’s goals, which aims to educate and empower the next generation of African leaders. She noted that Makerere University has begun implementing the second phase of the Mastercard Foundation Scholars Program, which will span the next ten years. In this phase, the Mastercard Foundation has committed to providing scholarships to 1,000 academically talented youth facing economic hardships, enabling them to access quality education at Makerere University.
She asserted that the Mastercard Foundation prioritizes three key transition pathways: formal employment, entrepreneurship, and further education. She urged the graduates to remain active on all the program’s social media platforms, especially the Alumni WhatsApp platform, as it will be a vital channel for sharing ongoing opportunities from the Mastercard Foundation and other partners.
Ms Aida Aol, the mother of graduate Mr Okello Godfrey, expressed gratitude on behalf of parents and guardians. She thanked the Mastercard Foundation and Makerere University for providing her son and other vulnerable young people with the opportunity to study at one of the best universities in Uganda. Ms. Aol highlighted that she had lost hope for her son’s university education due to financial constraints.
“I cannot thank Mastercard Foundation and Makerere University enough for providing our children with the opportunity to attend one of the best universities in the country. Many of us parents could not afford to send our children here because we did not have the resources to pay for their education,” Ms. Aol remarked.
Ms. Aol stated that she lost her husband when her son was only four years old, and she had since committed herself to ensuring he completed both elementary and high school. However, she reached a critical point where she could no longer afford to support his university education.
Graduates speak out
Awien Rose Madot, a Journalism and Communication graduate, expressed her gratitude to the Mastercard Foundation Scholars Program for transforming her life. The program enabled her to achieve her academic goals and instilled in her a strong sense of responsibility to use her degree to create positive change in the world.
“Accessing higher education can often feel like a distant dream for refugees like me. However, the Mastercard Foundation Scholars Program has served as a powerful beacon of hope. It clearly demonstrates that education is a vital tool for empowerment and transformation, even in the face of adversity. The Program has provided us with financial resources, as well as invaluable mentorship, guidance, and a strong support network for all the scholars involved,” said Madot.
Dr. Raphael Kasuku, a dental surgery graduate, pledged to continue the spirit of giving back to his community by offering dental services. He urged his fellow graduates to utilize the knowledge and skills they acquired through their education to uplift their communities.
“To my fellow graduates, this moment marks not just the end of a chapter but the beginning of an exciting new journey. The world ahead is vast and brimming with opportunities that we are ready to seize. It won’t always be easy, but we must remember that the resilience, determination, and passion that brought us here will continue to propel us forward as we strive to serve our communities.” Dr. Kasuku remarked.
The colourful event was a vibrant gathering held in the gardens of the University Guest House, bringing together a diverse community of program stakeholders. Attendees included members of the University management and the Steering and Selection Committees. Mentors of the Scholars Program, parents and guardians, and alumni also contributed to the inspiring atmosphere. Additionally, representatives from the Mastercard Foundation and program partners joined the celebration, along with numerous well-wishers who continue to support the Program’s mission.
Mastercard Foundation Scholars have been encouraged to embrace mentorship programmes as a way of maximising opportunities for personal and professional growth.
Mentorship is a professional relationship in which an experienced person (the mentor) supports another (the mentee) in developing specific skills and knowledge that enhance both professional and personal growth.
While speaking at a Mentor–Mentee matching session held on Saturday at the Central Teaching Facility, Mr Steven Langa, a counsellor and director at Family Life Network, told scholars that mentorship plays a pivotal role in preparing the next generation of leaders capable of transforming Uganda and Africa.
“We live at a very challenging time in history, a time when Uganda and Africa have to rise up to the occasion to provide leadership, professional excellence and innovation,” Mr Langa, said.
In his presentation, Mr Langa explained that a mentor is not a parent, therapist, or romantic partner, but rather a coach who helps the mentee build essential skills.
“The mentoring relationship is built on mutual trust, respect and communication and involves both parties meeting regularly to exchange ideas, discuss progress and set goals for further development. A mentor does not need to know, or to provide all the answers; instead, the mentor encourages the mentee to use their available resources to identify solutions,” Mr Langa, noted.
Speaking at the same event, Ms Eva Nabasumba, the Principal Academics and Career Development Officer at the Mastercard Foundation Scholars Program, encouraged scholars to build strong relationships with their mentors, which could later provide credible referees for employment, scholarships and other opportunities.
