KAMPALA, Uganda – Absa Bank Uganda and Junior Achievement Uganda have officially launched the 2026 Company of the Year competition with a specific focus on artificial intelligence.
The theme for this year, AI – Augmenting Innovation, challenges secondary school students across the country to integrate AI technologies into their business models. The initiative aims to show how digital tools can be used positively to address economic challenges and strengthen local innovation.
Speaking Tuesday at Aga Khan High School, Helen Basuuta Nangonzi, head of marketing and customer experience at Absa Bank Uganda, said the bank is committed to equipping the next generation with modern entrepreneurial tools.
At Absa, we believe that financial literacy and entrepreneurship are the cornerstones of economic freedom, Nangonzi said. Through this partnership with JA, we are equipping students with the tools to build a resilient and prosperous future.
The 2026 contest expects to reach more than 200,000 youth from over 55 schools. Participating students will establish and manage mini-companies, gaining hands-on experience in business and financial management with professional support for tech-driven ideation.
The launch event also honored the success of Ugandan students on the continental stage. Students from Aga Khan High School were presented with a $1,000 prize following their victory at the 2025 Junior Achievement Africa Regional Competition in Abuja, Nigeria.
The team was recognized for developing Renewablock, a climate-focused innovation that won the Africa Champions title.
Rachael Mwagale, executive director of Junior Achievement Uganda, said the victory in Abuja proved that Ugandan innovators can compete and win at the highest levels. She added that the new AI-focused season will further empower learners with the mindset required to thrive in the 21st century.
The competition is now open for registration to schools nationwide, with the national finals and exhibition scheduled for September 2026.
Absa Bank Uganda Limited is part of Absa Group Limited and is regulated by the Bank of Uganda.
