Business & Management
EfD-Mak, GRO Foundation & BoU Hold High-Level Roundtable on Green and SDG-Linked Financing
Makerere University on Wednesday hosted a high-level policy dialogue bringing together researchers from the Environment for Development (EfD-Mak) Centre, representatives from the Green Gas + Reforestation +Offset (GRO) and Bank of Uganda, to explore alternative financing mechanisms for climate action and sustainable development.
The roundtable, held ahead of the Tumusiime-Mutebile Annual Public Lecture, focused on “Building Capacity and Market Readiness for Green and SDG-Linked Financing Mechanisms through Private Sector Mobilisation Towards Achieving the 10-Fold Economic Transformation (ATMS).”
Discussions highlighted Uganda’s urgent need to expand climate financing, build capacity among financial institutions, and strengthen evidence-based policymaking as climate shocks increasingly affect productivity and inflation.
Partnership With GRO Will Build Capacity for Climate Finance Access – Peter Babyenda
EfD-Mak Policy Engagement Specialist and Research Fellow Peter Babyenda said the centre is implementing an Inclusive Green Economy capacity-building program, with this year’s focus on climate-smart agriculture—an area that requires substantial financing for farmers and enterprises.
“For you to promote climate-smart agriculture, you need people who can provide finances for farmers to buy the technologies,” he said.
Babyenda explained that EfD-Mak’s collaboration with GRO is aimed at equipping the private sector and financial institutions with the capacity to mobilize and access climate finance, especially for climate-smart investments.
He added that EfD-Mak has recently partnered with the Ministry of Finance to provide evidence for climate action and stands ready to support GRO through stakeholder linkages, technical training and policy research.
“This roundtable is the start of our collaboration with GRO,” he noted, emphasizing that both institutions are aligned in scaling capacity and readiness for climate financing.
Uganda Must Mobilize Private Capital to Meet Climate and Growth Goals– Prof. Bbaale
Delivering the keynote address, Prof. Edward Bbaale, Principal of CoBAMS and Director of EfD-Mak Centre, warned that abnormal weather patterns such as the extreme heat recorded in November underscore Uganda’s growing climate vulnerability.
“When 26th November feels like January or July, then something is not working well with our environment,” Bbaale said.
He stressed that Uganda’s ambition to achieve a ten-fold economic transformation requires a financing ecosystem that supports sustainability, innovation and private sector participation. He noted that Uganda needs US$228 billion to implement its Nationally Determined Contributions (NDCs), yet climate finance access remains constrained.
“The question is not whether we can participate in the global green financing momentum, but how quickly and effectively we can mobilize the private sector and strengthen institutional capacity,” he said.
Bbaale Reaffirms EfD-Mak’s Readiness to Build Capacity and Partner Across Sectors
Prof. Bbaale placed strong emphasis on capacity building as a cornerstone of Uganda’s transition to a green economy. He highlighted EfD-Mak’s ongoing regional program that trains senior civil servants from five East African countries on using fiscal policy to spur green transformation.
“At the EfD-Mak Centre we believe that knowledge, evidence and partnerships are essential ingredients for real transformation,” he said. “We are ready to collaborate with government, with GRO, with international partners to build the capacity needed to advance climate-responsive and SDG-aligned economic planning.”
He underscored that Makerere University has become more open to partnerships and is pursuing a research-led, innovation-driven agenda, adding that such collaboration is central to the university’s strategic plan.
“Makerere is now more collaborative than ever before. As a research-led university, our success depends on partnerships, knowledge-sharing and internationalisation,” he said.
Bbaale Stresses Need for Evidence to Guide Policy, Fiscal and Monetary Decisions
Bbaale highlighted that researchers must generate real-time evidence to support government and financial sector decisions, especially as climate shocks begin to influence macroeconomic indicators such as inflation.
He noted that changing weather patterns have altered harvest cycles, with crops maturing earlier and reducing food availability—factors that directly affect inflation and complicate the Bank of Uganda’s monetary policy operations.
“If the environment is hitting output and therefore inflation, then monetary policy must speak to environmental shocks,” he said.
Bbaale also pointed to the critical need for natural capital accounting, fiscal policy reforms, and institutional strengthening to enable Uganda to unlock climate finance and achieve sustainable economic growth.
Prof. Bbaale urged participants to use the roundtable to diagnose gaps in market readiness, strengthen networks, and advance financial innovations that complement public funding.
