EU, UNCDF INJECT UGX48BN IN UGANDA’S AGRIBUSINESS
The European Union Delegation in Uganda and the United Nations Capital Development Fund (UNCDF) have injected UGX 48.9bn in phase two of the agribusiness facility known as Support to Agricultural Revitalization and Transformation (START).
EU and UNCDF say START Phase I saw over 50 SMEs benefiting from Shs 13.5 billion in concessional loans and grants and that the newly unveiled START II is poised to expand its reach and impact.
The Agricultural Sector employs approximately 72% of the population and contributing about 32% to the GDP
