PostBank partners with Government to boost food security by financing large-scale farmers

PostBank Uganda has been selected to provide interest-free loans to large-scale commercial farmers under a new government financing scheme aimed at enhancing food security and addressing supply chain challenges. The scheme, which is part of the government’s efforts to promote agro-industrialization and support the 10-fold growth strategy, will provide timely, affordable, and accessible financial resources to farmers. Speaking at the launch, PostBank Uganda’s Managing Director Julius Kakeeto emphasized the importance of financing large-scale farmers. “We are thrilled about the government’s initiative, which we believe will address two major challenges: food security and supply chain constraints,” said Mr. Kakeeto. “This initiative…