She highlighted several benefits of mentorship for mentees, including gaining advice, knowledge and insights from experienced professionals; developing professional communication skills; building valuable industry networks; engaging in employment-related conversations; exploring career pathways; and learning strategies for job searches, résumé writing and interviews.
During the session, mentors introduced themselves to their new mentees, allowing scholars to identify and connect with suitable mentors. Some of the mentors are doctors, teachers, counsellors, engineer’s business people and Accountants.
Apollo Mulondo, one of the mentors, urged scholars to take the mentorship opportunity seriously and respect the time and commitment of their mentors.
“Some of us are who we are today because of our mentors. Our offices are always open to you, so feel free to visit anytime. It does not matter what your background is you can make it,” Mulondo said.
The mentor–mentee matching session enabled scholars to interact with professionals from different fields, giving them an opportunity to identify mentors whose experience aligns with their academic and career aspirations. The engagement also created a platform for scholars to begin building networks that will support their growth beyond the university.
General
Mak Cooperative Society holds AGM: Growth, Transparency and Member Welfare Take Centre Stage
“This is a perfectly managed Cooperative Society,” remarked CPA David Ssenoga, amidst applause from Members of the Makerere University Multi-Purpose Cooperative Society (MUMCS).
CPA Ssenoga made the remarks on 4th March 2026 as he presented the Auditor’s report from SDS and Company Certified Public Accountants at the MUMCS Annual General Meeting (AGM).
The Auditor’s report for the year ended 31st December 2025 highlighted adherence to the best corporate governance practices, confirmed proper allocation of funds, value for money, and steady progress.
“The Cooperative Society was found to be in excellent standing, with operations in compliance with International Financial Reporting Standards for SMEs, the Cooperative Societies Act, and relevant Ugandan regulations. The operations are efficient and transparent,” he reported.
Mandate of MUMCS
Chairing the AGM, the Vice Chairperson, Dr. Muhammad Kiggundu-Musoke, underscored that the MUMCS exists to promote the welfare of members. In pursuit of this mandate, MUMCS provides access to affordable credit at interest rates that are significantly lower than those offered by other financial institutions. Such support, he noted, empowers members to strengthen their financial stability, invest in personal and professional goals, and ultimately enhance their overall well-being.
Steady progress
Highlighting MUMCS’ steady progress, Dr. Kiggundu-Musoke commended members for the tremendous growth recorded over time. He noted that the cooperative society had grown from handling a few hundreds of thousands of shillings in its early years to managing a portfolio now standing at approximately UGX 3.25 billion, a milestone he described as a reflection of collective effort, prudent management, and sustained member confidence.
He encouraged members to actively promote and popularise the cooperative within their respective departments. He proposed a structured approach of engaging Heads of Department to sensitize staff on the MUMCS’ services and benefits.
AGM highlights
The hybrid AGM, with physical participants assembled in the Main Building Senior Common Room, and virtual participants who followed the proceedings via zoom, provided a platform to review performance, highlight operational successes and governance milestones, as well as, finding solutions to challenges.
Secretary’s report
Presenting the report, MUMCS’ Secretary, Prof. Winston Tumps Ireeta, highlighted the growth in membership to 160, including 27 new recruits – a testimony to the confidence in the quality of services provided.
Prof. Ireeta excited the members when he mentioned that the 2025 surplus of UGX 291 million was distributed to members, with administrative budgets executed as approved.
On the issue of financial discipline and meeting obligations, Prof. Ireeta notified the members that the Management Committee implemented strategies that ensured compliance. “Outstanding loan arrears were settled through deductions from dividends of the concerned members,” he stated.
The Secretary reported that as approved during the previous AGM, the Vetting Committee consisting of Prof. Helen Nambalirwa Nkabala (Chairperson), Prof. Lawrence Mugisha (Member) and Dr. Alex Okello (Member) had been constituted and has embarked on the tasks as per the terms of reference.
With reference to the Secretary’s report, the Members praised the MUMCS Management Committee headed by Prof. Barnabas Nawangwe, for ensuring the successful implementation of key decisions agreed upon during the previous AGM.
Treasurer’s report
The Treasurer, Prof. Juma Kasozi, provided members with a detailed overview of operations, liquidity, investments, and returns.
