Business & Management
Makerere University Inaugural Conference on Noonomy Paves way for Centre of Excellence in Africa
Makerere University on 20th August 2026, hosted the historic inaugural conference on the Theory of Noonomy, bringing together scholars, policymakers, international partners and students to explore a bold new paradigm for addressing modernity’s deepest crises. Organised by the School of Economics, College of Business and Management Sciences (CoBAMS) in collaboration with the S.Y. Witte Institute for New Industrial Development, St. Petersburg Polytechnic University, Russia and supported by the Makerere University Research and Innovations Fund (Mak-RIF), the conference was held under the theme “The Theory of Noonomy and Its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation.”
The event held in the Senior Common Room, Main Building underscored Makerere’s strategic commitment to thought leadership in Africa’s transformation, positioning the University as a continental hub for alternative development thinking.
Bold Thinking Amid Global Crises
Representing Vice Chancellor Prof. Barnabas Nawangwe, the Deputy Vice Chancellor in charge of Academic Affairs (DVCAA), Prof. Sarah Ssali described the gathering as both timely and historic.
“Across the globe, we continue to witness systemic crises rooted in market fundamentalism, unchecked resource depletion, and the ideology of growth for the sake of growth. These contradictions are not abstract, but they manifest in climate change, widening inequality, and the erosion of social cohesion” Prof. Ssali stated.
On this note, she lauded the Theory of Noonomy, developed by Prof. Sergey Bodrunov, as a transformative lens. She noted that Prof. Sergey Bodrunov’s Theory of Noonomy that prioritizes reason, humanistic values and solidarism, offers a sustainable path forward in the midst of global crises driven by market fundamentalism, resource depletion and endless growth, exacerbated by climate change, inequality, and social erosion. The Theory envisions a shift to a New Industrial Society of the Second Generation (NIS.2) where knowledge, technology, and human potential drive progress.
“Hosting this conference is not accidental,” Prof. Ssali affirmed, adding that it “Reflects our commitment to shaping debates that matter for Africa’s future.” She outlined the conference’s five core objectives: to introduce and contextualise Noonomy within Africa’s socio-economic realities; to explore solutions to systemic challenges such as inequality, resource scarcity and climate change; to identify pathways for integrating Noonomy principles into policy, education and institutional frameworks; to foster collaboration among scholars, policymakers and practitioners; and to lay the groundwork for establishing a Noonomy Centre at the School of Economics, CoBAMS.
She added that once established, the Centre will serve as a hub for continental dialogue, research, and innovation, hence positioning Makerere and her partners to “transform the theory of Noonomy into a living agenda for Africa, that prioritizes knowledge, human potential, and sustainable transformation”.
Noonomy’s Emphasis of Knowledge as the Primary Productive Force
Prof. Sergey Bodrunov, Director of the S.Y. Witte Institute and author of the theory, addressed the conference virtually and underscored Noonomy’s relevance in an era of technological power that can either destroy or elevate humanity. He argued that neoliberal models have entrenched inequality and ecological crises, while the gradual removal of humans from direct material processes open a path to a non-economic mode of satisfying rational human needs.
Additionally, Prof. Nikolay Dmitriev, Director of the S.Y. Witte Institute expanded on the practical implications for Africa. He stressed that technological sovereignty must be pursued without repeating the dependency traps of earlier industrialisation. Cognitive technologies, he noted, can either subordinate humans to the technosphere or place technology in service of human potential. On the other hand, he noted that Africa’s rapid demographic growth and cultural diversity make it a critical laboratory for Noonomy’s application.
Panel Scrutinizes Noonomy under the lens of Ugandan Realities
Moderating the high-level panel, the Principal CoBAMS, Prof. Edward Bbaale, set the stage with a question on the Ugandan context: Can the country move from a technology-consuming economy to a knowledge-producing one while remaining human-centred and inclusive? He outlined three tests any technology adoption should pass under a Noonomy lens; productivity, human development, and inclusion.
