CDC Group Plc Archives – CEO East Africa

We will relentlessly pursue dfcu Bank and its owners in English courts⏤ Crane Bank shareholders vow after London win

by Muhereza KyamuteteraIndustry & Analysis News & Analysis The Big StoryJuly 30, 2023July 30, 2023

Fresh from securing an English appellate court order that dfcu Bank, its former management and directors, must answer claims that they participated in corruption and bribery of Central Bank officials…

CONFIRMED: CDC Group fully exits dfcu Bank after a UGX48.1bn sale of stake to Danish development bank

by Muhereza KyamuteteraFinance The Big StoryDecember 19, 2019December 19, 2019

According to a source at the Uganda Securities Exchange (USE), IFU reportedly paid UGX645 per share, meaning they paid UGX48.1 billion for the 74,580,276 shares. The deal values dfcu at UGX482.5 billion.