Industry

dfcu Bank rolls out Skilling Programme to Support Oil & Gas Local Content Agenda

BY SAMUEL NABWIISO

KAMPALA, UGANDA- At least 100 business leaders from across different sectors will benefit from dfcu Bank’s Oil and Gas local content skilling and sensitization program every month.

As part of the Business Accelerator Program, dfcu has planned a series of workshops targeting multiple sectors that can potentially take up opportunities in the Oil and Gas sector.

William Sekabembe , the dfcu Executive Director & Chief Commercial Officer underscored their aptness at supporting the local content agenda through an Accelerator programme that provides skills and training as well as provision of financial solutions.

“We have taken deliberate steps to form partnerships that give us access to cheap funds making it possible for us to extend long term financing at favorable rates,” said Sekabembe.

According to Harriet Kiwanuka, the Head Oil & Gas sector at dfcu, the Bank has a suite of be spoke financing solutions for local suppliers in the Oil & Gas Sector.

“We have developed innovative and flexible financial solutions to ensure that financing is made available on terms which meet the requirements of both local content services providers and the Bank” She said.

The workshops are aimed at providing an enabling environment for local content service providers to enhance their operational capacity and access to financing.

Over Thirty (30) medical practitioners, under their Umbrella body – the Uganda Private Medical Practitioners Association, attended the first session that was held at the dfcu Tower in Kampala.

They held extensive discussions on a range of issues including health, safety and environment; opportunities and standards in medical services, legal and regulatory framework in the Oil and Gas sector and access to finance.