KAMPALA, UGANDA | THE INDEPENDENT | Agriculture remains the cornerstone of Uganda’s economy, employing 64% of the population and contributing up to 50% of the country’s export earnings. Despite its importance, many smallholder farmers face significant challenges in accessing affordable credit. Traditional financial institutions typically require collateral that rural farmers …
Read More »Green Challenge Fund: aBi unveils Shs 7.5bn
Kampala, Uganda | THE INDEPENDENT | Agriculture Business Initiative (aBi) has rolled-out a Green Challenge Fund to support SMEs and farmers to increase their resilience to climate change including soils, ecosystems and bio-diversity. The Fund seeks to contribute to achieve the global target of limiting global temperature rise to well below …
Read More »Agriculture tops Uganda’s January loan portfolio
Kampala, Uganda | THE INDEPENDENT | Agriculture might be finally catching financiers’ eye, with money disbursed to farmers topping all other sectors in January, according to official figures. Statistics from the Finance and Economic Development Ministry show that agriculture received 28% (Sh 283bn) of all loans disbursed in January up …
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