Agency
Financial institutions have been urged to prioritize supporting women in business, “because they are backbone of economic and social progress.”
Elizabeth Mwerinde, Head of Commercial Banking at Ecobank, made this call why while speaking at the 12th Annual Women in Business Achievers Awards and Gala Dinner held in Kampala.
Mwerinde noted that women have long faced challenges in accessing finance in almost all financial institutions which she described as disappointing.
She argued that women represent a large and growing segment of the entrepreneurial landscape, and their success is increasingly recognized as vital to overall economic prosperity.
For his part, Aggrey Kibenge, Permanent Secretary at the Ministry of Gender, Labour and Social Development, said the government remains committed to empowering and supporting women because they are the engines of society.
He added that the success of women entrepreneurs is proof that government programs are reaching the intended beneficiaries.
The 12th edition of the Annual Women in Business Achievers Awards and Gala Dinner recognized at least nine outstanding women entrepreneurs and leaders across various categories, celebrating excellence in entrepreneurship, community involvement, and leadership.
This year’s Mbire Award for Woman Entrepreneur of the Year went to Dr. Jovia Tugumisirize, a mental-health expert whose work has made significant impact in the health sector. The Wanendeya Award for UWEAL Spirit was won by Sylvia Angey, founder of Nile Treatz Tours and Travel.
Teopista Kabasinga was also honored for her leadership and contribution to women entrepreneurship.
The award for a woman under 35 with a successful business under two years went to Gloria Musimenta, the founder of Nile Chocolates Uganda.
The award for a successful business operating for at least five years was received by Sarah Nabulime, while Florence Kuteesa was recognized for running a business that gives back to the community without apparent gain.
Macklean Byansinza, the founder of Itoto cosmetics won the seventh award which targeted a business that made meaningful difference in lives of others.
Meanwhile, the PPDA was also honored for its contribution to strengthening women entrepreneurs through public procurement efforts. Additionally, UWEAL CEO Connie Kekihembo was celebrated for her recent recognition as one of the 100 Most Influential Women in Africa.
