Equity Bank Uganda joined Water.org at a gathering in Kampala to establish financing programs addressing the nation's water and sanitation deficit. The agreement extends a 2011 Kenya collaboration that created specialized loan products for infrastructure improvements across East Africa.
Catherine Psomgen from Equity Bank Uganda stated that the bank will offer EquiGreen Loans to households, businesses, and community groups seeking to upgrade their water systems. Water.org Africa Regional Director Francis Musinguzi noted 68 percent of Ugandans lack clean water access, while annual funding gaps reach 10 trillion shillings.
Government Water Resources Commissioner Callist Tindimugaya said authorities are preparing nationwide investment plans for expanded service delivery. UWASANET Executive Director Yunia Musazi reported that Uganda loses 6 trillion shillings annually due to inadequate water and sanitation facilities.
The partnership incorporates staff training, technical support, and performance tracking to advance United Nations development targets for clean water and climate action. Bank officials described the initiative as providing health security and economic advancement opportunities through infrastructure lending.
Catherine Psomgen from Equity Bank Uganda stated that the bank will offer EquiGreen Loans to households, businesses, and community groups seeking to upgrade their water systems. Water.org Africa Regional Director Francis Musinguzi noted 68 percent of Ugandans lack clean water access, while annual funding gaps reach 10 trillion shillings.
Government Water Resources Commissioner Callist Tindimugaya said authorities are preparing nationwide investment plans for expanded service delivery. UWASANET Executive Director Yunia Musazi reported that Uganda loses 6 trillion shillings annually due to inadequate water and sanitation facilities.
The partnership incorporates staff training, technical support, and performance tracking to advance United Nations development targets for clean water and climate action. Bank officials described the initiative as providing health security and economic advancement opportunities through infrastructure lending.
