Home business Finance Trust Bank commit UGX 2BN in Women’s Football

Finance Trust Bank commit UGX 2BN in Women’s Football

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Women’s Football in Uganda continues to make strides and the latest landmark was registered on Thursday as FUFA announced a partnership with Finance Trust Bank.

In an event held at Finance Trust Bank Headquarters on Lumumba Avenue, Kampala, a sponsorship package worth two billion shillings was revealed.

The function was attended by FUFA President Hon. Magogo Moses Hassim and FUFA Executive Committee Member Rogers Byamukama.

Finance Trust Bank was ably represented by the Managing Director Annet Nakawunde and Executive Director Annette Kiggundu.

FUFA President was exceedingly elated about the partnership indicating the process to develop women’s football has been gradual.

“In 2013, FUFA took a painful decision to withdraw our U20 Women National Team that had eliminated South Sudan 22-0 on aggregrate. At the time, we did not have any formal Leagues and thus we decided to go back to the drawing board, created the FUFA Women Elite League first, then the FUFA Women Super League. That painful decision has bore fruits and we are grateful that we have Finance Trust Bank on board to support Women’s Football,” he stated.

“Under this partnership, Finance Trust Bank is now the title sponsor of both the Finance Trust Women Super Leaue and the Finance Trust Women’s Elite League and as FUFA we are very excited about this partnership and we believe it will to go very far in uplifting the standard of our Leagues and eventually the Women National Teams,” the President added.

Finance Trust Bank Managing Director Annet Nakawunde believes supporting Women’s Football is in line with their core principles.

“I am pleased to formally announce Finance Trust Bank’s two billion shillings sponsorship of the FUFA Women’s Football programme. Finance Trust Bank was first established in 1984 to support women in business and management to achieve their financial dreams. The bank has grown since then and today we have a network of over 35 branches supporting over half a million women across the country. We are excited to now extend our support to women in sports.” She stated before adding “We are excited to explore opportunities for women in football to join our team at Finance Trust Bank, leveraging their skills and passion to drive success both on and off the pitch.”

Under this partnership, one billion seven hundred thousand shillings (UGX 1,700,000,000) will be going directly to FUFA over a period of four years i.e. three hundred fifty million per year (350m per annum) with the rest being spent on sponsorship activation.

The 2024/25 Finance Trust Women Super League is expected to kickoff next month while the Finance Trust Women Elite League following suit.

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