Stanbic Bank Uganda in a partnership with M-Kopa on Wednesday contributed UGX50 million towards the installation of solar solutions in twenty schools spread across the country. Barbara Kasekende, Stanbic Bank Uganda’s Head of Corporate Social Investment (CSI) noted the bank’s key focus area for CSI is education.
“Our CSI focuses on promoting education because we believe it is a key factor to achieving transformational change in our country’s economy. This means we have to continue funding the various aspects that facilitate a good education if we want a more productive workforce that can carry out tasks that require literacy and critical thinking to push us forward. Energy solutions for schools is one of the key factors,” Barbara told the press during the launch at Senene Primary School.
To power up 20 schools nationwide, Barbara pointed out that access to electricity in rural areas is one of the biggest challenges they identified. This brought them to having a partnership with M-Kop.
“We are happy to leverage on our relationship with M-Kopa to mitigate this. The ability to take clean energy solutions to these schools conveniently and help bridge the power gap will go a long way in impacting the lives of these students,” she said.
The schools that will have solar equipments installed include; Namakwekwe primary school, Bufooto Primary School, Najja Primary School, Nakhupa primary school, Ubumasokho Primary school, Buwakoro Primary school, Kiwata Primary School, Buduma Primary School, Bufunda Primary School, Kimira Primary School, Nawandala Primary School, Bubaka Primary School, Nyanzi Primary School, Kyakoba Primary School, St Kizito Namagogo Primary School, Kasenyi Primary School, Senkulu Primary School, Kibyamirizi Primary School, Buliisa Primary School, and St Noah Myanzi Primary school.
M-Kopa Managing Director David Damberger said, Uganda, with a population of about 41 million people and about 7 million households has one of the lowest electrification rates in Africa. He further told the press that, out of the 7 million, about 1.1 million have access to electricity.
This represents 22% of the entire population meaning over 30 million Ugandans go to sleep without electricity every night.
“As a company, we are currently powering over 100,000 households in Uganda and it is amazing the impact solar solutions can bring to the communities. We have seen school children in the rural areas manage to study better at night after school hence improving on their learning,” said David.
He added, “as such, we are glad to be part of this partnership with Stanbic and we believe these schools will be a great example on how solar solutions can impact lives.”
Government of Uganda, in its ambitious plan to achieve middle income status by the year 2030, wants off-grid consumers to access clean modern energy services in a bid to improve social services, economic growth and welfare of its citizens. It is expected that 60% of households in Uganda will have a solar energy product or will be receiving solar related services by the year 2020.