“Let us approach today not just as an event, but as part of a broader national commitment to building resilient, green and inclusive economies,” he said.
He encouraged active engagement throughout the session and assured stakeholders that EfD-Mak would continue to support national, regional and global climate initiatives—including the Coalition of Finance Ministers for Climate Action, where Uganda currently serves as co-chair.
GRO Foundation Pledges to Mobilise $1 Billion Annually as Uganda Ramps Up Green and SDG-Linked Financing
Executive Director of the GRO Foundation Laban Joshua Musinguzi, announced that the organisation is committing to mobilising US$1 billion every year for the next five years to support Uganda’s climate finance ambitions, alternative financing mechanisms and the country’s broader goal of economic transformation.
Musinguzi described the session as both a tribute to the legacy of the late Governor Emmanuel Tumusiime-Mutebile and a call to accelerate Uganda’s readiness for innovative and market-based climate finance.
He opened his remarks by honouring the late Mutebile as a pioneer of macroeconomic stability, institutional reforms and private-sector-led growth.
“Today is memorable because we are here to honour a legacy and inspire the future,” he said. “Mutebile’s vision for resilient financial ecosystems still runs in the blood of young economists and statisticians. I am one of them—I studied here, so I am back home.”
He added that Mutebile’s emphasis on private sector participation remains central to Uganda’s ability to mobilise the financing needed for green growth.
Mr. Musinguzi explained that the GRO Foundation—Greenhouse Gas Reforestation Offsets is a social enterprise committed to alleviating poverty by unlocking climate finance through innovative financial instruments.
“We unlock climate finance by creating financial instruments,” he said.
“These include green bonds, carbon certificates, sustainability bonds and commodity-backed bonds.”
He highlighted that GRO is an “interesting space open to disruptive technology,” and reaffirmed the foundation’s willingness to deepen its partnership with Makerere’s EfD-Mak Centre, financial institutions and government agencies.
The foundation works under the “Fantastic Four framework”—forestation and deforestation, food security, water security, education and skilling, and green jobs—with the current engagement at Makerere falling under the education and skilling pillar.
Musinguzi said Uganda aims to transform its economy to US$500 billion by 2040, but global shifts are demanding new sources of capital, including green financing, SDG-linked financing and capital markets.
“COP30 reinforced alternative financing as key for developing economies,” he said, adding that Uganda made commitments at the global climate conference to accelerate green bonds and SDG-linked bonds.
Uganda is currently implementing five climate finance strategies—among them the green taxonomy and the climate financing vehicle but Musinguzi stressed that implementation now matters more than awareness.
“We are in the last phase of the SDG agenda. We have no time for awareness—we have time for implementation,” he said.
Gaps in Uganda’s Readiness: ESG Integration Still Below 20%
Musinguzi outlined several gaps affecting Uganda’s readiness to access global climate finance: Only 30–40 financial institutions have internal ESG reporting frameworks; Less than 20% of climate risk guidelines have been integrated into credit products; Commercial banks lack clarity on what qualifies as a “green loan” and that Uganda’s regulatory frameworks have not evolved at the pace of technological disruption
He added that Uganda’s first carbon revenue—about US$40 million took nearly a decade to materialise, underscoring how delays in documentation, data and compliance slow financing.
“We must demonstrate institutional capacity through monitoring, reporting and evaluation systems to unlock financing,” he said.“We must be ready for this money.”
GRO’s Track Record: $1.5 Billion Already Mobilised, New Target of $10 Billion
Musinguzi reported that GRO has already mobilised US$1.5 billion, a commitment made at COP Azerbaijan and later presented during Uganda’s National SDG Conference and the Ministry of Water and Environment’s annual reports.
For 2025–2026, the foundation has set a more ambitious target: “We aim to mobilise US$10 billion next financial year.” He emphasised that when GRO says “mobilise,” it means actualinflow, not mere pledges.
“We mobilise, not promise,” he said. “By the time we call it mobilising, we have already brought the money into the country.”
These funds will support Climate finance business windows, Carbon certification schemes (100 million certificates already registered), Private-public-community partnership models and Clean energy, food security, waste management and youth skilling programmes
Concluding his remarks, Musinguzi urged policymakers, academia, financial institutions and development actors to treat climate finance readiness as a national priority.
“The conversation begins here,” he said. “If not now, then when? And if not us, then who?”
He reaffirmed GRO Foundation’s commitment: “We are ready to mobilise US$1 billion every year for Uganda for the next five years.”
