The UDB and the EU create the tourism intervention fund in Uganda to help the Ugandan tourism sector to soar through the hardship of COVID19

The Uganda Development Bank (EDB) in partnership with European Union (EU) has allocated funds in form of a grant attached to a loan (also known as ‘facility’) to enable the sector soar through the hardship of COVID19. The facility seeks to stimulate businesses operating in the tourism sector, which has been heavily impacted by COVID-19 by providing a grant and soft loan with flexible terms aligned to the current needs of the sector. A total approximate pool of UGX 61.8 Billion (UGX 40Bn UDB loan plus UGX 21.8Bn EU Grant) has been set aside for this intervention. The EU grant is subject to the signing of an agreement between EU and UDB.

The agreed tourism intervention fund is in line with the activities developed in the framework of the project GreenTU funded by the Switch Africa Green Programme and, more precisely, with

• Output 1 – Improved sustainability and resource efficiency of the Tourist Accommodation Sector in Uganda and compliance with internationally recognised EMS ISO14001,
• Output 2 – Promoted green commercialisation and consumption by implementing sustainability certification in the MSMEs of the Tourism Sector in Uganda, and
• Output 4 – Increased awareness and commitment of governmental institutions and financing bodies in SCP practices and Sustainable Tourism’s benefits.

A call for applications is currently opened and the deadline to apply has been extended to October 30th at 5 pm.

The call defines the eligibility criteria to be fulfilled by any applicant and the eligible expenditures under the facility that can be financed. At this regard, it must be highlighted that the certification costs of ISO 14001:2015 and Travelife are eligible. Therefore, for those companies involved in the project GreenTU that have been working in:

• the implementation of an environmental management system according to the standard ISO 14001:2015, and/or
• the implementation of the tourism sustainability certification Travelife at their facilities,

this call for applications constitutes an excellent opportunity to finance the certification costs of the ISO 14001:2015 and/or Travelife, what would be the culmination of the hard work done during the last 2 years.

All the information about this call for applications is available at https://www.udbl.co.ug/wp-content/uploads/2020/09/UDB-CALL-FOR-APPLICATIONS-TOURISM-INTERVENTION-FUND.pdf.

Informative Workshop in Jinja

The objective of this workshop was to present the project to the MSMEs of the Tourism Sector in Jinja and nearby areas, which is a relevant tourist region. Besides, the activities that will be carried out within the project were explained and MSMEs of the Tourism Sector were motivated to participate in the project.

Representatives of the MSMEs of the Tourism Sector, Academia team and representatives from the Busoga Kingdom attended the event.

Informative Workshop in Kampala

The main objective of this workshop was to present the project to the MSMEs of the Tourism Sector, explain the activities that will be carried out within the project and motivate MSMEs of the Tourism Sector to participate in the project.

The event counted with the participation of the Hon. Minister for Tourism Wildlife and Antiquities Prof.Ephraim Kamuntu, the EU representative Mr. Jean Baptiste Fauvel, and the President of UTA, Ms. Pearl Hoareau. Representatives of the MSME of the Tourism Sector attended the event.

Kick off Meeting in Kampala

The kick off meeting took place in the Hotel Africana in Kampala, in which the project was launched. It was the first face to face meeting between partners. The objective of this meeting was to review the activities and define a strategy to fulfil the targets of the project.