• EIMA Delegation
    EIMA Delegation
    A Delegation of EAEA Members involved in Agribusiness at the Italian Embassy in Kampala. They were sent off by H.E. Domenico Fornara
  • EAC Intellectual Property Workshop
    EAC Intellectual Property Workshop
    Workshop to Validate the Draft Report for the EAC Regional Policy for Science Technology and Innovation and Intellectual Property on 24th-25th September 2018 at Kenya School of Monetary Studies, Nairobi, Kenya
  • Uganda-DRC Business Forum
    Uganda-DRC Business Forum
    The 7th Session of Uganda-DRC Joint Permanent Commission Senior officials meeting at Speke Resort Munyonyo, Meera conference hall. Strengthen cooperation between Uganda and DRC.
  • COMESA Competition Commission Training
    COMESA Competition Commission Training
    Sensitization And Training Of District Commercial Officers And Private Sector Umbrella Organizations On Competition Law And Practices At Ridar Hotel-Uganda 27th -28th September 2018
  • EAEA agri-business Members who attended the National Ploughing Championship, Dublin, Ireland 2018
  • Members of EAEA at a press meeting at the Irish Embassy in Kampala
  • A Delegation of EAEA Members at the Irish Embassy Kampala, before they set off to Ireland to attend the National Ploughing Championship
  • Ensuring that Entrepreneurs’ Interactions with national, regional & international organizations are mutually beneficial (Win-Win strategy).
  • Enhancing Skilled Human Capacity Development
  • We work to support the EAC economic, political, social and cultural integration
  • Promotion and development of markets both locally, regionally and internationally
  • Advocating for the rights of Entrepreneurs at all relevant national & regional fora, this includes but not be limited to: i) Government Ministries, departments and Authorities ii) Non-governmental organizations. iii) Councils and Municipalities iv) Any other relevant local, regional and international fora.
  • Encouraging the development of infrastructure (factory shells, incubation centers e.t.c) for the promotion of Entrepreneurs activities
Home / Business Opportunities / African Development Bank to fund SMEs

African Development Bank to fund SMEs

The African Development Bank (AfDB) has approved sh74.2b loan to the Uganda Development Bank Ltd to support Ugandan entrepreneurs, including small and medium businesses.

This loan is expected to benefit entrepreneurs involved in manufacturing and agro-processing. The money is for online lending and people will be allowed to borrow the money to import machinery and farm inputs and pay back later. This is one of the interventions by the government regarding the high interest rates being charged by commercial banks in Uganda

AfDB said the financial support will enhance Uganda’s private sector development as businesses of beneficiaries and revenues grow, with the associated positive impact on the Government’s tax income

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