Newslex Point News in Uganda, Uganda news
A significant portion of the EU funding for Uganda will go towards upgrading infrastructure like roads, railways, bridges and water supply systems. Improving connectivity and access to clean water is expected to boost trade and commerce both within Uganda and with other countries in the region.
The investments will also focus on expanding access to renewable energy such as solar and hydropower projects. This will enable more businesses and households to gain access to reliable and affordable electricity.
In addition to infrastructure, funding will be provided to support priority sectors identified by the Ugandan government including agriculture, tourism, healthcare, digital transformation, and education.
Hundreds of thousands of new jobs will be generated
Investments in these sectors are aimed at creating jobs, developing skills, and spurring innovation. For example, more funding for agriculture will help improve farming techniques, post-harvest storage, and access to markets. This will increase incomes for smallholder farmers across the country.
The European Union believes that by pairing physical infrastructure projects with social and economic development, hundreds of thousands of new jobs can be generated in Uganda over the coming years.
Both skilled and unskilled labor will be required to build roads, power plants, schools and hospitals. Meanwhile, a more robust agriculture sector and digitally-connected society will open up entrepreneurial opportunities.
EU Commissioner for International Partnerships Jutta Urpilainen stated that the Global Gateway initiative demonstrates the EU’s strong commitment to an equitable world recovery from the Covid-19 pandemic and to promoting sustainable development in partner countries like Uganda.
The significant allocation of funds signals the EU’s confidence in Uganda’s long term economic growth prospects.
Check also;
- Private Investors Get Green Light To Electricity Transmission From Government
- Museveni Attracts Turkish Investors To Uganda
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg)