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aBi announces UGX 67 billion investment to boost climate-smart agriculture in Uganda

ABI LAUNCH: (L-R) Jan Sadek, EU Ambassador to Uganda, Dr. Henry Nakalaet Opolot, the Commissioner Extension and Skills Management Services, Signe Winding Albjerg, Danish Ambassador to Uganda, Moses Nyabila, the Chief Executive Officer of aBi Development Ltd and Felix Okoboi, the Board Chairperson of aBi Development & Finance during the official signing and launch of the new programs the Green Agrifood System Programme (GRASP) & Accelerating Adoption of Green and Inclusive Finance (AAGIF)

Agricultural Business Initiative (aBi) has unveiled its five-year business plan to drive green, inclusive economic transformation and combat the climate crisis by launching two groundbreaking programmes that renew their commitment to accessible and inclusive funding to small-holder farmers.  The Green Agrifood System Programme (GRASP) under aBi Development Ltd, and Accelerating Adoption of Green and Inclusive Finance (AAGIF) under aBi Finance Ltd were launched at Speke Resort Munyonyo on Thursday, May 2.  aBi Development Ltd Chief Executive Officer, Moses Nyabila said, the five-year programme will invest UGX 55.8 billion to support farmers and agribusinesses in building capacity to adapt to climate…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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