economy 11 June 2026 Daily Monitor (Uganda)

Uganda Allocates Shs1.14 Trillion to Boost Science and Creative Sectors

The Ugandan government has earmarked Shs1.14 trillion in the upcoming 2026/27 financial year budget to bolster science, technology, innovation, ICT, and the creative industries. This significant investment aims to foster innovation, expand digital infrastructure, and support burgeoning creative talents. Source: https://www.monitor.co.ug/uganda/news/national/govt-allocates-shs1-140t-to-science-and-creative-industries-5492760

The government of Uganda is set to inject Shs1.14 trillion into key sectors including science, technology, innovation, ICT, and the creative industries for the 2026/27 financial year. This allocation was revealed by Finance Minister Henry Musasizi during the presentation of the national budget.

The funds will prioritize the commercialization of local innovations such as Kiira Motors vehicles, locally produced pharmaceuticals and vaccines by Dei BioPharma, as well as banana-based products. A significant focus will also be placed on establishing a Hi-Tech City and enhancing scientific research and innovation initiatives.

In parallel, the budget aims to broaden digital infrastructure to improve internet accessibility, reliability, and affordability for both government services and e-commerce. The expansion of free-to-air television signals and strengthening intellectual property rights are also key objectives.

To safeguard artistic and intellectual works, the government has already enacted the Copyright and Neighbouring Rights (Amendment) Act, 2025. Furthermore, the establishment of the Uganda Creatives Revolving Fund provides accessible financing for SACCOs within the creative economy. As of December 2025, this fund had disbursed approximately Shs18.99 billion to 50 SACCOs, benefiting over 3,000 musicians, with a majority being youth and women.

The government is also progressing in acquiring a dedicated facility for creative artists, intended to serve as a common space for young talents to generate income and employment. These initiatives complement existing wealth creation programs like the Parish Development Program and Emyooga, alongside investments in tourism, minerals, oil and gas, and agricultural development.