Shem Edmond Kakembo Archives

Inside story: How EFC Uganda sank into a financial crisis

by The CEO Magazine TeamFinance Industry & Analysis The Big StoryJanuary 23, 2024April 27, 2024

Bank of Uganda, Uganda’s central bank, on January 19th, 2024 placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs. This in effect…

EFC Uganda Ltd (MDI) Takes Gold at Consumer Choice Awards 2022

by CEO ReporterCompany News News & AnalysisAugust 9, 2022August 9, 2022

EFC Uganda, one of the fastest growing microfinance institutions in Uganda recently took Gold under the category of “Best Microfinance Institution” in Uganda. This was at the 4th edition of…

EFC Uganda’s Kakembo: We are a niche player serving exclusively SMEs in Uganda

by CEO ReporterNews & Analysis Thought LeadershipMay 25, 2022May 25, 2022

EFC Uganda Limited (MDI), now in its tenth year, is relatively young in Uganda’s banking arena but has grown over the years by leaps and bound; being listed among the…