Mukwano Industries Uganda, the leading firm in the agricultural sector together with the Private Sector Foundation Uganda signed a memorandum of understanding today.
The two firms have partnered on a project dubbed The Lead Firm Structure Project which was supported by the Mastercard Foundation. The project aims to create a total of 50,000 jobs for the young people in Uganda.
Tony Gadhoke, the CEO Mukwano Industries Limited said that throughout the industries’ agricultural value chain, there’s a UGX 251 billion economic opportunity for the youth to tap into the supply chain within Uganda alone as producers.
Gadhoke also said that he looks forward to expanding the production of sunflower and soya bean oil to feed the nation as well as create jobs in the country.
Francis Kisirinya, the acting Executive Director of Private Sector Foundation Uganda said that with Lead Firm Structure under the Private Sector Foundation Uganda, they are partnering with lead firms in the agriculture, manufacturing, tourism & hospitality sectors to utilize the opportunity gaps identified across the value chain and have so far on-boarded 17 out of 80 lead firms.