• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
NCBA Uganda Launches EV Charging Station in Nakasero, Emphasizes Sustainability Commitment

NCBA Uganda Launches EV Charging Station in Nakasero, Emphasizes Sustainability Commitment

January 30, 2025
Dfcu Limited Rewards Shareholders with Record Dividend After Robust FY2024 Performance

Dfcu Limited Rewards Shareholders with Record Dividend After Robust FY2024 Performance

July 10, 2025
Absa Bank Uganda treats customers to entertainment at the launch of Absa Business Club

Absa Bank Uganda treats customers to entertainment at the launch of Absa Business Club

July 10, 2025
CCBU Partners with Joe Walker to Champion Road Safety for Boda Boda Riders

CCBU Partners with Joe Walker to Champion Road Safety for Boda Boda Riders

July 10, 2025
IGG blocks shs13.3 billion land fraud payout

IGG blocks shs13.3 billion land fraud payout

July 10, 2025
Lesotho declares state of disaster over youth unemployment

Lesotho declares state of disaster over youth unemployment

July 10, 2025
President Ruto under fire after ordering police to disable protesters

President Ruto under fire after ordering police to disable protesters

July 10, 2025
Mobile Money robbery foiled after dramatic chase, one suspect killed

Mobile Money robbery foiled after dramatic chase, one suspect killed

July 10, 2025
Nandor Love to English-singing Ugandan artists: “Go sing in the U.S.”

Nandor Love to English-singing Ugandan artists: “Go sing in the U.S.”

July 10, 2025
NIRA raises concern over low turnout for ID registration and renewal

NIRA raises concern over low turnout for ID registration and renewal

July 10, 2025
The President’s directive to evict the Balaalo was done in good faith

The President’s directive to evict the Balaalo was done in good faith

July 10, 2025
NCBA Bank Uganda Commits UGX 1.45 Billion to Sponsor MakRun 2025

NCBA Bank Uganda Commits UGX 1.45 Billion to Sponsor MakRun 2025

July 10, 2025
“Keep a Girl in School” Initiative Launched in Rakai District to Tackle Menstrual Health Challenges and Boost Girls’ Education

“Keep a Girl in School” Initiative Launched in Rakai District to Tackle Menstrual Health Challenges and Boost Girls’ Education

July 10, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, July 11, 2025
  • Login
Ugnews Line
  • Home
  • News
    • Sports
    • Crime
    • Business
    • Politics
    • Blogs
  • Tech
  • Agriculture
  • Opinion
  • Entertainment
  • Lifestyle
Ugnews Line
No Result
View All Result
Home Tech

NCBA Uganda Launches EV Charging Station in Nakasero, Emphasizes Sustainability Commitment

The electric charging point is a timely response to the growing number of electric vehicles on Ugandan roads

by Deogratias Ssekakozi
January 30, 2025
in Tech
0
NCBA Uganda Launches EV Charging Station in Nakasero, Emphasizes Sustainability Commitment
5
SHARES
65
VIEWS
Share on FacebookShare on TwitterLinkedinWhatsAppEmail

NCBA Uganda has unveiled its first electric vehicle (EV) charging station at its Head Office at Twed Towers in Nakasero, marking a major step in the bank’s “Change the Story” sustainability agenda, which emphasizes a commitment to environmental responsibility and social impact.

The launch coincided with the introduction of a Hyundai Kona EV into the bank’s fleet, signaling a shift towards electric mobility within the organization.

Mark Muyobo, the bank’s chief executive officer said the initiative is part of NCBA’s broader sustainability commitment to environmental sustainability.

“This EV charging station represents a crucial step in our journey towards a more sustainable future. We firmly believe in responsible business practices and are committed to playing our part in mitigating climate change. This initiative is a testament to our dedication to creating a greener tomorrow, “Muyobo said.

During the launch of electric vehicle charging station in Kampala

Transportation is a major contributor to global carbon emissions. By installing EV charging stations and financing sustainable transportation options, NCBA is actively facilitating a transition away from fossil fuel dependence. This crucial infrastructure plays a vital role in encouraging wider consumer adoption of electric vehicles.

NCBA’s “Change the Story” campaign is deeply rooted in integrating environmentally friendly practices across all facets of its operations. This comprehensive approach encompasses initiatives such as:

• Growing 10 million trees by 2030.

• Eliminating the use of single-use plastics.

• Maximizing waste recycling efforts.

“By championing EV infrastructure and financing, NCBA demonstrates that financial institutions can play a pivotal role in achieving national and global sustainability goals,” Muyobo emphasized.

According to Muyobo, the launch of the electric charging point is a timely response to the growing number of electric vehicles on Ugandan roads.

Louisa Wandabwa NCBA Group Regional Director & Head of Group Strategy said NCBA Group has identified sustainability as a key priority and has set 15 ambitious goals. She said the bank is committed to working with private and public sectors to drive waste recycling, green our supply chain, and, importantly, mobilize financing for sustainable projects.

