Finance Trust Bank Managing Director, Ms. Annet Nakawunde Mulindwa hands over a dummy cheque of UGX 2 billion to FUFA President, Mr Moses Magogo investment in women’s football.

Finance Trust Bank was established in 1984 with a mission to empower women to achieve their dreams and has over the last 40 years helped tens of thousands of women to do that. 

The bank is now extending its reach to women in sports in particular in football with a two billion  shillings (UGX 2,000,000,000) investment in women’s football in partnership with FUFA.  

Speaking at the announcement of the partnership, Finance Trust Bank Managing Director, Ms.  Annet Nakawunde Mulindwa said the sponsorship is in line with the bank’s mission of putting  women first.  

“We are excited to now  extend our support to women in sports and I am pleased to formally announce Finance Trust Bank’s two billion shillings sponsorship of the FUFA Women’s Football programme,” Ms Mulindwa  said.  

Under this partnership, over UGX 2 billion will be disbursed directly to FUFA over a period of four years at a UGX 350 million rate  per annum with the rest being spent on sponsorship activation.  

FUFA President, Hon. Eng. Magogo Moses welcomed the sponsorship noting it is a validation of  the success of FUFA’s women football programme. 

“Many year’s ago, FUFA began to seriously invest in and promote women’s football. This  investment has seen Uganda grow tremendously in this area and Uganda has established itself as  a women’s football powerhouse in the CECAFA region. But our ambitions don’t stop there. Uganda has the talent to compete and win at both the continental and global level and we believe that  with support both from the government of Uganda and from corporate sponsors like Finance Trust  Bank we shall be able to do so,” Magogo said.  

“Under this partnership, Finance Trust Bank is now the title sponsor of both the Finance Trust  Women’s Super League and the Finance Trust Women’s Elite League and as FUFA we are very excited about this partnership and we believe it is going to go very far hopefully all the way to the  World Cup,” Magogo added.  

The 2024/25 season of the Finance Trust Women’s Super League and Finance Trust Women’s Elite League are scheduled to kick-off at the end of September 2024.  

About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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