World Bank Archives – CEO East Africa

From a small stock to big gains: Siddy’s success with dfcu Bank and the GROW Loan initiative

by Paul MurungiCompany News ProfilesNovember 20, 2024November 20, 2024

For the past nine years, Siddy Latabu has been trading in fish, supplying silver fish and smoked fish in Kitgum Main Market to sellers in Kitgum and neighboring districts including; Pader, Agago, and Lamwo. But it wasn’t until she discovered dfcu Bank’s GROW loan that her business truly grew to…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Africa Rising: Coming from a tough 2023, what opportunities must you keep your eyes on?

by CEO East Africa MagazineIndustry & Analysis Thought LeadershipNovember 14, 2024November 14, 2024

The last 24 months have been some of the most volatile and unpredictable for several African markets.From steep currency fluctuations, persistent inflationary pressures and oscillations in consumer expenditure.There have been multiple unprecedented waves of change that have set in course a series of adjustments in consumer, talent, and financial markets.The…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

PostBank completes disbursement of UGX 6 billion GROW Loan as first tranche to 353 women entrepreneurs

by Paul MurungiCompany NewsOctober 3, 2024October 3, 2024

PostBank Uganda driven by its purpose of Fostering Prosperity for Ugandans has completed UGX 6 billion disbursement of the first tranche of the GROW loan to 353 women entrepreneurs, a project funded by the World Bank and implemented by the Ministry of Gender, Labour and Social Development in partnership with…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Disrupt or Be Disrupted: How PostBank is getting smarter with Artificial Intelligence

by Paul MurungiCompany News Thought LeadershipAugust 29, 2024August 29, 2024

Over the past decade, the banking industry has been part of the digital age continuously adapting the latest technology innovations to redefine how customers interact with banks. The digital age, which is a successor to the Industrial age, has its peculiar challenges because most of the information is too massive, and the…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Finance Trust Bank launches UGX23 billion GROW fund for women in business, agriculture and trade

by Paul MurungiCompany NewsAugust 21, 2024August 26, 2024

Finance Trust Bank has launched a UGX 23 billion kitty in GROW loans to over 3000 women during a financial literacy training program at UMA Multi-purpose hall in Kampala. Ms Annet Nakawunde, the Managing Director of Finance Trust Bank said the UGX 23 billion is an open fund targeting women across…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Fill the infrastructure gap to unlock inclusive growth

by CEO East Africa MagazineThought LeadershipAugust 14, 2024August 14, 2024

The 2024/2025 financial year is here and the Government’s fiscal strategy aims at attaining inclusive economic growth, while maintaining a stable macroeconomic environment and preserving debt sustainability; it will require sh72 trillion.As an infrastructure financing enthusiast, I am happy with the Government’s goal of achieving fiscal strategy through continued investment…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Uganda’s 2024 economic prospects brighter, on the back of oil and tourism, the World Bank says

by Muhereza KyamuteteraGlobal News News & Analysis The Big StoryJanuary 11, 2024January 11, 2024

The World Bank has, in its latest forecast, painted Uganda’s economic prospects for 2024 as much brighter compared to her neighbours in the Sub-Saharan Africa region.The World Bank published its ‘Global Economic Prospects Report’ on 8th January showing Uganda’s growth is projected to strengthen between 5.4 percent in 2024 and…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Belli Advisory trains SME’s in renewable energy sector on strategic planning

by CEO ReporterNews & AnalysisNovember 6, 2023November 6, 2023

In an effort to boost Uganda’s renewable energy sector, key stakeholders met at the “Renewable Energy Business Accelerator Dialogue,” to address critical issues surrounding Small and Medium Enterprises (SMEs) in the renewable energy industry.The initiative, organized by Belli Advisory and supported by GIZ Energizing Development (EnDev) Uganda, enabled beneficiary companies…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Uganda Received USD 1.3bn in Remittances from its Diaspora in 2022 According to the World Bank.

by Jonathan N. LubwamaAfrica East Africa Finance Fintechs Global News Industry & Analysis News & Analysis StartupsSeptember 28, 2023September 28, 2023

In 2022, Uganda received USD 1.3bn in remittances from its diaspora community according to a World Bank and KNOMAD report. This would account for about 4.5% of Uganda’s GDP and make Uganda the 8th biggest recipient of remittances below Sudan and DRC, but ahead of Mali and South Africa. In general,…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?

Uganda Shilling drops more than UGX130 in 2 days after World Bank reacts to Anti-Homosexuality Act

by Muhereza KyamuteteraIndustry & Analysis The Big StoryAugust 10, 2023August 10, 2023

As Uganda comes to terms with the suspension by the World Bank of any future lending to the country over its recent passing of the Anti-Homosexuality Act (AHA) and what that could mean to a number of Bank-funded infrastructure and social service projects, another victim of the expected international pushback…

Unlimited access to all news we offer, subscribe now and enjoy one day of reading for free.

or, are you an existing Member?