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Uganda’s Banking Sector Gears Up to Support Ambitious USD500 bn GDP Growth Plan Uganda’s financial sector is at a turning point as the country embarks on an ambitious journey to expand its GDP tenfold by 2040. At the 2025 UBA CEO Retreat, banking leaders and policymakers outlined bold strategies to mobilize financing, drive investment, and position Uganda as a $500 billion economy.

by Muhereza Kyamutetera
The Uganda Bankers’ Association (UBA) Chairperson and PostBank Managing Director, Julius Kakeeto and Moses Kaggwa, the Director of Economic Affairs at Uganda's Ministry of Finance, Planning and Economic Development.

The Uganda Bankers’ Association (UBA) has reaffirmed its commitment to supporting the Ugandan government’s ambitious economic expansion strategy, which aims to grow the country’s GDP from USD 50 billion to…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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