Bank of Uganda Positions Sustainability at Core of Financial Sector Reform
The Bank of Uganda (BoU) has intensified efforts to embed sustainability and Environmental, Social and Governance (ESG) standards across the country’s financial system, describing sustainable development as a “strategic imperative” for Uganda’s long-term economic resilience.
Prisca Ampumuza Rwamare, BoU’s Director of Strategy and Innovation, said Uganda cannot achieve its development goals or meet global commitments without a stable, forward-looking financial sector that is prepared for climate shocks, demographic shifts and resource pressures.
“Sustainable development is no longer optional. It is central to building long-term economic resilience,” Ampumuza said, noting that Mutebile himself consistently emphasised the impact of financial institutions on society.
She revealed that the Bank has redefined its purpose and mission under the 2022–2027 strategic plan to reflect its commitment to socioeconomic transformation. “We had to rethink our business model and strategy,” she said. BoU has integrated sustainability into monetary policy operations, financial stability oversight, payment systems modernisation and risk management frameworks.
The central bank has also signed up for the Sustainability Standards Certification Initiative and revised its corporate social responsibility policy to align with ESG priorities.
Ampumuza highlighted several regulatory steps already underway. In partnership with the Uganda Bankers Association, BoU co-developed an ESG framework for the banking sector, launched in June 2024, with commercial banks now reporting quarterly on progress. BoU has also issued guidelines for managing climate-related financial risks and is reviewing its micro- and macro-prudential supervisory tools to enforce ESG compliance.
A key concern, she said, is preventing “greenwashing” in the financial sector. “We take this very seriously,” she noted, warning against superficial sustainability claims that do not reflect real environmental or social impact.
Innovation, Culture Shift and Collaboration Critical
According to Ampumuza, sustainable finance cannot be achieved through policy updates or digital systems alone. She stressed the need for institutional culture change, data-driven supervision and innovative solutions. That week she said the Bank launched an ambitious Innovation Strategy to support this transformation.
She noted that BoU is undergoing a culture change programme to empower its young workforce over 100 newly recruited staff to champion SDGs and sustainable finance within a traditionally cautious institution.
BoU is also collaborating with international partners including the World Bank, IMF, IFC and the global Network for Greening the Financial System (NGFS) to strengthen policy frameworks and build capacity.
Despite progress, Ampumuza said banks continue to struggle with implementing sustainable finance principles due to capacity gaps, absence of baseline ESG data and limited availability of bankable green projects. She revealed that BoU, the Uganda Bankers Association and the Institute of Bankers recently completed a curriculum on sustainable finance to support sector-wide training.
Ampumuza concluded that sustainability is now fully integrated into BoU’s internal operations. A dedicated department and ESG coordination division have been established, and all projects across currency management, logistics and infrastructure must demonstrate compliance with environmental and social standards. “If this is replicated across the banking sector, we will make significant impact,” she said.
Participants Chart Path to Green and SDG-Linked Financing
A panel, moderated by Canary Mugume, comprising Dr. Peter Babyenda, a climate finance economist from Makerere University, Ms. Elizabeth Mwerinde, Head of Commercial Banking at Ecobank, and Dr. John Sseruyange, an environmental economist at Makerere University examined Uganda’s readiness for green and SDG-linked financing, with a special focus on institutional perspectives and market preparedness.
The discussion underscored that sustainable development is no longer optional for Uganda—it is a strategic imperative for economic transformation. Global financial shifts are creating new opportunities through green finance networks, SDG-linked instruments, and carbon markets. Yet, while Uganda’s macroeconomic fundamentals are strong, the greening component of its economy remains weak.
Speakers emphasized the strategic role of diverse actors in mobilizing green finance. Academia, the private sector, financial institutions, and government all share responsibility, but partnerships must also reach beyond traditional stakeholders to include religious and cultural leaders who can influence public awareness and mindsets. The private sector, in particular, was identified as the engine for Uganda’s ambitious economic transformation.
Despite the potential, persistent challenges remain. Low institutional awareness, limited readiness among financial institutions, and the absence of a strong pipeline of bankable green projects hinder progress. Critical data gaps were highlighted, with Uganda possessing “data sets, not databases,” and research outputs were said to insufficiently inform policy and decision-making.
