New EU and Denmark support [Ugx 66.8b] to boost incomes and support climate action

Uganda agriculture needs to boost its productivity and stand against challenges from climate change. Denmark and the European Union are proud to launch two new initiatives in partnership with aBi. These projects aim to boost incomes and yields, and enable farmers to withstand droughts, floods and changing seasons.

Building on more than ten years of partnership, the two projects will support more than 200,000 farmers to increase their yields and adapt to climate change. The projects will introduce innovations such as drought-resistant seeds, enhanced irrigation systems, and improved post-harvest processes. “There is a strong and urgent need to support Uganda’s agriculture to increase productivity and adapt and respond to climate change. Denmark is proud to continue more than ten years of support to Ugandan agriculture through aBi Finance and aBi Development. We are very happy to do this as a Team Europe Initiative in collaboration with the EU delegation,” says Signe Winding Albjerg, DanishAmbassador to Uganda.

The initiatives will facilitate access to grants and loans for agricultural actors across the country. The ambition is to mobilise funding and catalyse private sector participation through market systems development and linkages. “We are delighted to strengthen jobs and incomes in agriculture through this Team Europe Initiative.

Many farmers and processors have already benefitted from the support from aBi Development, but the need is only growing larger. Particularly happy to see aBi Development take lead on promoting compliance with the EU Deforestation Regulation. This is necessary for farmers and forests alike,” complements Jan Sadek, EU Ambassador to Uganda.

The support builds on more than ten years’ of action to build aBi Development and aBi Finance as strong and independent institutions. “I am very proud and happy that the EU and Denmark has chosen to show their confidence in aBi’s ability to deliver on climate and agriculture. This long term engagement is what Uganda needs to meet the climate challenge and boost the agricultural sector,” says Felix Okoboi, chairperson of aBi.

Contact:

Agricultural Business Initiative: Moses Nyabila, 0765 644 844

Danish Embassy: Signe Røn Langelund Nielsen, 0786 656 925

EU Delegation: Emmanuel Gyezaho, 0756 719 882