Makerere University and Stanbic Bank Uganda have renewed their long-standing Memorandum of Understanding (MoU) with discussions signaling a significant expansion of their partnership beyond traditional banking services.
The MoU was renewed on Tuesday, August 26th, 2025, at a meeting between the two entities. The two discussed how they can collaborate to strengthen the implementation of the University's research-led aspirations so as to be more responsive to national & regional development priorities in the face of climate change, youth unemployment & productivity, & rapid population growth.
The renewed MOU will focus on: Student Mentorship for Employability, Infrastructure for Sports & Student Accommodation, Venture Capital for Commercialization of Research Outputs, Business Coaching & Financial Literacy for alleviation of Indebtedness, Retirement Benefits as leverage for Low-cost Staff Housing, Retirement Planning, Alumni Engagement, Convocation SACCO, among others.
Makerere enjoys a longstanding relationship with Stanbic Bank as its primary banker & holder of approximately 90% of staff accounts. We are excited that this partnership will enhance staff welfare, student wellbeing & infrastructure
*Mak News