Housing Finance Bank receives 100 Acres from Kooki Kingdom for tree-planting project

October 16, 2025 in Companies, Land & Agriculture by Editor

The Kooki Kingdom has allocated 100 acres of land to Housing Finance Bank to support its Tiny Forests Initiative, a programme aimed at establishing small-scale forests across the country to promote environmental restoration.

The land will serve as one of the project’s key planting sites as the bank works toward its target of planting one million trees by 2027. The initiative seeks to contribute to national climate goals through afforestation, improved biodiversity, and soil restoration.

Officials said the project will also engage local communities through tree-planting and maintenance activities expected to generate alternative sources of income.

Speaking at the handover ceremony, Doreen Nyiramugisha, the bank’s Head of Marketing and Communications, said the donation would help accelerate implementation of the Tiny Forests Initiative.

“This support from the Kooki Kingdom brings us closer to our goal of planting one million trees by 2027,” she said. “We believe this project will contribute to environmental restoration and promote sustainable livelihoods.”

The Kooki Kingdom, represented by Prime Minister Rt. Hon. Idd Ahmed Kiwanuka, said the partnership reflects the Kingdom’s interest in conservation and community development.

“We are pleased to collaborate with Housing Finance Bank in promoting environmental stewardship,” he said. “Cultural institutions have an important role to play in preserving the environment for future generations.”

The Tiny Forests Initiative was launched by Housing Finance Bank as part of its sustainability strategy. The bank plans to implement the programme in partnership with Greening Africa, local government authorities, and community-based organizations.

Environmental experts say initiatives of this kind can help rehabilitate degraded land and strengthen community adaptation to climate change, provided there is consistent monitoring and maintenance after planting.