We had the privilege of joining leaders and decision-makers at “An Evening of Engaged Dialogue & Strategic Connection,” hosted by dfcu Bank in partnership with the NUTIP_ Kampala, Embassy of the Kingdom of the Netherlands in Uganda, and Rabobank.
NUTIP Vice Chair, Lukia Otema, Country Manager KLM /Air France, emphasized that it was a proud moment to see how collaboration and strategic partnerships are driving economic growth and creating opportunities between Uganda and the Netherlands. She emphasized that NUTIP aims to generate actionable ideas to boost trade, investment, and long-term business growth between Dutch and Ugandan enterprises.
A key highlight was the Economic Outlook presented by Dr. Adam Mugume, Director of Research and Policy at the Bank of Uganda. shared a macroeconomic outlook, highlighting Uganda’s resilience with projected economic growth of 6.5-7% in FY2025/26, medium-term growth averaging 8%, stable inflation at 4-5%, and a narrowing current account deficit. He cautioned that global geopolitical developments, rising fuel prices, and shipping costs remain key external risks that could influence inflation and exchange rate dynamics, particularly for trade-dependent sectors.
Dr. Mugume also commended the Embassy of the Kingdom of the Netherlands in Uganda for its continued role in promoting foreign direct investment (FDI) and contributing significantly to Uganda’s economic development.
Corinne Abbas, First Secretary for Economic Cooperation, Embassy of the Kingdom of the Netherlands in Uganda, highlighted the Embassy’s partnership with DFCU, Rabobank, and FMO to improve access to finance for both commercial and smallholder farmers in NUTIP entrepreneurs and Uganda at large. She noted that initiatives like the Harvest Money Expo strengthen Dutch-Ugandan cooperation by connecting farmers with new partnerships and market opportunities
The evening also featured a panel discussion on strengthening financial solutions for NUTIP members, focusing on access to finance for SMEs and practical ways to build stronger partnerships. The discussion included insights from Joan Kaagaza , Head of Commercial Banking at DFCU Bank; Phillip Niwamanya (FCCA,CPA,MBA), Head of Coverage at DFCU Bank; and Godfrey Mambo, Senior Corporate Banker at Rabobank Kenya, and was moderated by Aggie Patricia Turwomwe.
The dialogue set the stage for continued collaboration and deeper engagement, reaffirming the importance of partnerships in unlocking Dutch–Ugandan trade and investment opportunities and driving sustainable economic growth.
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