For years, Uganda’s banking industry has largely been defined by foreign-owned institutions, legacy perceptions, and an urban-centred approach to growth. Yet quietly, and perhaps more strategically than many realise, a different kind of story is beginning to emerge. The transition…
Uganda’s economic backbone is unequivocally its Small and Medium-sized Enterprises (SMEs). Accounting for a staggering 90% of the country’s private sector and contributing over 75% to its Gross Domestic Product (GDP), these vibrant businesses are the primary engines of job…
A game-changing opportunity has emerged for small and medium-sized enterprises (SMEs) across Sub-Saharan Africa. The TLG Africa Growth Impact Fund II, backed by a USD 10 million commitment, is poised to bridge the critical credit gap for businesses in the…
As the backbone of Uganda’s economy, small businesses play a vital role in driving growth and development. However, navigating the complexities of running a small business can be daunting, and many entrepreneurs struggle to avoid common mistakes that can be…
Small and Medium Enterprises (SMEs) form the backbone of Africa’s economy, driving employment, innovation, and economic transformation. However, their growth is often hindered by financial constraints, limited access to markets, and operational inefficiencies. The latest Mastercard SME Confidence Index 2025…
dfcu Limited is celebrating 60 years of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses in Uganda’. dfcu was established in 1964 as a development finance institution and since then, has contributed to national socio-economic transformation, growing together…
It’s a total lockdown countrywide, a number of business centers such as malls, arcades are closed and there is a ban on both private and public means of transport. As a result, people are not working and a number of…
The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favour of East African Development Bank (EADB). EADB will use the loan to support small- and medium-sized enterprises (SMEs) and infrastructure projects in East Africa.