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When you first meet Lynette Akol, her calm demeanor does not immediately reveal the fiery entrepreneurial drive beneath. But once she starts talking about Krystal Ice Limited, her voice comes…
In a landscape where many women battle cultural barriers, limited access to capital, and systemic challenges, some rise—not just for themselves, but for entire communities. One such woman is Nakanwagi…
In Uganda’s evolving entrepreneurial landscape, where the promise of entrepreneurship often ends at the gates of gender inequality, dfcu Bank is quietly building a new gateway—one designed not just for access, but for ascent. Through its Women in Business (WiB) program, the Bank is betting big on a simple but profound idea: unlocking the potential of women entrepreneurs isn’t just good ethics—it’s sound economics. Uganda continues to grapple with structural constraints that stifle small businesses – credit bottlenecks, limited market access, and a large informal economy. Thus, the vision behind the dfcu Women in Business Program is both timely and…
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Dfcu Limited, the holding company for dfcu Bank, last week released its 2022 results reporting that net profit grew by 217% from UGX9.3 billion in 2021 to UGX29.5 billion in 2022, underpinned by a 6% growth in deposits from UGX2.3 trillion in 2021 to UGX2.4 trillion in 2022. The bank also reported that while lending declined by 9.7% from UGX1.51 trillion to UGX1.36 trillion, the number of borrowing customers increased by 15 per cent. The bank said it is repositioning to “provide its customers with innovative solutions” and to “make a difference in the communities”. The bank also said it,…
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