By Stephen Kalema The top leadership of Development Finance Institutions in Africa will convene in Uganda from the 23rd to 24th of January 2024 to learn from the experience Uganda Development Bank (UDBL) in embracing the rigorous Sustainability Standards. The benchmarking visit organized under the auspicious of the African Association of Development Finance Institutions (AADFI) […]
By Stephen Kalema In a decisive move, the Bank of Uganda (BoU) has exercised its powers under Sections 72 (1) and 12 (1) (d) & (g) of the Microfinance Deposit-taking Institutions (MDI) Act, 2003 as amended, officially placing Entrepreneurs Financial Centers (EFC) Uganda Limited under liquidation. The central bank has also revoked EFC Uganda Limited’s […]
By Ambrose Gahene Uganda Development Bank (UDB), the country’s Development Finance Institution (DFI) on Friday launched its inaugural regional office situated in Gulu City aimed at serving Northern Uganda. According to the UDB Press statement, the Gulu City office, Situated along Lower Church Hill Drive, will act as a liaison point for all the districts […]