Uganda

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

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

DFCU Limited has secured a $3 million (Shs5.2 billion) credit from the Norwegian Investment Fund for Developing Countries to support Small and Medium Enterprises in the country. As part of the co-financed facility, which will benefit hundreds of SMEs, Dfcu Ltd will provide an equal amount to bring the total value of the credit to $6 billion (Shs10.4 billion).

Barclays Bank has announced the acquisition of Nile Bank, a Ugandan commercial bank specialising in SME finance

The United States African Development Foundation (USADF) has earmarked US$1.5m (about Shs2.7 bn) for the development of

Small- and medium-sized enterprises (SMEs) in East Africa are set to have more funds at their disposal following an increase in GroFin's fund capital to US$25m

The African Trade Insurance Agency (ATI), a multi-lateral export credit agency, recently held talks with the Uganda Flower Exporters Association on the possibility of extending credit insurance to

PROPARCO, a French development organisation, has provided the Dfcu Group with a finance boost of...

The Minister of Tourism, Trade and Industry Mr Daudi Migereko has urged financial institutions to extend credit to small- and medium-sized enterprises (SMEs).