The lender has waived transaction charges and loan arrangement fees for six months and says credit decisions will be made within 48 hours Kampala, Uganda | JULIUS BUSINGE | NCBA Bank Uganda has launched a new business banking proposition offering unsecured loans of up to Shs500 million within …
Read More »NMG, KPMG and Equity Bank launch annual Top 100 SMEs survey
Equity Bank backs Top 100 Survey to unlock SME growth and monetize Uganda’s economic potential Kampala, Uganda | NEWS CORRESPONDENT | Equity Bank through their support and commitment to Uganda’s small and medium enterprises (SMEs) are yet again partnering with KPMG and Nation Media Group (NMG) for …
Read More »Rethinking how Ugandan SMEs engage with finance
OPINION | ZAKARIAS IDIRO | Uganda’s conversation around SME financing has for years revolved around one central issue: access. Discussions often focus on who qualifies for financing, what banking products exist, and the conditions businesses must meet before receiving support. While these concerns remain important, I believe the bigger issue today …
Read More »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 …
Read More »SafeBoda launches business transport solution for SMEs and corporates
Kampala, Uganda | THE INDEPENDENT | SafeBoda has today (March 26) launched a new business-focused transport solution aimed at helping companies streamline employee mobility, deliveries and expense management, as the Ugandan-founded ride-hailing firm expands deeper into enterprise services. The company said in a media release the newly introduced B2B platform …
Read More »FMO lends $20 million to I&M Bank for SMEs
Kampala, Uganda | THE INDEPENDENT | FMO, the Netherlands’ development bank, has extended a $20million senior unsecured facility to I&M Bank Uganda Limited to expand lending to small and medium-sized enterprises (SMEs), a segment widely seen as vital to Uganda’s economic growth but often constrained by limited access to finance. …
Read More »Equity Bank strengthens green finance with UGEFA accelerator training
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has strengthened its internal capacity to attract new clients and mobilize green finance opportunities following an intensive training under the Uganda Green Enterprise Finance Accelerator (UGEFA). The three-day Green Loan Product Development Training, facilitated by UGEFA’s Green Finance Experts, brought together …
Read More »EACOP and IEC to strengthen national content and capacity of SMEs
Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline (EACOP) Ltd. has signed a Memorandum of Understanding (MoU) with the Industry Enhancement Centre (IEC) to reinforce their shared commitment to advancing National Content initiatives and enhancing the capacity of Ugandan Small and Medium-sized Enterprises (SMEs). The IEC …
Read More »Glovo Academy debut empowers Ugandan SMEs
Kampala, Uganda | THE INDEPENDENT | Glovo, one of the leading technology platforms operating in Europe, Central Asia, and Africa, has successfully held the first-ever Glovo Academy edition in Kampala, Uganda. Designed to empower local small and medium businesses, the program equips partners with essential operational, digital, and financial skills …
Read More »UDB graduates new cohort of SMEs under enterprise development program
Mbale, Uganda | THE INDEPENDENT | Uganda Development Bank Ltd (UDB), through its Enterprise Development Program (EDP), has graduated a new cohort of Small and Medium Enterprises (SMEs) in Mbale, equipping participants with critical business skills and investor-readiness knowledge to drive sustainable growth. Delivered in partnership with Makerere University Business …
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