Panelists stressed the need for evidence-based approaches: different sectors require tailored policy instruments, and academia and think tanks have a vital role in guiding government policies, investment design, and risk assessment. Institutions must deepen their understanding of green financing mechanisms, climate risks, and ESG compliance, while reporting standards and transparency must be strengthened across all levels of the financial system.
Innovations and ongoing initiatives offer a glimpse of progress. The launch of a Sustainable Finance Curriculum for financial institutions and platforms like the monthly “Carbon Tuesdays” at Kati Kati are building capacity and creating space for innovative ideas on carbon markets and climate finance. Meanwhile, the government’s deliberate role in shaping regulatory frameworks and deploying policy instruments—including incentives, guarantees, blended finance, and public-private partnerships—was highlighted as essential.
Mobilizing private capital was presented not as a replacement for public finance, but as a critical complement, expanding Uganda’s financing capacity. The country’s credibility, transparency, and demonstrated ability to manage large-scale investments are key to attracting private investors, alongside a clear pipeline of viable instruments.
The roundtable concluded with a call for a renewed strategy: Uganda must return to the drawing board, scale up bankable green projects, and strengthen institutional capacity. Success, panelists agreed, will depend on partnerships, credible data, strong governance, and unified commitment across sectors—a holistic approach to greening Uganda’s economy and advancing sustainable development.
Jane Anyango is the Communication Officer, EfD-Mak Centre
Business & Management
CoBAMS, European Partners Launch Programme to Equip Students with Polycrisis Management Skills
By Hasifa Kabejja and Ritah Namisango
Makerere University, through the College of Business and Management Sciences (CoBAMS), in collaboration with international partners, is implementing a Blended Intensive Programme (BIP) aimed at equipping a new generation of professionals in Africa and Europe with the knowledge and practical skills needed to understand and respond to complex, interconnected global crises.
Held under the PolyCIVIS network, the programme, titled Enhancing Skills in Polycrisis Management: African and European Approaches, brings together participants from Makerere University, the University of Salzburg, the National and Kapodistrian University of Athens, and Universidad Autónoma de Madrid.
It was competitively secured under the 6th Call for CIVIS Blended Intensive Programmes by the Makerere PolyCIVIS team, comprising Prof. Edward Bbaale from the School of Economics, CoBAMS; Dr. Anthony Tibaingana from the School of Business, CoBAMS; and Dr. Kamatara Kanifa from the College of Agricultural and Environmental Sciences (CAES).
The European facilitators include Prof. Gudrun Zagel, Dr. Sabine Hennig, and Dr. Roman Puff, all from Paris-Lodron University of Salzburg, Austria.
Tackling the Growing Reality of Polycrises
Funded by the European Union through the Erasmus+ Programme under the Jean Monnet Networks, the initiative responds to the growing reality of polycrises – situations in which multiple crises, including climate change, pandemics, displacement, poverty, environmental degradation and economic instability, interact and compound one another, often resulting in consequences more severe than those of individual crises.
The BIP Workshop at Makerere University
The BIP combines virtual and physical learning to give participants both theoretical grounding and hands-on experience in polycrisis management.
During the virtual component conducted in May 2026, participants including students and academics from the participating institutions worked in interdisciplinary teams to analyze real-world scenarios, including climate disasters, refugee crises, pandemics and urban waste management. The students were required to develop and present polysolutions from the perspectives of different stakeholders, including governments, civil society and academic institutions.
The physical component, taking place in Kampala from 7th-11th September 2026, brings together students from across CIVIS consortium universities to complete the remaining course content, participate in practical activities, and develop solutions to real-world polycrisis challenges. It also provides participants with an opportunity to examine real-life Ugandan cases, including the Kitezi landfill disaster and the Bulambuli landslides. Through these case studies, students will explore how crises intersect with public health, environmental protection, poverty, security, and sustainable development, while gaining practical insights into integrated approaches to crisis management.
On the first day of the training, participants undertook an excursion to the Kiteezi Landfill. During the week, they will also engage with experts from the Kampala Capital City Authority (KCCA), civil society and academia, and work in thematic groups to explore the legal, economic, sociological, historical, communication and educational dimensions of Kampala’s waste management challenges.
The teams will subsequently develop a Kampala waste policy paper and accompanying presentations, proposing integrated approaches to addressing the city’s waste crisis.
The learning approach incorporates case studies, simulations, role-play, guest lectures, peer learning, interdisciplinary teamwork, and problem-based learning. Participants are encouraged to move beyond identifying problems to developing practical and sustainable solutions.
