# Tags

Private Sector Foundation Uganda Launches Ambitious Tree-Planting Initiative at 1st Private Sector Gala: A Commitment to Environmental Sustainability and Corporate Social Responsibility

The Private Sector Foundation Uganda (PSFU) has initiated a tree-planting drive, aiming to plant over one million trees by 2025 as part of their Corporate Social Responsibility. The announcement was made by PSFU’s chairman, Mr. Humphrey Nzeyi, at the 1st Private Sector Gala on December 6, 2023.

Uganda’s Prime Minister Advocates for Clean Cooking, Secures Pledges at COP28

Prime Minister, Hon. Robinah Nabbanja, addressed the Global e-Cooking Coalition at COP28 in Dubai, highlighting the urgent need to address the environmental and health impacts of traditional cooking methods. Pledges totalling at least US$30 million were announced, with the UK and Germany contributing significant amounts.

Uganda Advances Renewable Energy Goals with 150MW Solar Plant Agreement at COP28

Uganda takes a significant step in achieving renewable energy targets by signing an MOU during COP28, agreeing to a 150MW solar energy plant with UAE’s Masdar as part of a broader 1GW collaboration. Prime Minister Robinah Nabbanja officiated, highlighting the initiative’s role in addressing electricity demand, accessibility, and job creation.

Sh1.4 trillion injected in UDB by Government.

The government, through the Uganda Development Bank Ltd (UDB), has invested sh1.4 trillion in initiatives like the Parish Development Model and Emyooga to accelerate socio-economic development. The Uganda Development Corporation (UDC) aims to support the private sector, especially in industries like cotton, fruit processing, tea, sugar, and coffee.