NAIROBI | Xinhua | Kenya and Tanzania on Friday launched a project in partnership with the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) to boost financial inclusion in the two countries. Simon Chelugui, cabinet secretary in the Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development …
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At least 50% of the financing shall support women-run or women-owned businesses Kampala, Uganda | THE INDEPENDENT | Uganda’s Centenary Rural Development Bank and Housing Finance Bank have secured a combined Shs 640bn credit from the European Investment Bank for onward lending to private sector enterprises, with a focus on female …
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The company has issued a 3-year contract to a joint venture comprising Zoramu Consulting Group and Invest in Africa to establish the IEC Kampala, Uganda | THE INDEPENDENT | TotalEnergies EP Uganda has launched the Industry Enhancement Center (IEC), a sector-led initiative aimed at enhancing the capacity of Ugandan Small and …
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Uganda’s private sector constitute of about 90% SMEs generates over 75% of the GDP Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank, the country’s national Development Finance Institution, has signed a Loan Portfolio Guarantee agreement with the African Guarantee Fund (AGF), to scale up lending to SMEs, Women, Youth-affiliated businesses, …
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Kampala, Uganda | THE INDEPENDENT | A total of 130 small and medium enterprise owners have been recently placed in a better position to win contracts along the proposed East African Crude Oil Pipeline (EACOP) after the completion of a capacity-building training program delivered by the Stanbic Business Incubator Limited (SBIL). …
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Kampala, Uganda | THE INDEPENDENT | Experts in the renewable energy sub-sector have called for free progress towards a clean energy society instead of forcing the transition. They advise that the energy sector specifically renewable energy is organic and that Uganda, as a renewable energy market will keep growing as …
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Kampala, Uganda | THE INDEPENDENT | In an effort to boost Uganda’s renewable energy sector, key stakeholders have met at a Renewable Energy Business Accelerator Dialogue to address critical issues surrounding Small and Medium Enterprises (SMEs) in the renewable energy industry. The initiative, organized by Belli Advisory and supported by …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small businesses to accept card-based …
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Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has today (July 19) unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small …
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Kampala, Uganda | THE INDEPENDENT | A total of 300 SMEs in Masaka, Mbarara, and Fort Portal have received training in entrepreneurship and financial literacy from Absa Bank Uganda, in partnership with Enterprise Uganda. The training programme saw the SMEs get taken through modules such as business leadership and corporate governance, …
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