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Yunus to bring social biz to Uganda  


Saturday 10 March, 2018 10:16:46 pm

Yunus to bring social biz to Uganda  

Nobel Laureate Dr Muhammad Yunus. Photo: Collected

Dhaka, Mar 10 (UNB) – Nobel Laureate Dr Muhammad Yunus has signed a memorandum of understanding (MoU) to bring social business solutions to Ugandan social and economic problems.

Member of the Office of the Permanent Secretary of Ministry of Gender Labour and Social Development of Uganda Bernard Mujuni signed a MoU for collaboration between the ministry and Yunus Social Business (YSB), said a Yunus Centre release on Saturday.  

The MoU defines a framework for institutional collaboration between YSB and the Ugandan government over joint projects that aim to improve business skills and opportunities for youth, women and other vulnerable groups in Uganda.

Professor Yunus on March 5 arrived in Uganda on a three-day tour of the East African country. 

During his stay in Uganda, he gave three public lectures, had interviews with seven media outlets there, and addressed at the Ugandan President Yoweri Kaguta Museveni’s Advisory Council meeting on business and agriculture.

He also spoke about his new book titled ‘A World of Three Zeros’ at various meetings.

Besides, Prof Yunus visited four outstanding social businesses that are impacting the lives of ordinary Ugandans through employment creation and income generation. 

Since it started in 2014, Yunus Social Business (YSB) Uganda has invested over $1.5 million in 10 social businesses that are addressing some of the pressing social and environmental problems in Uganda. 
On March 8, Prof Yunus left Uganda for Kenya where he is scheduled to launch Yunus Social Business (YSB) Kenya.  The goal of YSB Kenya is to support and invest in 30 social businesses by 2020 thereby creating over 30,000 jobs and impacting over two million people.