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UN Women, Equity Bank Strike Bold Deal to Transform Lives of Ugandan Women

by Walakira John
3 months ago
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UN Women, Equity Bank Strike Bold Deal to Transform Lives of Ugandan Women
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By Ben Musanje

In a landmark move poised to reshape the economic future of thousands, UN Women and Equity Bank Uganda Limited have sealed a high-impact partnership to supercharge women’s financial inclusion and economic power across Uganda.

Signed at Equity Bank’s Boardroom at Church House in Kampala on 1st April 2026, the two-year agreement is being hailed as a game-changing intervention targeting women long locked out of formal financial systems especially in rural and refugee-hosting communities.

At its core, the partnership promises more than just access to money. It aims to unlock opportunity—delivering financial literacy, digital skills, entrepreneurship training, and clean energy financing to women striving to build sustainable livelihoods.

“This is about changing the trajectory of women’s lives,” declared UN Women Deputy Country Representative Adekemi Ndieli, emphasizing that the collaboration could accelerate progress toward gender equality and inclusive growth. “When women are empowered economically, entire communities rise.”

For Managing Director Equity Bank Uganda, Gift Shoko, the deal signals a direct challenge to systemic barriers that have kept women on the margins of Uganda’s economy.

“We are not just offering banking services—we are unlocking potential,” he said. “This partnership is about giving women the tools to compete, succeed, and lead in today’s economy.”

The initiative will channel resources into expanding access to savings, credit, and digital banking, while also backing women-led agribusinesses and cooperatives—sectors seen as critical to Uganda’s economic backbone.

It will also push into clean energy financing, a move expected to ease the burden on low-income households while opening new income streams for women entrepreneurs.

Crucially, the partnership is designed to position Ugandan women to seize opportunities under the African Continental Free Trade Area, potentially connecting them to markets far beyond the country’s borders.

With clear targets and a joint implementation plan, both organizations say the results will be measurable—and transformative.

As Uganda continues to grapple with persistent gender gaps in financial access, this alliance is being watched as a bold test of how public-private partnerships can deliver real change. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).

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