Business

As one of the implementing Financial Institutions of this project, dfcu Bank enters into GROW with the legacy of supporting women entrepreneurs throughout our exixtence in Uganda.

A moment of camaraderie between the Vice President of Uganda, Maj. (Rtd) Jessica Alupo and Charles Mudiwa, dfcu Bank’s CEO, following a meeting to strengthen partnerships and align on key initiatives

Business Growth Loans are designed for SMEs that are looking to expand their operations and these loans are tailored to businesses that need more substantial financial backing to scale their operations, purchase inventory, or upgrade equipment while Commercial Loans offer medium- to long-term financing for larger businesses looking to invest in new projects, enter new markets, or grow their product lines. These loans are ideal for enterprises with a proven track record and a clear growth strategy.

The platform caters to businesses of all sizes – from large corporates to micro, small, and medium enterprises (MSMEs)across various sectors, including banking and finance, e-commerce, FinTech, telco, retail, entertainment, healthcare, education, technology, manufacturing, agribusiness, hospitality, and tourism among others.

So, who is Daniel? Well, Ahikirizye Daniel is a trader, entrepreneur, and self-made millionaire, born on the 7th of January, 2001.

The GROW Loan is designed specifically for women in business who are looking to expand and strengthen their enterprises. The initiative addresses the unique challenges faced by women entrepreneurs, offering them not just financial assistance but also the mentorship and business development training necessary for long-term success.

Baraka Cyrus is an expert in forex trading. He is a trader and mentor at Forex Bulls Academy part of a team that helps guide aspiring traders.

Rich Communication Services (RCS) is poised to revolutionise messaging across Africa, with key markets such as Kenya, Tanzania, and Uganda expected to witness a dramatic surge in usage. According to a new whitepaper commissioned by global communications platform Infobip, RCS traffic in Africa and the Middle East is forecasted to grow by over 1300%, climbing from 545 million messages today to a staggering 8 billion by 2029.

Through the Agribusiness Development Center (ADC), dfcu Bank has so far trained more than 800 enterprises and linked over 3,000 smallholder farmers to financiers with $17.2 Million worth of credit linkages

In this interview, we learn about dfcu Bank’s latest promotion that allows customers to pay their utility bills at no cost. Dubbed ‘Rates Paka Chini’, this initiative aims to ease customer expenses and support the local economy by encouraging seamless payment processes. Annette Kiconco, the Chief Retail Banking Officer at dfcu Bank, talks about more about the promotion in this interview