Kampala City Council Authority (KCCA) and Absa Bank Uganda have signed a partnership to address three key areas of intervention namely; environmental sustainability, skilling of women and youth, and behavioral change communication.
The partnership intends to run for a period of three years, and Absa has earmarked a community investment worth UGX490 million towards various initiatives under the areas of focus.
‘’Partnerships are a great way to develop cities and cities thrive when there is a participatory approach to the development’’ Dorothy Kisaka, the Executive Director at KCCA noted shortly after the announcement.
She noted that the private sector key stakeholder in City Redevelopment plans and KCCA will be reaching out to other companies to ensure that Kampala city thrives.
“Kampala is the 13th fastest growing city in the world, contributes 80% of Uganda’s industrial and commercial activities, delivers over 65% of national GDP with a daytime population of an estimated 4 million people and at least 75% of tax revenue in Uganda comes from Kampala. So it’s important that we pay attention to the needs of people of Kampala city’’, she added.
She further noted that the city’s urbanization rate of over 5% is resulting in fast depletion of green cover.
Through this partnership, we will support KCCA’s efforts to increase Kampala’s tree density in the various municipalities with an 80% survival rate of trees planted, establish efforts towards economic empowerment for women and youth and invest towards communications that promote changes in knowledge, attitudes, norms, beliefs, and behaviors to support the evolution of the city to attain smart city status,” said Mumba Kalifungwa, Managing Director, Absa Bank Uganda.