Emphasizing MUMCS’ commitment to transparency, Prof. Kasozi noted that the Management Committee ensures that the balance sheets, profit and loss statements, and trial balances are shared monthly with members, which enables them to monitor performance throughout the year.
Prof. Kasozi explained that the Cooperative Society maintains strong liquidity, with approximately UGX 1.6 billion invested with fund managers and insurance companies. These liquid investments he said, provide a solid foundation to support loans, withdrawals, and operational needs. He encouraged members to increase their savings and shareholdings, in order to strengthen MUMCS’s financial base and enhance lending capacity.
The Treasurer highlighted the Society’s loan products, including instant loans; which provide same-day disbursement and long-term term loans. He reported that in 2025, UGX 479 million was disbursed in instant loans, and UGX 913 million as long-term loans.
He informed the AGM that the major challenge faced during the year 2025, was premised on disruptions in payroll deductions. “Before this setback, payroll deductions generated over UGX 50 million per month. Due to temporary disruptions, the amount generated reduced to UGX 20 million,” he explained.
The Treasurer briefed the members that discussions with the payroll management team had been successful, and full deductions were expected to resume, a step that would restore the expected income stream of the Cooperative Society.
He re-assured members that despite challenges with payroll deductions, MUMCS remains financially stable, with strong liquidity, robust investments, sound loan recovery mechanisms, and a commitment to member welfare.
He encouraged members to recruit colleagues, increase shareholding, and actively participate in strengthening the Cooperative Society’s growth and impact.
Members applaud the Management Committee
Impressed by the reports presented by the Secretary and Treasurer, the Members praised the MUMCS Management Committee headed by Prof. Barnabas Nawangwe, for the successful implementation of key decisions agreed upon during the previous AGM.
Presentation from the Welfare Committee
On behalf of the Welfare Committee, Ms. Ritah Namisango, commended the Management Committee for effectively implementing the Society’s Welfare Policy. Ms. Namisango noted that the policy stipulates the contribution to weddings, loss of a member, and/or when a member loses a parent, spouse and a biological child. She encouraged the members to read the Welfare Policy in order to tap into the benefits that accrue to them.
“We invite all members to read the Welfare Policy and inform the Management Committee early enough whenever a situation arises. I am glad that, because of transparency and communication through the WhatsApp group, most of you have been notifying the Executive Committee promptly. Most of the Members who have received contributions from MUMCS during such situations, have acknowledged receipt, and gone an extra mile, to send messages of gratitude via MUMCS’ WhatsApp group,” she said.
She welcomed the AGM’s approval of an additional UGX 2.5 million allocation to the Welfare Fund, to boost the Cooperative Society’s ability to extend support as well as standing in solidarity with the Members.
The Welfare Committee consists of Ms. Ritah Namisango, Dr. Oscar Mugula and Mr. Michael Kasusse.
Supervisory Committee report
The Chairperson, Prof. Fredrick Jones Muyodi, congratulated the Management Committee and the Members, upon the positive financial performance of MUMCS with a gross surplus of UGX 351,533,935/=, and a net surplus of UGX 49,510,181/= after deduction of all expenses.
Concerned that some members have faced challenges with payroll deductions, the Supervisory committee welcomed the progress reported by the Secretary toward resolving the issue.
He stated that the Committee reviewed the financial proposals presented by the management committee and endorsed the recommended dividend payment of UGX 38,630,000 to shareholders, noting that dividends cannot exceed 10 percent under the law.
In addition, the Committee supported payments to service providers, the purchase of a second laptop to enhance data security, the use of cloud and external storage for safeguarding records, the proposed welfare and AGM budgets, and the allocation of 65% of the gross surplus as return on savings.
The Supervisory Committee consists of Prof. Fredrick Jones Muyodi (Chairperson), Prof. Edgar Nabutanyi (Member) and Dr. Jamidah Nakato (Member).
Closing remarks
Closing the AGM, Dr. Kiggundu-Musoke thanked members for their active participation and challenged them to actively support the growth of the cooperative society. He emphasized that membership growth would not only strengthen the Makerere University Multi-Purpose Cooperative Society’s financial standing, but also enhance dividend returns for all members.
