Blended Finance in Uganda: Opportunities, Challenges and Risks

This country-specific report maps Uganda’s emerging blended finance ecosystem, detailing stakeholder roles, current financing flows, and the enabling policy framework. It highlights key projects in sectors like agriculture and renewable energy, while also identifying significant gaps in the system. The analysis points to challenges in risk-sharing mechanisms, limited local institutional capacity, and a lack of coordination among development partners and government agencies. The paper concludes with specific policy recommendations to strengthen the effectiveness and scale of blended finance mechanisms for sustainable development in Uganda.