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Tag Archives: financing

UDB champions green financing in Africa

Domestic banks, pension funds and financial institutions play a critical role in mitigating these climate-related risks and providing partners with the tools to invest with confidence ANALYSIS | THE INDEPENDENT | State-owned development financing institution, Uganda Development Bank on Nov.15 convened a high-level meeting with key stakeholders on the sidelines of …

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Navigating automotive financing options: A comprehensive guide for prospective car buyers in Uganda

Kampala, Uganda | THE INDEPENDENT | Owning a car is a significant milestone for many Ugandans, providing convenience, freedom, and mobility. However, with the rising cost of vehicles, navigating the world of automotive financing becomes crucial for prospective car buyers in Uganda. Understanding the various financing products available and choosing …

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Millennials lead in car purchases on loan

Kampala, Uganda | ISAAC KHISA | Ugandan’s are now embracing use of loans to acquire cars of their choice as they strive for a convenient transport means. Faith Margaret Naikayu, the Commercial Manager at Autochek Uganda, a digital car financing marketplace in an interview spoke about the new trends in car …

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Afreximbank, EIB unveil €200m pharmaceutical financing scheme for sub-Saharan Africa

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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UN chief says $100 bln climate fund far from guaranteed

United Nations, United States | AFP | UN Secretary-General Antonio Guterres on Friday said a $100 billion annual fund to help developing countries tackle climate change was crucial to achieve the goals of the Paris climate deal. “We need to mobilize the agreed $100 billion annually for developing countries,” Guterres …

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