“The first test is the productivity test. Does it improve what society can produce? The second test is the human development test. Does it expand skills, creativity, capabilities, and quality of life? And then number three, the inclusion test. Are its benefits widely spread, or does it deepen exclusion?” Prof. Bbale pondered, as he equally thought to interrogate how the theory aligns with Uganda’s tenfold growth strategy and National Development Plan IV.
Panellists included Prof. Robert Wamala-Director of Research, Innovations and Partnerships (DRIP), Makerere University, Dr. Robert Ngobi-Director Policy Research, National Planning Authority (NPA), Mr. Davis Vuningoma who represented Dr. Albert Musisi-Commissioner Macroeconomic Department, Ministry of Finance, Planning and Economic Development (MoFPED) and Prof. Nikolay D. Dmitriev. Discussions centred on mainstreaming knowledge as a productive force in national planning, financing long-term knowledge-intensive capabilities, and ensuring industrialisation expands rather than displaces human potential.
Prof. Wamala emphasised the need to Africanise the theory, “We should not simply import the concept… Our role should be to interrogate, Africanise and generate evidence on what a knowledge and intelligence-driven economy means in the African context.” He proposed an interdisciplinary research programme, curriculum transformation from knowledge transmission to intelligence development, and the creation of an African Noonomy network led by Makerere.
Dr. Ngobi in his submission noted that although the principles of Noonomy are already addressed by aspects of developing planning, he pointed to the need to address a series of “missing middles” attributed to: reliable and well-costed electricity supply to support hi-tech industries; infrastructure in form of roads, digital infrastructure; seamless interconnectivity in the form of mass rapid transport systems for people and goods; mass education systems; mass health systems that are not only sensitive to local diseases but also viable for medical tourism; as well as knowledge research and innovation informed by national priorities.
Addressing financing of national development priorities, Mr. Vuningoma emphasised the Government appreciation of the need to fund Science, Technology and Innovation (STI) as a pillar for economic transformation. As such he shared that over UGX 1 Trillion had been allocated to the STI sector to support innovations particularly in health.
Prof. Dmitriev on his part addressed the research topics that should become priorities for the first stage of cooperation between Makerere University and the World Association of Noonomy and the S.Y. Witte Institute of Noonomy and New Industrial Development.
Questions from the floor and online participants focused on inclusivity of youth and women, reconciliation of Artificial Intelligence (AI) with African cultural values and indigenous knowledge, and mechanisms to prevent elite capture of automated production. Panelists stressed that Noonomy’s emphasis on solidarity and human-centred development provides the ethical foundation for addressing these concerns through joint research.
Courtesy Call on the Vice Chancellor
Key on the agenda of the visiting delegation was a courtesy call on the Vice Chancellor, Prof. Barnabas Nawangwe. In his remarks, Prof. Nawangwe thanked Prof. Sergey D. Bodrunov, author of the Theory of Noonomy and Prof. Dmitriev for choosing Makerere out of all African Universities as partner in advancement of future collaborations and research. He added that setting up a Centre of Excellence in Noonomy at the School of Economics would bolster the University’s aspirations to become Africa’s thought leader in knowledge generation for societal transformation and development.
Transitioning from Dialogue to Institutional Action
In his closing remarks, Dean of the School of Economics, Prof. Ibrahim Mike Okumu described the conference as the start of a sustained institutional relationship rather than a one-off event. He committed the School to developing a concrete research agenda with named outputs and timelines, including joint studies on automation and labour markets in African economies, doctoral exchanges, and empirical testing of Noonomy claims against Ugandan and East African data.
“Let us treat Noonomy as a diagnostic, not a blueprint,” Prof. Okumu urged. “Its greatest value to us is not a policy program awaiting adoption, but a lens sharpening the questions our own planners must answer directly. How do we build human and creative capacity alongside industrial capacity rather than after it? How does this school develop a research agenda that studies Uganda’s own transition rather than import a finished framework wholesale?” he pondered.