Call for Integrated Approaches to Complex Global Challenges
Officially opening the programme, Makerere University Vice Chancellor, Prof. Barnabas Nawangwe, represented by the Deputy Vice Chancellor (Finance and Administration), Prof. Henry Mwanaki Alinaitwe commended the team for securing the programme.
Addressing participants, he emphasized the need for universities to move beyond fragmented approaches to problem-solving and develop integrated responses to increasingly complex global challenges.
“Interconnected problems cannot be adequately addressed through fragmented solutions,” Prof. Nawangwe observed, stressing the importance of collaboration across disciplines, institutions, sectors and countries.
He noted that no single discipline or institution possesses all the knowledge required to address the challenges confronting societies today, calling for stronger integration of fields such as economics, public health, environmental science, engineering, governance, technology and the social sciences.
Embracing Innovative and Sustainable “Polysolutions”
Prof. Nawangwe further emphasized the importance of developing innovative and sustainable “polysolutions”- integrated responses that address multiple, interconnected crises while minimizing unintended consequences across other sectors.
He underscored the value of combining African and European perspectives, noting that while crises may manifest differently across regions because of differences in history, institutions and resources, challenges such as climate change, migration, pandemics, conflict and economic instability increasingly transcend national boundaries.
He described the partnership as an opportunity for mutual learning and co-creation of knowledge, rather than a one-way transfer of expertise.
“We must bring these experiences into conversation and determine what works, under what circumstances, and how solutions can be adapted to different social, economic and institutional contexts,” Prof. Nawangwe said.
Collaboration Beyond the Blended Intensive Programme
The Vice Chancellor expressed hope that the collaboration would extend beyond the BIP into joint research, publications, teaching, student supervision and other sustained academic initiatives.
He challenged the participants to make the most of the opportunity by learning across disciplinary boundaries, questioning established assumptions and focusing on solutions.
“The world you are preparing to lead will require people who can understand complexity, work across institutional and disciplinary boundaries, and convert knowledge into practical responses,” he said.
Ebola Outbreak Demonstrates the Interconnected Nature of Modern Crises
The Vice Chancellor further observed that the postponement of the physical component of the training following the outbreak of Ebola underscored the interconnected nature of modern crises. He noted that a health emergency can quickly disrupt education, international mobility, economic activity and institutional planning.
Appreciation by the Vice Chancellor
He commended the PolyCIVIS team and partner universities for bringing the initiative to fruition, expressing confidence that the programme would generate practical and innovative polysolutions to some of the challenges facing societies.
Strengthening international academic collaboration
In his capacity as Principal of CoBAMS, Prof. Edward Bbaale described the programme as a significant reflection of the College’s commitment to fostering an integrated approach to teaching, research, policy engagement and international collaboration.
He noted that the increasingly complex challenges facing society require institutions and professionals to transcend geographical and disciplinary boundaries and collaborate across diverse fields of expertise.
Prof. Bbaale further highlighted the value of bringing Makerere students and faculty into direct engagement with colleagues and practitioners from partner universities.
“Such engagements enrich the learning experience while creating opportunities for sustained collaboration in research, teaching and student supervision. For Makerere University, the programme represents a practical expression of its internationalization agenda, creating opportunities for students and academics from different countries to exchange knowledge, share expertise and work together to address complex societal challenges.”
Preparing future leaders for complex challenges
The programme seeks to enable learners to identify, assess and manage polycrisis situations in line with the UN Sustainable Development Goals (SDGs), while building competencies in addressing the social, environmental and economic dimensions of crises.
It also aims to develop practical skills in designing and evaluating integrated policies and polysolutions, including effective communication and public awareness strategies.
Ultimately, the initiative seeks to strengthen participants’ critical thinking, digital, spatial and 21st-century skills while promoting interdisciplinary and transdisciplinary collaboration.
The BIP also serves as a pilot initiative for the planned Joint Master’s Programme on Managing Polycrises under the PolyCIVIS framework.
Business & Management
KCCA Officials Complete Two-Week Training in Economic Appraisal and Stakeholder Analysis
Jinja, September 4, 2026
Officials from Kampala Capital City Authority (KCCA) have completed a two-week training in Economic Appraisal and Stakeholder Analysis, strengthening their capacity to prepare, assess and make informed decisions on public investment projects.