General
Makerere University and World Bank Sign Partnership to Strengthen Environmental and Social Sustainability Capacity
On 5th March 2026, Makerere University signed a Memorandum of Understanding (MoU) with the International Development Association (IDA), the financing arm of the World Bank Group, establishing a strategic partnership aimed at strengthening environmental and social sustainability systems in Uganda and the wider East African region.
The collaboration brings together Makerere University through the College of Agricultural and Environmental Sciences (CAES) and the College of Humanities and Social Sciences (CHUSS) and the World Bank to jointly advance training, research, and policy advisory in environmental and social sustainability.
The three-year agreement provides a framework for cooperation focused on building national capacity to manage environmental and social risks associated with large-scale development investments.
Advancing Sustainable Development through Knowledge Partnerships
The partnership will be anchored in the Environment and Social Sustainability Centre (ESSC) at Makerere University, a national hub established to promote applied research, policy engagement, and professional training in environmental and social governance.
Through the Centre, the two institutions will collaborate to strengthen Uganda’s ability to plan and implement development projects in ways that safeguard communities and the environment.
Speaking during the signing ceremony, Ms. Francisca Ayodeji (Ayo) Akala, the World Bank Country Manager emphasised that the collaboration reflects a shared commitment to strengthening systems that support sustainable growth.
“This partnership with Makerere University is an important step in strengthening Uganda’s systems for environmental and social sustainability. By working through the Environment and Social Sustainability Centre, we aim to build the capacity of professionals across government, the private sector, and development institutions to better manage environmental and social risks and deliver investments that promote sustainable growth while protecting people and the environment.” Ms. Francisca Ayodeji (Ayo) Akala, World Bank Country Manager, Uganda, noted.
The partnership will support training, research, and policy advisory activities through the ESSC, helping Uganda pursue a development trajectory that promotes economic growth while protecting people and the environment.
Building National Capacity for Environmental and Social Risk Management
Uganda’s development agenda under the Fourth National Development Plan prioritises large-scale investments in infrastructure, agro-industrialisation, energy, and science and technology. However, such investments require strong environmental and social risk management systems to ensure sustainable outcomes.
The new partnership, therefore, focuses on building a skilled workforce capable of applying international best practices in environmental and social governance.
Under the MoU, Makerere University will design and deliver demand-driven short-course training programs targeting public sector officials, development practitioners, financial institutions, civil society organisations, and private sector actors implementing major projects.
Seven certificate-level short courses have already been developed and approved across multiple colleges at the University. These courses cover areas such as environmental and social risk management, climate risk assessment, construction health and safety, and integrating environmental and social considerations into investment cycles.
“Makerere Universityis proud to partner with the World Bank in strengthening Uganda’s capacity to manage environmental and social risks in development investments. Through the Environment and Social Sustainability Centre, we have already developed and approved seven certificate-level short courses across multiple colleges, designed to equip professionals in government, the private sector, and development institutions with practical skills to plan and implement sustainable projects. This collaboration reflects Makerere’s commitment to providing knowledge-driven solutions that support Uganda’s development while safeguarding communities and the environment.” Prof. Barnabas Nawangwe noted.
Strengthening Collaboration between Academia and Development Partners
As part of the agreement, the World Bank will support the development and delivery of the training programs, including conducting Training of Trainers (ToT) on the Bank’s Environment and Social Standards and international best practices.
The Bank will also leverage its convening power to encourage participation from development partners, government institutions, and project implementers, while supporting impact monitoring of trained professionals to document improvements in project performance and job creation.
The collaboration will further promote professional networking, policy dialogue, knowledge exchange, and the development of knowledge hubs containing environmental and social tools, databases, and resources for practitioners.
Positioning Makerere as a Regional Knowledge Hub
Through this partnership, Makerere University seeks to position the Environment and Social Sustainability Centre as a leading knowledge hub for environmental and social governance in Africa.
By combining academic expertise with the World Bank’s global experience in development financing and technical assistance, the initiative is expected to strengthen the institutional capacity required to deliver sustainable and climate-resilient investments in Uganda.
The partnership also aligns with the World Bank’s broader commitment to supporting Uganda’s development agenda and strengthening country systems for environmental and social sustainability.
Together, the two institutions aim to equip professionals across government, the private sector, and development organizations with the skills required to ensure that Uganda’s development pathway remains inclusive, responsible, and environmentally sustainable.
Caroline Kainomugisha is the Communications Officer, Advancement Office, Makerere University
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