Nyamutale Baguma named new MD for Uganda Energy Credit Capitalisation Company

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Nyamutale Baguma named new MD for Uganda Energy Credit Capitalisation Company
Roy Nyamutale Baguma .

Roy Nyamutale Baguma has been appointed as the new Managing Director for the Uganda Energy Credit Capitalisation Company(UECCC), a government institution that facilitates investments in Uganda’s renewable energy sector, with a particular focus on enabling private sector participation.

According to the UECCC board of directors, Baguma’s tenure started on April, 1, 2024.

Baguma is a seasoned investment and development finance professional with over  28 years of development finance experience with both local and regional development finance institutions.

He has previously worked at the  Development Finance Company of Uganda, Preferential Trade Area Bank (PTA Bank) now Trade and Development Bank , East African Development Bank and 13 years at  UECCC as the director, transaction execution.

Baguma is a holder of a Bachelors Degree in Economics and Statistics from Makerere University and a Masters in Business Administration in Financial Management from the University of Hull (United Kingdom).

He is also a Certified Public Private Partnership (PPP) Specialist of the Institute of Public Private Partnerships – IP3 Washington DC and many other Euromoney Training Certifications.

About UECCC

Uganda Energy Credit Capitalisation Company(UECCC) was operationalised in 2009 primarily to facilitate investments in Uganda’s renewable energy sector, with a particular focus on enabling private sector participation.

The company’s   main   objective   is to provide financial, technical and other support for renewable energy projects and programmes.

UECCC is also the administrator of the Uganda Energy Capitalisation Trust  which is a framework for pooling resources from government and development partners for the development of renewable energy projects.

In line with National Development Plan (NDPIII) sustainable energy programme objectives include increase access and utilization of electricity, increase of adoption and use of clean energy and promotion of utilization of energy efficient practices and technologies.

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