Equity Bank Uganda Expands Green Financing Capacity with UGEFA Support

Updated by Faith Barbara N Ruhinda at 1230 EAT on Friday 13 February 2026

Equity Bank Uganda has bolstered its ability to attract new clients and expand green financing after completing a three-day training under the Uganda Green Enterprise Finance Accelerator (UGEFA)

The Green Loan Product Development Training, led by UGEFA’s team of green finance experts, brought together 20 staff from across Equity Bank Uganda.
The three-day programme, held at the Golden Tulip Hotel in Kampala

The training was designed to equip SME-focused teams with practical tools to develop green loan products that combine commercial viability with measurable environmental impact. Participants received guidance on setting eligibility criteria, implementing risk management frameworks, designing pricing models, and developing go-to-market strategies.

Uganda’s green small and medium-sized enterprise (SME) sector continues to face significant financing gaps, with many businesses underserved due to limited collateral, insufficient credit histories, and the longer payback periods often associated with green investments.

Financial institutions have also pointed to high transaction costs, challenges in evaluating emerging green technologies, and perceived risk exposure as major barriers to extending credit.

Catherine Psogmen, Director of Public Sector and Social Investment at Equity Bank Uganda, said that strong partnerships and alignment with regulatory frameworks will be essential as the bank expands its green financing portfolio.

“As a bank, we value our partnership with the European Union and adelphi GLOBAL under the UGEFA Project. Through this collaboration, we have gained important insights on identifying and scoping green finance opportunities, which is critical. Understanding the regulatory environment—including areas such as the green taxonomy, climate risk regulations, and evolving compliance expectations—is essential. We must demonstrate that we are a sustainable organization,” she said.

Virginia Ssemakula, Pillar Head for Energy, Environment, and Climate Change at Equity Bank Uganda, said that strengthening internal expertise is critical to scaling sustainable finance.

“Building staff capacity allows the bank to design green products that meet market needs while aligning with national and global climate priorities,” she said.
The training concluded with what the bank described as a practical foundation for developing bank-ready green loan products and enhancing its institutional capacity to mobilize green finance.

Source: Chimpreports

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