MSMEs key to Uganda’s $500 billion economic ambition — Bagonza
Micro, Small and Medium Enterprises (MSMEs) will be central to Uganda’s ambition of growing its economy to $500 billion by 2040, the Permanent Secretary in the Ministry of Trade, Industry and Cooperatives, Lynette B. Bagonza, has said. Speaking at the Uganda Media Centre ahead of the International MSME Day 2026
UDB Graduates 32 SMEs in Mbarara, Equipping Entrepreneurs with Investor-Ready Skills
Uganda Development Bank Ltd (UDB) has graduated a new cohort of Small and Medium Enterprises (SMEs) in Mbarara District through its Enterprise Development Program (EDP), providing them with the skills and knowledge necessary to become investor-ready. Through business advisory services, UDB prepares and positions both startups and established businesses to
Centenary Bank pledges increased support for Ugandan SMEs
Centenary Bank Managing Director, Fabian Kasi, has reaffirmed the bank’s commitment to empowering Ugandan Small and Medium Enterprises [SMEs], emphasising that they are central to the country’s economic growth, job creation, and poverty reduction, particularly among women and youth. Kasi acknowledged that access to affordable financing continues to be a
dfcu Bank’s SME Mobi Loan: A Conversation with William Kayongo, Head of Enterprise Banking at dfcu.
Small and Medium Enterprises (SMEs) are the backbone of Uganda’s economy. They employ millions, drive innovation, and contribute significantly to national output. Yet, one challenge continues to hold them back: access to affordable, timely credit. Traditionally, securing a business loan in Uganda has meant navigating collateral requirements, paperwork, and long
