INVITE (Investment for Industrial Transformation and Employment)
Description
- This is a collaborative program between the Government of Uganda, the private sector and its development partners; The World Bank Group, SIDA, UK Government, Ministry of Foreign Affairs of the Netherlands.
- INVITE aims to create private sector manufacturing jobs and increase incomes across Uganda. INVITE will achieve this by supporting manufacturing and exporting firms.
- INVITE will operate a range of products through the private sector foundation Uganda and the Bank of Uganda INVITE Trust.
Beneficiaries
Manufacturers
Exporters
How Money is Accessed
- The Funds will be accessed through the banks, the project has not yet determined which banks the funds will be accessed through because the INVITE trust is not yet operational.
- Project offers a variety of products to support manufacturing firms in Uganda. These products include loans, credit guarantees, and technical assistance.