Pearl Bank, Partners Urge Agri SMEs to Take Advantage of Available Funding Opportunities at 3-Day Bootcamp
Pearl Bank and Ronalds in Africa hosted a three-day bootcamp for over 30 agricultural SMEs in Uganda. The training focused on financial literacy, governance, and scaling operations to support the government's economic growth strategy.
Why it matters
Improving the operational capacity of SMEs is critical for developing economies aiming to increase export trade and GDP.
Pearl Bank, in partnership with Ronalds in Africa, today concluded a 3-day bootcamp aimed at encouraging farmers to take advantage of available funding opportunities so that they can scale their operations. The call was made during the 3-day technical assistance training for over 30 agri-businesses that climaxed today at Skyz Hotel, Naguru.
Agriculture forms one of the pillars of the ATMS, which is Agro-industrialization, said Pearl Bank’s Regional Head, Greater Kampala, Martin Lukyamuzi.
He said, “Agriculture continues to play a key role in the growth of our economy. The sector employs over 70% of our population who are directly or indirectly involved, and it forms part of the ATMS (Agro-industrialization, Tourism, Mineral Development, and Science, Technology & Innovation), which are key drivers of the government's tenfold growth strategy to expand the economy from USD 50 billion to USD 500 billion by 2040.”
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