Timothy Wilkins Okanya, the KCB Bank Uganda Head of Corporate Banking
HABARI DAILY I Kampala, Uganda I KCB Bank Uganda has disbursed over Shs 4.7 billion in loans subjected to environmental and social due diligence screening, laying the groundwork for the development of green energy solutions.
This has spotlighted the bank’s leadership in green finance, including investments that support clean energy, environmentally conscious industrial models, and policies that promote a circular economy.
“We continue to advocate for financial systems that are inclusive, climate-resilient, and regionally integrated,” said Timothy Wilkins Okanya, the KCB Bank Uganda Head of Corporate Banking.
This was during the recently held 2025 Private Sector Foundation Uganda (PSFU) Annual Conference, which was held from August 5th to 6th at the Kampala Serena Hotel.
Convened under the theme “Enhancing Policy Advocacy for Sustainable Regional Industrial Growth,” the conference brought together government officials, private sector leaders, and development partners to advance inclusive, sustainability-focused industrialisation in Uganda and the wider region.
During the session, Okanya emphasised the bank’s strategic role in promoting climate-smart financing and aligning business growth with Uganda’s low-carbon development goals.
Timothy Wilkins Okanya, the KCB Bank Uganda Head of Corporate Banking and other panelists at the recent PSFU annual conference
“KCB Group is driving sustainable development by aligning with the UN Principles for Responsible Banking, the Paris Agreement, and the Sustainable Development Goals.”
He added that as an accredited entity of the Green Climate Fund, KCB is playing an active role in the global shift from fossil fuels to green and renewable energy.
“For many developing and least developed countries, scaling opportunities in sustainable energy remains a challenge, but we are making significant progress,” he said.
Okanya said that at the Group level, they have issued an additional Shs 4.1 billion in green loans to support renewable energy, sustainable agriculture, and eco-friendly infrastructure.
“In line with today’s discussion, we have also committed $885 million towards supporting women-owned businesses, an area that was highlighted earlier in the panel,” he added.
By contributing to national policy conversations and sharing practical insights, KCB Bank Uganda reaffirmed its role as a driver of purposeful industrial transformation, placing people at the centre of progress and championing policies that balance prosperity with environmental responsibility.
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