He announced Makerere’s forthcoming participation in the World Association of Noonomy Congress in Italy and reiterated the University’s determination to establish the proposed Noonomy Centre as a hub for continental dialogue, research and innovation.
The conference concluded with exchanges of gifts, group photographs and expressions of gratitude to partners including the Government of Uganda through Mak-RIF, the Russian Embassy, and the S.Y. Witte Institute.
Makerere University’s Public Investment Management Centre of Excellence has begun a two-week intensive training for government officials aimed at strengthening the analysis of policy and legislative proposals and improving the quality of financial decisions across government.
The training, conducted in partnership with the Ministry of Finance, Planning and Economic Development, focuses on Integrated Regulatory Cost-Benefit Analysis under the revised Guidelines for Financial Clearance.
Participants drawn from government ministries, departments and agencies are being equipped with practical skills to assess the financial, economic and wider implications of policies, Bills and other proposals before they progress through government decision-making processes.
Opening the training, Mr. Paul Mwanja, Commissioner for Infrastructure and Social Services at the Ministry of Finance, Planning and Economic Development, said the capacity-building programme comes at an important stage in the implementation of Uganda’s revised financial clearance framework.
He noted that the Certificate of Financial Implications is an important safeguard for ensuring that policy and legislative proposals submitted to Cabinet or Parliament are consistent with government’s fiscal objectives and national development priorities.
“The success of these reforms does not only depend on the strength of the guidelines, but also on the competence and commitment of those who implement them,” Mr. Mwanja said.
The revised Guidelines for Financial Clearance came into effect on 1 July 2025 and introduced stronger institutional and analytical requirements for the consideration of policy and legislative proposals. These include evidence that Regulatory Impact Assessments have been undertaken, preparation of Statements of Financial Implications, consultations within ministries, departments and agencies, and Integrated Regulatory Cost-Benefit Analysis by the Ministry of Finance.
Mr. Mwanja said the training is intended to equip planners, economists and policy analysts with the technical skills and strategic understanding required to apply the framework in practice.
He linked the training to the implementation of the Fourth National Development Plan and the Tenfold Growth Strategy, noting that stronger analysis would help ensure policy proposals are aligned with Uganda’s longer-term development objectives.
“We shall continue investing in systems, gathering feedback and supporting learning to ensure that our public finance architecture remains responsive, efficient and fit for purpose,” he said.
He added that additional officers would be trained in subsequent cohorts as government works to build a critical mass of professionals capable of rigorously assessing policy and legislative proposals.
Building practical analytical capacity
Welcoming participants, Dr. John Sseruyange, Manager of the Public Investment Management Centre of Excellence, emphasised that the training has been designed to move beyond theory and enable participants to independently undertake the analyses required under the new framework.
The two-week programme combines classroom sessions with hands-on practical work. Morning sessions focus on concepts and analytical approaches, while afternoons are devoted to practical exercises and modelling.
Dr. Sseruyange urged participants to view the training not only as an institutional requirement, but also as an opportunity to strengthen their individual analytical capacity.
“Do not think only about helping the entity you have come from. Think about developing your own capacity,” he told participants.
He explained that many of the analytical tools used in examining policies and Bills are also applicable to public investment project analysis, giving participants skills that extend beyond the immediate requirements of the financial clearance guidelines.
The Centre has drawn trainers and technical expertise from Makerere University and government institutions, including the Ministry of Finance and the National Planning Authority, to support both the theoretical and practical components of the programme.
From guidelines to evidence-based decisions
In remarks delivered on his behalf, Prof. Edward Bbaale, Director of the Public Investment Management Centre of Excellence, said the training follows the dissemination of the revised guidelines for the Certificate of Financial Implications in June 2025.
He said the guidelines place increased emphasis on robust, evidence-based Statements of Financial Implications before policy proposals and Bills proceed.
