UTB inks deal with Stanbic Bank to provide financial literacy to tourism SMEs & Start-Ups

Share
Tweet
Post
Send

The Uganda Tourism Board (UTB) has signed a Memorandum of Understanding (MoU) with Stanbic Bank to provide financial literacy support to Start-ups and SMEs in the tourism sector.

The agreement will be facilitated through the bank’s Business Incubator subsidiary and is to ensure the development and sustainability of these tourism businesses.

Commenting on the deal in a Facebook post Chief Executive Officer of UTB, Lilly Ajarova said, “this partnership brings a unique platform for both entities to jointly develop and implement a series of financial literacy programmes with an aim of producing competent, financially skilled entrepreneurs in the tourism sector.

UTB CEO, Lilly Ajarova

She added that as UTB one of their major goals is to continuously develop and grow the tourism industry in Uganda and to achieve this, the private sector plays an important role.

“This is just one out of many partnerships we shall continue to pursue as we try make sure that we collectively re-start and drive tourism forward,” Ajarova said.

Share
Tweet
Post
Send

Related Posts

Sponsored

Follow Us

Follow Us on X

#VoyagesAfriq From Feb 17-22, the Moroccan National Tourism Office, in partnership with CNT, leads a strategic roadshow in Beijing & Shanghai.

With new direct flights, Moroccan stakeholders engage top Chinese travel platforms to boost tourism appeal.

#VoyagesAfriq | Mark your calendars! Meetings Africa 2025 unfolds in Johannesburg from Feb 24-26.

Begin with BONDay, then explore two days of unparalleled networking, knowledge-sharing, and business opportunities.

Africa’s MICE sector is calling

https://www.meetingsafrica.co.za

#VoyagesAfriq The Gambia Tourism Board enhances global outreach at BIT Milano 2025, showcasing tourism and fashion synergies with Gambia International Fashion Week.

This strategic push reinforces its market position.

Read more:

Load More