The training, held in Jinja from August 24 to September 4, 2026, was conducted under the Public Investment Appraisal and Risk Analysis Module II (PIAR II) programme by the Public Investment Management Centre of Excellence (PIM CoE). It brought together KCCA officials drawn from different professional backgrounds, including economic planning, engineering and other technical areas.
Speaking at the close of the training, Mr. Edison Masereka, Manager, Business Development and PPPs in the Strategy Management and Business Development Department at KCCA, commended the participants for their commitment throughout the programme and emphasised the importance of applying the knowledge gained to KCCA’s project preparation and implementation processes.
Mr. Masereka said the training comes at an important time for KCCA, given the range and complexity of projects undertaken by the Authority, which span infrastructure, transport and roads, as well as social sectors such as education, health and social protection.
He noted that weaknesses in project preparation can contribute to challenges during implementation, including delays, changes to project designs and cost overruns. He therefore encouraged the participants to use the skills acquired during the training to improve the quality of project preparation and appraisal.
“The training does not stop here. This is probably just the beginning,” Masereka said, stressing the need for the officials to continue practicing and strengthening the skills acquired.
He also expressed KCCA’s interest in continuing its partnership with the PIM Centre of Excellence through practical engagement on actual KCCA projects, noting that such collaboration would provide an opportunity for the trained officials to apply and further strengthen their skills.
Building a stronger public investment management capacity
Prof. Edward Bbaale, Director of the Public Investment Management Centre of Excellence, congratulated the participants on completing the two-week programme and commended KCCA for deliberately investing in the professional development of its staff.
He noted that the cohort had undertaken a progressive capacity-building programme, having previously completed training in the Essentials of Public Investment Management as well as Financial Appraisal and Risk Analysis before advancing to Economic Appraisal and Stakeholder Analysis.
According to Prof. Bbaale, this approach is helping KCCA build an internal pool of officers with increasingly strong competencies across the public investment management cycle.
He challenged the participants to move beyond simply acquiring certificates and apply the knowledge in their day-to-day work.
“Do not allow this training to remain in your notebooks or on your certificates. Apply it,” Prof. Bbaale urged the participants.
He emphasised that public projects should not be assessed solely on their ability to generate financial returns. Projects such as roads, drainage systems, public transport, street lighting, markets, water and sanitation may generate significant economic and social benefits even where direct financial revenues are limited.
For KCCA, he said, economic appraisal provides a broader basis for determining whether scarce public resources are being allocated to projects that generate the greatest benefits to society.
“Resources, however, will always be limited relative to our needs. We therefore cannot afford poorly conceived or inadequately appraised investments,” Prof. Bbaale said.
He encouraged KCCA to institutionalise the skills acquired through the training within its project preparation and decision-making processes and urged the participants to become champions of good Public Investment Management practice within the Authority.
Strengthening project preparation and decision-making
The training also highlighted the importance of stakeholder analysis in public investment. Prof. Bbaale observed that infrastructure and other public investments affect different groups—including residents, businesses, commuters, property owners and communities—in different ways.
He said understanding these interests early in the project cycle is essential for improving project design and implementation.
Masereka similarly highlighted the importance of strengthening the ability of KCCA officials to communicate and defend projects to different audiences. He noted that technical presentations to finance officials, senior management and political decision-makers require different approaches, while technical officers must have a strong understanding of the projects they are presenting.
He further proposed continued engagement between KCCA and the Centre, including possible executive-level sessions to help senior decision-makers appreciate the principles and processes underlying project appraisal and investment decisions.
The proposal is intended to ensure that project appraisal competencies are understood not only by technical officers but are also appreciated at the institutional decision-making level.
From training to better projects for Kampala
The closing ceremony marked the completion of the second module of PIAR II for the participating KCCA officials, but both KCCA and the PIM Centre of Excellence emphasised that the partnership should extend beyond the classroom.
Dr. John Sseruyange, the Manager of the Centre said the ultimate measure of the training would not be the certificates awarded to participants, but whether the acquired competencies translate into better-prepared projects, stronger appraisal reports, better investment choices and improved services for the people of Kampala.
He also reaffirmed the Centre’s commitment to continuing to work with KCCA through training, research, technical support and policy engagement.
Business & Management
Makerere University Hands Over CoBAMS Expansion Project Site to ROKO Construction
By Ritah Namisango and Monica Meeme
September 04, 2026: The Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe has officially handed over the construction site for the College of Business and Management Sciences (CoBAMS) Infrastructure Expansion Project to ROKO Construction Limited, marking the commencement of works on a landmark development aimed at strengthening the University’s academic and research infrastructure.
