Uganda Development Bank Secures $30 Million Islamic Finance Facility for SMEs
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, announced on October 2 it disbursed $30 million to Uganda Development Bank Limited (UDB). The state-owned development finance institution will channel the funds toward small and medium enterprises (SMEs).
Source: Ecofin Agency (link opens in a new window)
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- Agriculture, Education, Energy, Health Care, Investing
