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In a rapidly evolving economy like Uganda’s, where agriculture remains both the backbone and the beating heart of livelihoods, dfcu Bank is redefining what it means to invest in transformation…
dfcu Foundation has officially launched the Financial Expansion for Agribusiness Transformation (FEAT) Program, a strategic initiative designed to strengthen Uganda’s agribusiness sector. The program targets smallholder farmers (SHFs) and agribusiness…
Since its establishment in 2018, the dfcu’s Agribusiness Development Centre (ADC) has been at the helm of transforming the landscape of agribusiness in Uganda by making sure that farmer organisations and individuals in agribusiness are self-sufficient. Through Agribusiness centre’s comprehensive business development programs, the centre has helped over 800 enterprises and 27,00 smallholder farms to increase their productivity, access to markets and also mitigate risks in their business. With its focus on gender and youth empowerment, the centre has produced remarkable results with an average of 50% trained youth and women going on to assume management positions. This has increased…
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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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