NU-TEC 2018 Annual Review

NU-TEC (Northern Uganda: Transforming the Economy Through Climate Smart Agribusiness)

Annual review 2018 on NU-TEC's work in Northern Uganda.

NU-TEC aims to increase the income and climate-resilience of poor men and women in northern Uganda.

The project consists of three main components.

  • Market Development: market systems development services, and technical assistance to private agribusiness. Palladium is delivering this five-year £14 million contract, to end in May 2020.
  • Special Credit Fund: delivery of medium term credit to agribusiness through a Ugandan financial institution. £10 million has been contracted to a Mercy Corps - Equity Bank consortium.
  • Long Term Investment: long term equity and credit to agribusiness through AgDevCo, a not-for-project investment vehicle. £12 million has been committed to AgDevCo.