Uganda Launches Okusevinga: Government-Owned Investment Scheme Opens Doors for All

Uganda has officially launched Okusevinga, the country’s first government-owned unit trust scheme, designed to make investment opportunities accessible to a wider population. The pilot phase began on December 17, 2025, and will allow participants to test the platform before its full public rollout in 2026.

The initiative is mobile-based, enabling Ugandans from both rural areas and the diaspora to invest safely in government securities using small amounts of money. According to Permanent Secretary and Secretary to the Treasury Dr. Ramathan Ggoobi, the project targets communities that are often hard to reach through traditional financial systems. He said,

“The use of digital platforms such as Okusevinga will enable the Government to reach out to segments of the population that otherwise would not be easily reached through conventional means, including rural communities and the Diaspora.”

Dr. Ggoobi explained that the platform is not limited to government securities alone.

“In addition to securities, the Government will leverage this infrastructure to mobilise retail pensions, contributions towards insurance products, and other mass resource mobilisation efforts,” he added.

He also emphasized the scheme’s role in promoting a culture of saving and strengthening Uganda’s domestic financial markets:

“As our economy grows and as we pursue our tenfold growth agenda, we must identify alternative revenue sources, particularly from the domestic financial market. Okusevinga will also lower Government borrowing costs.”

Bank of Uganda Governor Michael Atingi-Ego noted that the scheme allows individuals to invest as little as UGX 10,000 using mobile money, transitioning informal savings into regulated, low-risk investment instruments. This move aims to enhance household financial resilience while deepening domestic capital markets.

The pilot phase is supported by multiple partners, including the Capital Markets Authority, Uganda Communications Commission, National Information Technology Authority, Financial Sector Deepening Uganda, Uganda Investment Authority, and Airtel Uganda. The government plans to continue engaging stakeholders and promoting financial literacy ahead of the public launch.

With Okusevinga, Uganda takes a significant step toward financial inclusion, helping citizens from all walks of life save and invest safely while contributing to national economic growth.