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Uganda

Afreximbank to establish branch office in Uganda

The African Export-Import Bank (Afreximbank) concluded yesterday in Kampala the formalities for the take-off of its East Africa Branch Office in Kampala as it signed the two principal documents with the Government of Uganda at a ceremony witnessed by President...

#bank#Benedict Oramah#liquidity

Ugandan firm signs US$9m receivables financing facility

Kampala-based off-grid solar company ... has closed its largest receivables financing... (more…)

#debt facility#debt financing#leasing


Beyond Capital acquires ‘Numida’ platform to support financing of...

Beyond Capital is pleased to announce its latest investment in Numida, a platform that helps small businesses in Uganda... (more…)

#digital#management#small business


New accounting standard will make loans, insurance expensive in...

Uganda’s banking and insurance industries are envisaging good times ahead as they embrace the new global accounting standards effective this…

#guarantees#international#management


Finance ministry finally releases draft SMEs policy

The long-awaited SMEs draft policy is ready, but awaits Cabinet s consideration, stakeholders were told last week. (more…)


Lack of information means European loan underexploited

Ugandan SMEs have not exploited a loan developed by the European Investment Bank due to a lack of information about how to…

#bank#banks#insurance


DFCU Bank secures loan to fund local SMEs

Dfcu Bank secures 7million euro loan to finance SME expansion. (more…)

#bank#international#security


DFCU to support SMEs

DFCU Bank has launched a loan facility to support small-and-medium entrepreses (SMEs). (more…)

#Access to Finance#bank#Clear


Northern Uganda gets micro-finance

A $150,000 (about sh241m) micro-finance, which will serve northern Uganda, has been started. (more…)

#interest


High numbers of SMEs are closing annually

More than 50% of all small and medium sized enterprises (SMEs) close shop annually due to lack of finance. (more…)

#financial services#interest#interest rates


PSFU supports SMEs financing

The Private Sector Foundation of Uganda has designed a new initiative to help business enterprises pay back their bank loans.…

#bank#risk#small businesses


New scheme targets SMEs

SMEs in Uganda will benefit from an initiative dubbed Aspire Uganda, which was launched by three multinational companies to provide…

#bank#CDC#Deutsche Bank

USD 3m loan for Uganda SMEs

DFCU Limited has secured a $3 million (Shs5.2 billion) credit from the Norwegian Investment Fund for Developing Countries to support…

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