Participants drawn from government ministries, departments and agencies following proceeings at the training
Over the two weeks, participants will develop competencies in risk analysis, cost-effectiveness analysis, analytical modelling and financial modelling, as well as the application of parameters such as prices, exchange rates and discount rates in policy evaluation.
They will also learn how to prepare Statements of Financial Implications to support decision-makers in assessing new policies and legislation.
Prof. Bbaale said these capabilities go beyond fulfilling a procedural requirement.
“These skills are not only technical requirements in the revised guidelines, but they are also essential for ensuring that Uganda’s public policies are sustainable, equitable and aligned with our national development goals,” he said.
He noted that the Public Investment Management Centre of Excellence continues to support government through training, research, outreach and advisory services. Recent work highlighted in his remarks included contributions to the revision of the Development Committee Guidelines, assessment of public investment project performance and convening of the second Public Investment Management Conference on 14 August 2025.
The training forms part of a broader effort to strengthen the analytical capacity available within government so that financial and policy decisions are increasingly informed by evidence, fiscal realities, potential risks and their implications for citizens.
Business & Management
The 10th Makerere University Students Expo: Solar-Powered Innovation Wins Top Prize
On 30th October 2026, the Makerere University Entrepreneurship and Outreach Centre (MakEOC), in collaboration with the Department of Marketing and Management, School of Business at the College of Business and Management Sciences (CoBAMS), recognised and awarded outstanding student innovators and entrepreneurs during the 10th Annual Makerere University Students’ Expo.
Held at the Freedom Square under the theme “Youth Innovations to Scale Uganda’s Growth Tenfold,” the expo showcased 900 student-led projects. The initiative focused on transforming youth ingenuity into sustainable enterprises, creating investment opportunities, and driving employment to support Uganda’s national growth agenda.
Solar Innovation Takes Centre Stage
Out of the 900 competing projects, three student enterprises emerged on top, led by a groundbreaking green-energy solution:
• Overall Winner: KIJAY Solar Shelter Innovations Limited (Solar Shelter)-won the top prize for developing the “Solar Breeze Umbrella and a solar-powered structure.” This eco-friendly innovation provides essential shade, ventilation, and lighting tailored for rural schools, outdoor market vendors, and restaurant operators.
• First Runner-Up: Smart Attend Limited-Developed an automated mobile application that tracks classroom attendance by allowing students to log in and out securely under a lecturer’s direct supervision.
• Second Runner-Up: Magic Spoon Enterprise-Innovated “powdered yoghurt” by converting freshly made yoghurt into powder through a freeze-drying process. This project addresses preservation challenges by extending shelf life, easing storage, and removing dependency on refrigeration.
Robust Student Participation
Dr Sarah Bimbona, the Director of MakEOC at CoBAMS, revealed that the Expo marked the culmination of preparations undertaken throughout the semester by entrepreneurship students. “The 10th Edition attracted 900 participants, specifically bringing together 600 undergraduate students and 300 Master of Business Administration (MBA) students. All the submitted projects underwent a rigorous evaluation process,” she reported.
The competitive expo featured innovative solutions from students across multiple academic programmes, including:
- Bachelor of Commerce (Year One)
- Bachelor of Business Administration (Year Two)
- Bachelor of Arts with Education (Entrepreneurship)
- Master of Business Administration (MBA)
Prioritising Entrepreneurship and Innovation
The Dean of the School of Business at CoBAMS, Assoc. Prof. Godfrey Akileng, described the Students’ Expo and Entrepreneurship Congress as highly successful milestones. He urged students to sustain their entrepreneurial spirit, build on their ideas, and actively embrace entrepreneurship to transform their research into viable commercial ventures.
Acknowledging the support of the Makerere University Management and the organising team, Assoc. Prof. Akileng extended his appreciation to corporate partners-including Vision Group, SUMZ, and Pepsi-for their vital contributions toward the successful delivery of both events.
