The government estimates that the petroleum sector has capacity to generate between 2 to 2.5 billion dollars per year for the next twenty years. Bateebe said Uganda requires about $25 billion to finance renewable energy sources from hydropower, wind, , geothermal, solar and nuclear power plants.
Julius Kakeeto, the Chairman, Uganda Bankers Association said that as providers of credit for development, the banking industry was in position to lead the journey towards sustainable growth and development.