SME financing Uganda

#CEOOfTheWeek: Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, speaks during the 2025 financial results release at Sheraton Hotel, Kampala—highlighting a breakout year in lending, with credit growth accelerating to 16.4%, up sharply from the 3–4% growth recorded in the previous years.

#CEOOfTheWeek: Mumba Kalifungwa — Unlocking Stanbic’s Lending Power to Drive Uganda’s Growth

When Mumba Kalifungwa stepped into the role of Chief Executive Officer at Stanbic Bank Uganda in March 2025, he inherited not just the country’s largest bank by assets, but a balance sheet
FMO Co-Chief Investment Officer Huib-Jan de Ruijter (left) and I&M Bank Uganda CEO Robin Bairstow sign the Memorandum of Understanding following the announcement of a USD 20 million financing partnership. Standing behind them (left–right) are Natalie den Breugom, Deputy Director for Sustainable Economic Development at the Dutch Ministry of Foreign Affairs; Faith Kathambi, Investment Officer – Financial Institutions at FMO; René Idzenga, Head of State-Owned Enterprises at the Dutch Ministry of Finance; and Nadia Mindra, Head of Treasury at I&M Bank Uganda.
FMO Co-Chief Investment Officer Huib-Jan de Ruijter (left) and I&M Bank Uganda CEO Robin Bairstow sign the Memorandum of Understanding following the announcement of a USD 20 million financing partnership. Standing behind them (left–right) are Natalie den Breugom, Deputy Director for Sustainable Economic Development at the Dutch Ministry of Foreign Affairs; Faith Kathambi, Investment Officer – Financial Institutions at FMO; René Idzenga, Head of State-Owned Enterprises at the Dutch Ministry of Finance; and Nadia Mindra, Head of Treasury at I&M Bank Uganda.

Dutch Development Bank FMO Extends USD 20 Million Facility to I&M Bank Uganda to Boost SME Financing

Financing Company for Development (FMO), the Dutch Entrepreneurial Development Bank, has extended a USD 20 million senior unsecured facility to I&M Bank (Uganda) Limited to support lending to small and medium-sized enterprises
Catherine Psomgen, Director of Public Sector and Social Investment at Equity Bank speaking during the Modern Energy Cooking Services Trust Fund Infosession.

Equity Bank Launches Affordable Financing for Electric Cooking In Uganda

Equity Bank Uganda in partnership with UKAID and the Ministry of Energy has today launched affordable financing for eCooking products and technologies in Uganda. Dubbed the Modern Energy Cooking Services (MECS) Trust
L-R: Giles Germany Aijukwe the Chief Executive Officer Letshego, Richard Yego the Managing Director MTN Momo and Charles Mudiwa the Chief Executive Officer for dfcu Bank hold hands to cheer and usher in the tripple partnership during the launch on Monday 1st December 2025 at Protea Hotel Kololo.

dfcu Bank, MTN MoMo and Letshego Launch Instant Loans for MoMo Agents

MTN MoMo Uganda, in partnership with dfcu Bank and Letshego Uganda, has launched two new digital loan products aimed at giving more than 250,000 mobile money agents instant access to working capital.
December 3, 2025
The Governor of the Bank of Uganda, Dr. Michael Atingi-Ego (2nd L), handing the Pearl Bank operating license to Julius Kakeeto, Managing Director of Pearl Bank Uganda (2nd R). Looking on are Priscilla Akora, Head of Marketing and Communications at Pearl Bank Uganda (R), and Moses Kalyango, Executive Director of Supervision at the Bank of Uganda (L). The handover was held yesterday, 24th November 2025, at the Bank of Uganda Offices, a symbolic phase in the Bank's rebrand journey, signifying its official crossover or transition from PostBank to its current name, Pearl Bank Uganda Limited.

Bank of Uganda Grants Operating License to Pearl Bank

The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business under its
Stanbic Bank Uganda senior leadership portraits featuring executives alongside key messages from the Keep Growing campaign, highlighting the bank’s commitment to financial inclusion, national development, and household prosperity.
Left–Right: Stanbic Bank Uganda’s senior leadership team — Tunde Thorpe, Catherine A. Poran, Paul Bitature Muganwa, Chief Executive Mumba Kalifungwa, Samuel Fredrick Mwogeza, Tichaona Makonese, and Grace Semakula — have each committed to leveraging their respective portfolios to power Uganda’s economic growth under the new Keep Growing campaign. The 18-month campaign reaffirms Stanbic’s renewed commitment to driving Uganda’s progress, expanding access to finance for women, youth, and farmers, and anchoring national development at a time when the wider banking sector is tightening credit.

Why Stanbic Bank’s Keep Growing Campaign Matters Now—As Uganda Faces Rising Credit Demand Amidst Sector Tightening

Stanbic Bank Uganda has launched a powerful new brand campaign—Keep Growing—positioned as both a celebration of Uganda’s resilience and a reaffirmation of the bank’s role in powering the nation’s long-term progress. Running
November 18, 2025
William Kayongo, Head of Enterprise Banking at dfcu Bank, explains how the SME Mobi Loan is unlocking real opportunities for Uganda’s entrepreneurs. From flexible, unsecured credit via *240# to deeper client relationships, Kayongo reveals how dfcu is turning data and trust into transformation for small businesses.
William Kayongo, Head of Enterprise Banking at dfcu Bank, unpacks how the SME Mobi Loan is transforming access to finance for Uganda’s small business owners — offering flexible, unsecured credit through *240#, and opening the door to deeper, long-term partnerships that grow with the entrepreneur.

Small Loans, Big Impact: How dfcu Bank’s Mobi Loan is Transforming Lives and Businesses

From market traders and Mama Mbogas to digital influencers and small contractors, Kayongo shares how the product is more than just a loan—it’s an invitation to a bigger relationship. He explains how
August 7, 2025

 

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