Kamapala, Uganda | THE INDEPENDENT | The Housing Finance Bank (HFB) of Uganda and EIB Global on Thursday announced a partnership to avail over two hundred and twelve billion (€50 million) investment to support private sector entities, notably SMEs in Uganda. At least half of the investment to be allocated to …
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Kampala, Uganda | RONALD MUSOKE | The European Investment Bank (EIB), the world’s largest multilateral bank, and Afreximbank, the pan-African multilateral financial institution, have joined hands to finance healthcare and pharmaceutical manufacturing projects across sub-Saharan Africa in an attempt to strengthen health resilience on the continent. The new €200 million healthcare …
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European Investment Bank and FMO sign up to renewAfrica covenant Luxembourg, LUX | THE INDEPENDENT | In a continued effort to back the development of renewable energy on the African continent, the EIB and FMO on Wenesday committed to support the “renewAfrica” initiative, championed by RES4Africa. The renewAfrica Initiative is a …
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Kampala, Uganda | ISAAC KHISA | The European Investment Bank (EIB) has extended US$29.6million (€24million) loan to two local banks for financing small and medium sized firms in Rwanda. The bank signed the US$19million loan with the Development Bank of Rwanda and another one with I&M Bank of Rwanda at US$10milllion. …
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The Independent Uganda: You get the Truth we Pay the Price