Funded by the Government of Uganda, with a commitment of UGX 96.6 billion, the project is expected to be completed within five years, with the first phase scheduled for completion within eighteen months. The 15,000 square metres facility will house the CoBAMS headquarters, the School of Economics, the School of Business, the School of Statistics and Planning, research centres, and other facilities designed to enhance teaching, learning and student welfare.
Modern Infrastructure to Drive CoBAMS’ Growth
In his remarks, the Vice Chancellor lauded the President, H.E. Yoweri Kaguta Museveni, and the Government of Uganda for their continued investment in Makerere University’s infrastructural developments.
“The development project/facility will expand capacity for teaching, graduate training and research, while advancing Makerere University’s vision of becoming a globally competitive, research-led institution,” he said.
He congratulated the College leadership for securing funding for the project, noting that CoBAMS has grown into one of Makerere University’s largest and fastest-expanding colleges, with increasing demand for modern teaching, research and learning facilities,” he said.
Prof. Nawangwe commended ROKO Construction Limited for its professionalism and quality work. He acknowledged the Symbion Consulting Group for delivering a modern design that will enhance the University’s physical infrastructure and learning environment.
Underscoring Quality and Accountability
The University Secretary, Mr. Yusuf Kiranda, underscored the University’s commitment to ensuring the successful delivery of the College of Business and Management Sciences (CoBAMS) Infrastructure Expansion Project.
“The project represents a significant public investment by the Government of Uganda, emphasizing the University’s responsibility to ensure value for money through strict adherence to quality standards and timely implementation,” he stated.
He implored the contractor to execute the project with the highest level of professionalism, stressing that the University will closely monitor progress throughout the construction period.
CoBAMS Positions itself as a Global Hub for Research and Digital Learning
In an interview with the College Communications Office, the Principal, College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale, said the College is leveraging modern digital infrastructure to expand access to high-quality education through virtual learning and international academic collaboration.
He said the investment will strengthen CoBAMS’ global competitiveness in teaching, research and knowledge generation, positioning the College among leading institutions in business, economics and statistics.
“We have positioned ourselves to take our rightful place as one of the top schools of economics, business and statistics in the world,” Prof. Bbaale affirmed.
ROKO Commits to Quality, Safety and Timely Delivery
Speaking on behalf of ROKO Construction Limited, the Chief Executive Officer, Mr. Mark Koehler, appreciated Makerere University and CoBAMS for entrusting the company with the project, describing it as a privilege to contribute to the University’s continued growth and transformation.
“As we take possession of the site today, we fully understand the responsibility that comes with a project of this importance,” he said. “We commit ourselves to executing the building safely, to the highest quality standards and within the agreed timeframe.”
Mr. Koehler called for close collaboration among Makerere University, Symbion Consulting Group and other stakeholders, reaffirming the company’s commitment to delivering a modern facility that will support teaching, research and innovation at CoBAMS.
Pledges for Sustainable and High-Quality Design
In his address, the Managing Director of Symbion Consulting Group, Mr. Pius Muli, Congratulated ROKO Construction Limited on being awarded the construction contract.
He pledged that Symbion, in collaboration with the University’s Contracts Committee chaired by Prof. Fred Bateganya, would provide rigorous supervision to ensure the facility is completed on schedule, within budget and in accordance with the approved design and specifications.
“The proposed project provides a vibrant and welcoming environment that supports excellence in teaching, learning and research,” he added.
His brief on the proposed project
He described the proposed development as a 15,000-square-metre facility that will integrate academic spaces, administrative offices and collaborative learning environments to provide an inclusive and conducive setting for teaching, research and student engagement.
Mr. Muli noted that sustainability was a key consideration in the design process, with emphasis on developing a durable, people-centred facility that is efficient, environmentally responsible and cost-effective to maintain over its lifespan.
The site handover event concluded with the signing of the artistic impression of the proposed project by the Vice Chancellor-Makerere University-Prof. Barnabas Nawangwe, the Deputy Vice Chancellor (Finance and Administration)-Prof. Henry Alinaitwe, the Principal CoBAMS- Prof. Edward Bbaale, Deputy Principal-Assoc. Prof. James Wokadala, representatives of ROKO Construction Limited and Symbion Consulting Group, Makerere University Contracts Committee, among other stakeholders.
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