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Tag Archives: financing

Exim Bank Uganda rolls out new financing option for SMEs

Kampala, Uganda | THE INDEPENDENT | Exim Bank Uganda has launched “Deals Move with Exim Trade Finance Solutions,” a new trade finance campaign aimed at enabling businesses to operate without interruption and seize opportunities in an increasingly competitive market, it said in a media release dated Apr.9. Trade finance is critical …

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Gulf shock, African shield

Afreximbank deploys $10 billion to cushion economies from a new global disruption   Cairo, Egypt | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank, has approved a $10 billion emergency facility to shield African and Caribbean economies from the fallout of escalating tensions in the Gulf, as policymakers race …

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Wealthy countries agree to $300bn climate financing

Baku, Azerbaijan | THE INDEPENDENT |  Major countries of the world have agreed to pay $ 300 billion each year for the next 10 years to climate financing to help mitigate global climate changes. Sitting in Baku Azerbaijan, the United States, the United Kingdom, the European Union, and Australia among …

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UDB champions green financing in Africa

Domestic banks, pension funds and financial institutions play a critical role in mitigating these climate-related risks and providing partners with the tools to invest with confidence ANALYSIS | THE INDEPENDENT | State-owned development financing institution, Uganda Development Bank on Nov.15 convened a high-level meeting with key stakeholders on the sidelines of …

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Navigating automotive financing options: A comprehensive guide for prospective car buyers in Uganda

Kampala, Uganda | THE INDEPENDENT | Owning a car is a significant milestone for many Ugandans, providing convenience, freedom, and mobility. However, with the rising cost of vehicles, navigating the world of automotive financing becomes crucial for prospective car buyers in Uganda. Understanding the various financing products available and choosing …

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Millennials lead in car purchases on loan

Kampala, Uganda | ISAAC KHISA | Ugandan’s are now embracing use of loans to acquire cars of their choice as they strive for a convenient transport means. Faith Margaret Naikayu, the Commercial Manager at Autochek Uganda, a digital car financing marketplace in an interview spoke about the new trends in car …

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