Bridging Academia and Industry
The Students’ Expo directly built upon the momentum of the 4th Uganda – Makerere Entrepreneurship Congress, held a day prior on 29th October 2026. During the congress, students engaged in high-level dialogues with seasoned entrepreneurs, industry experts, and government representatives. The discussions strongly encouraged students to bridge the gap between academic innovation and industry, creating sustainable businesses capable of driving Uganda’s economic transformation and Tenfold Growth Agenda.
Transform Prototypes into Viable Business Ventures
Re-echoing highlights from the discussions at the 4th Uganda – Makerere Entrepreneurship Congress held on 29th October 2026, Dr Jude Mugarura, the Head of the Department of Marketing and Management at CoBAMS, noted that the exhibition provided students with an opportunity to showcase their innovations, and to receive guidance on developing prototypes into viable commercial products and business ventures.
“Take the Expo seriously and remain open to knowledge-sharing and feedback from investors, evaluators, policymakers and other stakeholders,” he said.
Highlights from some of the Student Innovations
- Briquettes production from natural agricultural waste
The Marketing Director of Premium Flames by Legitimate Cookers, Ms. Grace Kyamagero Nakigozi, said the group’s briquette innovation seeks to address charcoal shortages while reducing deforestation.
She explained that the group produces briquettes by mixing clay with processed agricultural waste, including coffee husks, maize cobs and matooke peelings. The mixture is moulded into different shapes and dried under shelter for approximately one week.
Ms. Nakigozi noted that the briquettes provide sustained heat and can be used in restaurants, households and poultry brooding, offering an alternative cooking fuel while promoting environmental conservation through the reuse of agricultural waste.
- The Eco Grow Organic Fertilizer
Presenting the Eco Grow Organic Fertilizer, Mr. Faizal Ssegawa Mugerwa, team leader said the initiative transforms biodegradable waste, particularly vegetable waste, into organic fertiliser to promote sustainable agriculture and create business opportunities.
He explained that the team processes organic waste into compost, supplemented with other organic ingredients to provide essential nutrients such as nitrogen and phosphorus, comparable to conventional NPK fertilisers.
Mr. Mugerwa noted that the innovation reduces waste sent to landfills, helps prevent environmental pollution and creates economic value from discarded organic materials.
- The Campus Survival Kit
Ms. Hope Nakiberu, a first-year Bachelor of Commerce (BCOM) student at CoBAMS and a member of Campus Survival Kit, said the initiative provides students with convenient access to essential supplies through hostel, grocery and study kits.
She explained that the idea addresses challenges faced by students, particularly those arriving from rural areas, in navigating Kampala and finding places to purchase basic necessities. The team therefore offers delivery of essential items directly to students, making campus life more convenient.
The expo also featured student innovators and entrepreneurs pursuing the Bachelor of Arts with Education at the College of Education and External Studies (CEES), who showcased a range of innovations, including Basic Organizers, footwear sandals and Elegant Item Solution, among others.
Moderated by Ms Yvone Nakungu and Ms Connic Nansubuga, students at the College of Business and Management Sciences (CoBAMS), the 10th Makerere University Students’ Expo concluded with a cake-cutting ceremony, marking a decade of promoting entrepreneurship, creativity and innovation among Makerere University students.
Business & Management
Makerere Entrepreneurship Congress Rallies Youth Behind Uganda’s ‘Tenfold Growth’Plan
Makerere University has convened its 4th Entrepreneurship Congress, positioning youth innovation at the absolute center of Uganda’s ambitious Tenfold Growth Strategy.
The long-term economic framework aims to skyrocket the country’s Gross Domestic Product (GDP) from roughly US$50 billion to US$500 billion by 2040. According to the National Planning Authority (NPA), the strategy relies heavily on four primary growth pillars known as ATMS: Agro-Industrialization; Tourism; Mineral-Based Industrialization (including Oil and Gas); and Science, Technology, ICT, and Innovation.
