On Tuesday 6 March, the European Investment Bank (EIB) and Uganda’s Centenary Rural Development Bank (‘CERUDEB’) announced a €100 million loan for private sector businesses in Uganda. The investment partnership was signed at the third Uganda-EU Business Forum, taking place in Kampala from Tuesday 5 to Thursday 7 March.
According to the EIB, this loan marks a milestone, representing the largest microfinance investment ever made by the EU Bank to a country in the...