Uganda: British CDC Group divests full stake in DFCU Bank

Uganda: British CDC Group divests full stake in DFCU Bank

Uganda: British CDC Group divests full stake in DFCU Bank

British CDC Group agreed to sell the 9.97% interest it holds in Ugandan commercial bank Development Finance Company of Uganda (DFCU) for an undisclosed amount. The British institution that has been investing in DFCU since 1964, when the Ugandan bank was established, sold its shares to the Danish financial institution Investment Fund for Developing Countries (IFU).

For more information, please see https://www.ecofinagency.com/finance/2012-40781-uganda-british-cdc-group-divests-full-stake-in-dfcu-bank

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