With over 70% of Uganda’s population under the age of 30, the youth are widely seen as the engine behind this economic transformation.
To harness this potential, the 29th October, event brought together students, entrepreneurs, industry experts, and government officials at the Makerere Uiversity Yusuf Lule Central Teaching Facility Auditorium. Running under the theme “Youth Innovations to Scale Uganda’s Growth Tenfold,” the congress focused on building strategic partnerships, boosting commercialization, and equipping young innovators to build sustainable businesses.
The event was organized by the Makerere University Entrepreneurship and Outreach Centre, alongside the Department of Marketing and Management under the College of Business and Management Sciences (CoBAMS).
Hon. Kasigwa Gerald (MP for Kigorobya County) attended as the Chief Guest. The keynote address was delivered by Dr. Cosmas Mwikirize, Superintendent of Industrial Value Chains Development at the Science, Technology, and Innovation Secretariat in the Office of the President.
Leadership Applauds Partnership
Representing the Vice Chancellor, Prof. Barnabas Nawangwe, and the CoBAMS Principal, Prof. Edward Bbaale, the College Deputy Principal, Associate Professor James Wokadala, commended the School of Business and the Makerere University Entrepreneurship and Outreach Centre (MakEOC) for strengthening university partnerships.
Noting that the MakEOC was concurrently hosting the 10th Students’ Entrepreneurship and Innovation Expo, he praised the Centre for sustaining the initiative over the past decade.
Assoc. Prof. Wokadala stressed the need for deeper collaboration to drive youth innovation and national economic transformation. He urged students to focus on developing practical, commercial solutions.
Call to Private Sector
Underscoring the value of collaboration, he acknowledged the Vision Group, Pepsi-Crown Beverages Uganda Limited, and Sumzi-Psalms Food Industries Limited for supporting the 4th Uganda-Makerere Entrepreneurship Congress.
For long-term sustainability, he called upon the business community, private sector, and industry leaders to work closely with the MakEOC.
He emphasized that private sector partners are vital for providing the mentorship, incubation facilities, and market access needed to help young entrepreneurs grow businesses, create jobs, and promote self-reliance.
Turn Innovations into Businesses
The Keynote Speaker, Dr. Cosmas Mwikirize, Superintendent of Industrial Value Chains Development at the Science, Technology, and Innovation (STI) Secretariat, urged students to use entrepreneurship to generate jobs and fuel national development.
Drawing on Uganda’s electric vehicle innovation journey, Dr. Mwikirize emphasized the importance of perseverance. He urged young innovators to challenge conventional thinking and ignore skeptics who doubt their ideas.
Achieving Uganda’s Tenfold Growth Strategy requires sustained economic growth driven by science, technology, innovation, and industrialization, he noted. To guide them, he challenged student entrepreneurs to adopt six core principles hidden within the acronym TENFOLD:
- Trouble: Identify real-world problems and develop practical solutions.
- Evidence: Prove that your innovations work to convince customers.
- Numbers: Understand your business figures beyond the daily hustle.
- Others: Build strong networks, teams, and strategic partnerships.
- Long Game: Recognize that genuine business success takes time.
- Discipline: Deliver on your promises with honesty and unwavering integrity.
Embrace Flexibility and Patriotism
Hon. Kasigwa Gerald, Member of Parliament for Kigorobya County, encouraged the students to remain flexible and look for opportunities outside their primary fields of study.
“Flexibility and a willingness to learn are essential for navigating a rapidly changing job market,” Hon. Kasigwa noted.
Underscoring the values of honesty, patriotism, and commitment, the legislator appealed to the youth to cultivate strong ethical foundations as they build their enterprises. He implored them to prepare for their roles in Uganda’s future through deliberate planning, continuous self-improvement, and hard work.
