Yield Uganda Investment Fund: Annual Report 2020

Agriculture is the backbone of Uganda’s economy.

The sector has however seen underperformance over recent years in comparison to other sectors within the economy due to the low level of value addition through processing facilities and also a lack of commercial private enterprises, thereby resulting in weak employment creation.

The underinvestment in the sector has also impeded private sector growth, largely due to a very thin marketplace for alternative sources of finance. Both the European Union (EU) Uganda Country Strategy Paper and the Green Paper on EU Development Policy support inclusive growth and sustainable development, promotion of access to capital and affordable credit for small, medium and micro enterprises.