On Thursday 5th February 2026,
@MEMD_Uganda in partnership with
@UgEquityBank, hosted a stakeholder information session to officially introduce the
@UKMECS Trust Fund, a catalytic financing facility to scale modern electric cooking solutions in
#Uganda.
The
@UKMECS Trust Fund totals GBP 550,000, offering eligible enterprises financing from UGX 30 million at 14% interest, one of the most competitive rates on the market. This is about unlocking access to affordable capital.
The Trust Fund is financed by the
@UKaid through
@FCDOGovUK and implemented by
@UgEquityBank, in partnership with
@MEMD_Uganda.
Access to working capital remains one of the biggest barriers in the clean cooking value chain. The Trust Fund provides short-term and bridge financing to support the importation and distribution of electric cooking appliances across Uganda.
The Trust Fund is designed to empower e-cooking enterprises to scale faster, reach more households and accelerate Uganda’s transition to modern, safe and clean cooking solutions. The private sector is key.
📣 We call upon eligible clean cooking enterprises to engage with the
@UKMECS Trust Fund and take advantage of this opportunity to grow, innovate, and expand access to modern electric cooking in Uganda.
#CleanCookingUG #eCooking #EnergyTransition