By Devosh Matovu | Kapeeka, Nakaseke – November 8, 2025

The Chief Coordinator of Operation Wealth Creation (OWC), Gen (Rtd) Salim Saleh, has urged financial institutions to embrace the Kyappa Loan model as a key instrument for transforming land from a liability into a productive asset.

Gen Saleh made the remarks on Friday while hosting members of the Presidential CEO’s Forum (PCF) at Kapeeka Industrial Park in Nakaseke District. The meeting focused on strengthening Uganda’s economy through the Musevenomics strategy, which prioritises inclusive industrialisation, local value addition, and rural transformation.

“For me now, I am an expert in land development. My job is to convert land from being a liability to an asset,” Gen Saleh said.

He explained that the Kyappa Loan concept allows individuals to use formal proof of occupancy or tenancy—commonly known as a kyappa—as collateral to access credit. The initiative seeks to deconflict land ownership and enable millions of Ugandans to unlock the productive value of their land, particularly in rural areas where formal land titles are limited.

According to Gen Saleh, the model could serve as a catalyst for increased investment in agriculture, housing, and manufacturing, aligning with Uganda’s broader development vision under the Musevenomics framework.

“Financial institutions must look beyond traditional collateral. The Kyappa Loan model offers a pathway to empower Ugandans who have land but lack access to capital,” he noted.

Members of the Presidential CEO’s Forum, who attended the dialogue, praised Gen Saleh for his continued efforts to bridge the gap between the public and private sectors in advancing Uganda’s economic transformation.

The engagement concluded with a shared commitment to deepen collaboration between OWC, financial institutions, and private investors to promote wealth creation and job opportunities across the country.