When Roy Nyamutale Baguma discusses sustainable energy solutions, it's evident that his enthusiasm is profound. With a distinguished career in development finance spanning 28 years, Baguma possesses the insight, passion, and leadership necessary to seamlessly transition into the needs for the establishment of Uganda Energy Credit Capitalisation Company (UECCC).
“After having served for 15 years propelling rich entrepreneurs to access big loans and gain more profit, I wanted to join a development finance aspect that would be able to assist in eradicating poverty, and also assist in climate change mitigation and adaptation measures,” says Baguma.
“So that is what attracted me to UECCC. I served as the manager of transaction execution and was subsequently promoted to director of transaction execution. I served in that position for 13 years, and after that, the board appointed me managing director of Uganda Energy Credit Capitalisation Company with effect from April 1,” he says.
Baguma’s appointment came at a time when electrification in rural areas is low, with 95 percent using solid biomass fuels for cooking.
Government has been pushing to increase the usage of clean energy among Ugandans. Photo / Courtesy
