Equity Group deepens climate financing footprint in Uganda

Equity Group Holdings Plc is deepening its role in climate financing across East Africa, with its latest financial results showing that activities tied to Uganda are supporting clean energy access, climate-smart agriculture and environmental conservation.

The regional lender said it channelled about Shs2.8tn, into “social impact and sustainability investment initiatives” in 2025, highlighting a growing shift towards green financing as a core business line.

Central to this strategy is agriculture. Equity, according to the report, said it has “empowered 3.8 million farmers with climate-smart agriculture skills”, enabling households to adapt to erratic weather and improve productivity.

According to the report, the group also expanded access to clean energy, reporting that it has distributed “over half a million clean energy solutions” across its markets. The initiative is aimed at reducing dependence on biomass fuels such as charcoal and firewood, a major driver of deforestation.

Environmental restoration is another plank of the group’s sustainability agenda. Equity said it has planted 44.6 million trees, contributing to reforestation and carbon capture efforts in the region.

“Sustainability shapes our investments, our partnerships, and our purpose”, the group noted in the report adding that it is helping communities in Uganda and elsewhere “access clean energy and financial opportunities” while embedding environmental risk considerations into lending decisions.

Uganda is among Equity’s fastest-growing subsidiaries, with strong performance linked in part to financing for agriculture and small businesses, sectors that are central to climate adaptation.

The results underline how banks are increasingly aligning profitability with climate action, as regional lenders position green finance at the heart of their growth strategies.

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