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 …
Read More »Afreximbank, EIB unveil €200m pharmaceutical financing scheme for sub-Saharan Africa
Kampala, Uganda | RONALD MUSOKE | The European Investment Bank (EIB), the world’s largest multilateral bank, and Afreximbank, the pan-African multilateral financial institution, have joined hands to finance healthcare and pharmaceutical manufacturing projects across sub-Saharan Africa in an attempt to strengthen health resilience on the continent. The new €200 million healthcare …
Read More »Uganda to benefit from cheaper, de-risked World Bank financing
KAMPALA | THE INDEPENDENT | Uganda is one of several countries in Sub-Saharan Africa that stands to benefit from a new World Bank financing facility that aims to support private sector access more affordable capital for investment. Under the 18th replenishment of the International Development Association (IDA18) – the World …
Read More »UN chief says $100 bln climate fund far from guaranteed
United Nations, United States | AFP | UN Secretary-General Antonio Guterres on Friday said a $100 billion annual fund to help developing countries tackle climate change was crucial to achieve the goals of the Paris climate deal. “We need to mobilize the agreed $100 billion annually for developing countries,” Guterres …
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