Champion the Commercialization of Innovations
The Dean of the School of Business, Associate Professor Godfrey Akileng, highlighted the vital role of entrepreneurship education in equipping students with real-world business skills. He encouraged them to cross-pollinate ideas, learn from industry experts, and build networks to successfully commercialize their research.
Prioritise Students’ Innovation
Commending the University Management and partners for their continued support, Assoc. Prof. Akileng invited participants to the upcoming Students’ Entrepreneurship Expo at Freedom Square, urging the youth to transform raw ideas into sustainable enterprises.
Dr Jude Mugarura, Head of the Department of Marketing and Management, reiterated the urgency of this educational shift.
“Entrepreneurship offers an opportunity to strengthen partnerships, promote wealth creation, and advance Uganda’s economic transformation and self-reliance,” Dr Mugarura said.
He called on government agencies and private-sector partners to step up with funding, regulatory guidance, incubation facilities, and market access. He noted that the upcoming Expo at Freedom Square would showcase breakthroughs in agriculture, technology, healthcare, and sustainable business models.
Fostering a Culture of Innovation
Dr. Sarah Bimbona, Director of the Makerere University Entrepreneurship and Outreach Centre (MakEOC), noted that the congress serves as a bridge connecting students directly with established industry titans and government regulators.
She emphasized that Makerere must nurture an internal culture where students graduate with viable businesses rather than just job applications.
“Every student from Makerere University should leave the university with an idea, a company, or an innovation that is going to help them transform their lives,” Dr. Bimbona stated.
She called for the creation of dedicated, well-equipped campus innovation spaces to help students transition their conceptual models into sustainable, job-creating enterprises.
Turning Ideas into Viable Businesses
A major highlight of the congress was a high-level panel discussion, moderated by Dr. Sarah Bimbona, which focused on transforming raw concepts into market-ready ventures capable of attracting customers, investments, and strategic partners.
The panel brought together key experts from finance, media, tech, and regulation, including:
- Mr. Hannington Musimenta, Manager of Programme Development at Uganda Development Bank (UDB)
- Ms. Lorraine Tukahirwa, Head of Marketing and Communications at Vision Group
- Mr. Boris Mugisha, Co-founder and Head of Operations at Tubayo
- Mr. Ronald Tumuhairwe, Public Procurement and Disposal of Public Assets Authority (PPDA)
The panelists collectively underscored that generating a brilliant idea is only the first step. To survive, entrepreneurs must pivot toward building business models grounded in real market demand, strict financial discipline, and deep customer trust.
Rather than waiting for massive capital, the experts encouraged aspiring youth entrepreneurs to start with manageable operations, maintain impeccable financial records, and seek institutional mentorship to scale sustainably based on proven performance.
Youth-Driven Innovation
Sharing her personal entrepreneurship journey, Ms. Devin Ester Ambayo, a student leader and entrepreneur at Makerere University, encouraged her peers to look closely at local problems and transform them into sustainable business opportunities.
She applauded CoBAMS for organizing the congress, noting that the event provides a vital platform for students to build confidence, master pitching skills, and network directly with seasoned industry figures.
The 4th Entrepreneurship Congress was moderated by Dr. Kasimu Ssendawula, a faculty member at CoBAMS, who was assisted by student co-moderators Ms. Yvonne Nakungu and Ms. Connie Nansubuga.
Precursor to the 10th Annual Students’ Expo
The successful conclusion of the 4th Uganda-Makerere Entrepreneurship Congress lays fertile ground for the 10th Annual Makerere University Students’ Entrepreneurship and Innovation Expo, scheduled for 30th October 2026 at the Freedom Square.
Running from 8:00 AM to 5:00 PM, the landmark expo provides a massive platform for over 900 students to showcase their entrepreneurial and innovation potential.
The student exhibitors and young entrepreneurs are drawn from the following academic programmes across the university, including:
- Bachelor of Commerce (Year 1)
- Bachelor of Business Administration (Year 2)
- Bachelor of Arts with Education (Entrepreneurship)
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