Stanbic Business Incubator Limited partners with Pure Grow Africa to enhance agribusiness sector development in the Albertine region.

The Stanbic Business Incubator Limited (SBIL) has partnered with Pure Grow Africa under the Albertine Agribusiness Development Program to promote and nurture the agribusiness sector in the Albertine region. The program seeks to produce and aggregate quality food for supply to the region’s oil camps, which are expected to host over 160,000 when the oil production and development phase starts. The target is to support 20 Micro, Medium, Small and Medium Enterprises (MSMEs) and over 200 farmers through enterprise development, smallholder farmer training, and markets linkages.

SBIL will support the initiative by mobilizing funds for agribusiness activities, sourcing training experts, and bringing partners to invest in the program for job and wealth creation in Uganda. SBIL established an agribusiness hub in Bujumbura, Hoima District, for training, coordination, and aggregation of the farmers’ produce. Farmers will have the opportunity to receive training on best practices in agronomics and extension services, and MSMEs will have a chance to access finance and lucrative markets.

As a program partner, Pure Grow Africa will be in charge of mapping the region’s agribusiness ecosystem and profiling farmers to establish training needs and production capacity. Pure Grow Africa will also provide a market for farmer produce. The sectors of focus include; horticulture, cereals, grains, poultry, and animal husbandry. The planned farmer training will cover various aspects such as farm management, postharvest handling and record keeping. To ensure the program achieves quality and consistent production, meeting market requirements.

 About Stanbic Business Incubator Limited

The Stanbic Business Incubator Limited (SBIL) is a private company duly incorporated under the Laws of the Republic of Uganda. The Incubator started in 2018 as an initiative of Stanbic Bank to support and nurture SMEs to prepare for and harness business and growth opportunities. For more information, email: incubator@stanbic.com.

About Pure Grow Africa 

Pure Grow Africa is an agribusiness company whose primary aim is to source and market all types of Agricultural Items “Fresh or Dry”, “Raw or Value added. It also supports smallholder farmers through a system that empowers and strengthens them to remain productive in their agricultural enterprises. For more information, email: b.kimbuggwe@puregrowafrica.com.