New Financing for Energy Infrastructure at Heart of Power & Electricity Forum Uganda

Expert exchange on investment needs to power the tenfold growth energy demand in Uganda
(c) GIZ

How can financing be unlocked for critical energy infrastructure investments? As Uganda strives to advance its energy sector goals by 2040, this was one of the core questions discussed at this year’s Power & Electricity Forum in Kampala.

An expert panel exlored innovative financing pathways. The session “Unlocking Financing for Critical Energy Infrastructure to Meet the Tenfold Growth Energy Demand” saw contributions from the Ministry of Energy and Mineral Development (MEMD), the Stanbic Bank and GET.transform. Henry Jumba, GET.transform Country Window Coordinator Uganda, discussed how technical assistance can help de-risk and thus unlock project finance.

While delivering her keynote address, on behalf of the Permanent Secretary, Eng. Cecila Menya (Commissioner, Electrical Power Department, MEMD) informed the audience that as Uganda moves to mobilise financial support for its M300 energy compact, critical conversations on strategic issues such as unlocking financing for critical energy infrastructure projects, reliable power supply and challenges and opportunities in Uganda’s distribution sub-sector, off grid electrification and E-waste management, will be a forefront of building momentum to implement the country’s national electrification agenda.

The 4th edition of the Power & Electricity Forum on 10 July 2026 convened over 100 participants from the private sector, government, utilities, development partners, academia, financiers, and civil society to explore emerging trends and opportunities in Uganda’s evolving energy landscape.

Forming part of the three-day Power and Elec Uganda, the Forum was organised by the Uganda National Renewable Energy and Energy Efficiency Alliance (UNREEEA), in collaboration with the MEMD, Beyond the Grid Fund for Africa (BGFA) and further partners.

The event demonstrated the private sector´s vital role in unlocking the financing needed to achieve the country’s ambitious electrification goals under Uganda’s energy compact agenda. The MEMD remains dedicated to fostering robust regulatory conditions that help unlock private investment into clean energy access to meet rising demand and advance Uganda’s renewable energy transition.

Keynote by Eng. Cecila Menya, Commissioner, Electrical Power Department, MEMD, and panel snapshot. All images (c) GIZ