“As a bank, we’ve committed to raising 900 billion UGX for these initiatives, with a third already available for deployment across the region. We encourage businesses to partner with NCBA, as we have the resources and the expertise to drive their sustainability agendas,” she said.

Experts estimate that by 2030, widespread e-mobility adoption in Uganda could prevent 1.5 million tons of CO2 emissions annually. Therefore, early adopters like NCBA are not only paving the way for a transportation revolution but also contributing to a more sustainable and resilient future for Uganda.

Apart from investing in EV fleets and charging stations, the bank has also committed to grow 10 million trees by 2030, in addition to eliminating the use of single use plastics in its operations. The bank will maximize waste recycling, green its supply chain, align with the 2015 Paris Agreement and reduce its financed emissions by 2030.

NCBA Uganda’s sustainability efforts are guided by its “Change the Story” framework, which encompasses a wide range of ESG (Environmental, Social, and Governance) initiatives such as supporting sustainable projects through financial investments, reduce its carbon footprint through various initiatives and engaging in various social impact programs.

Tags: change my storycharging stationElectric vehicleEnvironmentFEATUREDNCBA UgandaSustainabilityTwed Towers
Share2Tweet1ShareSendSend
Deogratias Ssekakozi

Deogratias Ssekakozi

  • UCE RESULTS: Fort Portal secondary school shines again

    UCE RESULTS: Fort Portal secondary school shines again

    56 shares
    Share 22 Tweet 14
  • Implementing Congestion Pricing in Kampala to Ease Traffic: A Strategic Approach

    40 shares
    Share 16 Tweet 10
  • Housemaid Sentenced to 40 Years for Torturing 4-Year-Old Child

    39 shares
    Share 16 Tweet 10
  • Dr. Onesmas calls for united efforts in the fight against the Ebola Sudan virus as children return to school

    36 shares
    Share 14 Tweet 9
  • Bank of Africa launches “Appsolutely Eassy” Campaign

    35 shares
    Share 14 Tweet 9
Dfcu Limited Rewards Shareholders with Record Dividend After Robust FY2024 Performance

Dfcu Limited Rewards Shareholders with Record Dividend After Robust FY2024 Performance

July 10, 2025
Absa Bank Uganda treats customers to entertainment at the launch of Absa Business Club

Absa Bank Uganda treats customers to entertainment at the launch of Absa Business Club

July 10, 2025
CCBU Partners with Joe Walker to Champion Road Safety for Boda Boda Riders

CCBU Partners with Joe Walker to Champion Road Safety for Boda Boda Riders

July 10, 2025
  • Trending
  • Comments
  • Latest
UCE RESULTS: Fort Portal secondary school shines again

UCE RESULTS: Fort Portal secondary school shines again

February 11, 2025
Implementing Congestion Pricing in Kampala to Ease Traffic: A Strategic Approach

Implementing Congestion Pricing in Kampala to Ease Traffic: A Strategic Approach

January 4, 2025
Housemaid Sentenced to 40 Years for Torturing 4-Year-Old Child

Housemaid Sentenced to 40 Years for Torturing 4-Year-Old Child

January 4, 2025
Dr. Onesmas calls for united efforts in the fight against the Ebola Sudan virus as children return to school

Dr. Onesmas calls for united efforts in the fight against the Ebola Sudan virus as children return to school

February 3, 2025
Busoga’s Coffee Farmers Told to Register or Risk Losing Market Share

Busoga’s Coffee Farmers Told to Register or Risk Losing Market Share

1
Members of parliament propose a motion for gov’t to establish waste management fund

Members of parliament propose a motion for gov’t to establish waste management fund

1
Moneylenders guide public on how to steer clear of illegal operators

Moneylenders guide public on how to steer clear of illegal operators

1
Yara, Ministry of Agriculture partners to Strengthen Agricultural Standards

Yara, Ministry of Agriculture partners to Strengthen Agricultural Standards

1
Dfcu Limited Rewards Shareholders with Record Dividend After Robust FY2024 Performance

Dfcu Limited Rewards Shareholders with Record Dividend After Robust FY2024 Performance

July 10, 2025
Absa Bank Uganda treats customers to entertainment at the launch of Absa Business Club

Absa Bank Uganda treats customers to entertainment at the launch of Absa Business Club

July 10, 2025
CCBU Partners with Joe Walker to Champion Road Safety for Boda Boda Riders

CCBU Partners with Joe Walker to Champion Road Safety for Boda Boda Riders

July 10, 2025
IGG blocks shs13.3 billion land fraud payout

IGG blocks shs13.3 billion land fraud payout

July 10, 2025
Ugnews Line

Copyright © 2024 Ugnewsline.

Navigate Site

  • Home
  • News
  • Tech
  • Agriculture
  • Opinion
  • Entertainment
  • Lifestyle

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Sports
    • Crime
    • Business
    • Politics
    • Blogs
  • Tech
  • Agriculture
  • Opinion
  • Entertainment
  • Lifestyle

Copyright © 2024 Ugnewsline.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.