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Small Businesses Get Sh70 Billion From Euro Bank.
Byline: Catherine Bekunda
SMALL medium enterprises (SMEs) can now access credit at low interest rates for longer periods.
This follows a boost of 30 million Euros (about sh70b) by the European Investment Bank to Uganda's private sector for economic development.
"The funds will be used to facilitate private enterprises in agro-industry, fishing, mining and quarrying, construction, food processing, manufacturing, tourism, health and education sectors," said Carmelo Cocuzza, the bank's head of regional representation in East and Central Africa.
He made the disclosure while officiating at a workshop organised by the Euro bank at Sheraton Hotel …
