Uganda: Opportunity Bank Equips Mukono SMEs With Modern Business Management Skills

26 June 2025
Nile Post (Kampala)
By Kenneth Kazibwe

Small business owners in Greater Mukono are set to exploit variety of growth opportunities for their enterprises, after a training-workshop which equipped them with modern business management skills.

The two-day activity which ended on Tuesday (June 24) also linked Micro, Small and Medium-sized Enterprises (MSMEs) in different sectors of the economy to affordable financing. They included traders, youth entrepreneurs, agro-processors, ICT service providers, educators, and green companies.

The over 450 participants said the mixture of access to business development services and access to affordable financial products and services has ignited their quest for better prospects in their enterprises.

Ronald Baganda of Treasure Cosmetics Products, said, "I have always been manufacturing cosmetic products and looking for customers, but I have never been in any business training. From this session, I learnt the many challenges that constrained me were lack of business knowledge. Equipped with these skills and access to affordable finance, I will be able to effectively manage and grow my enterprise."

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Business solutions

This is under the MSME Accelerator Program, a one-year aims to accelerate the growth and impact of 2820 MSMEs in different sectors including Agribusiness, Manufacturing, ICT, Building and Construction, and the Green Economy.

It is implemented in a partnership between Opportunity Bank Uganda Limited and Federation of Small and Medium Enterprises (FSME), with support from Argidius Foundation and Opportunity International.

It has previously trained over 2000 small-scale business owners in areas across Uganda, such as Mubende, Hoima, Soroti, Lira, Masaka, and Jinja.

Participants in different sectors and value-chains also shared experiences in areas such production and marketing to find solutions to their challenges and discover business opportunities.

The programs and business development manager at Opportunity Bank, Johnson Rukara said: "From the interactive session with MSMEs, we understand their challenges and work together to build their capacity to move from one step to greater heights."

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