Dfcu Bank has announced sponsorship to a tune of Shs. 225 Million to the Best Farmers competition project.
The Bank innovations officer Paul Van Apeldoorn made the announcement at the 2018 awarding gala of the best farmer’s competition.
“The success of the best farmer’s competition is proof that farming can transform Uganda. Government needs to allocate more resources in the budget to professionalize farming” Apeldoorn said.
He added that government should also find ways to attract women and youth into farming as they are the most unemployed in the country.
The gala which took place at the Vision group head office on Friday evening saw Betty Mbazira from Isingiro district emerge as the 2018 winner and first woman to win the award since its inception 5 years ago.
The winners shared 225 million in addition to a learning trip to the Netherlands.
Apeldoorn added that the reason they support such competitions is because they help in making important contribution towards Uganda’s Vision of transforming subsistence farming to commercial agriculture.
Henk Jan Bakker the Netherlands ambassador to Uganda said they will continue to support the competition for the next three years.
“We must strive towards modernizing the agriculture sector in Uganda to make it more efficient and effective transforming it from substance to commercialized agriculture” he said.
Agriculture still remains a core sector in Ugandans economy contributing about 23 percent of Gross Domestic Product.