DFCU Rolls Out Skilling Program for Local Participation in Oil and Gas

Some of the individuals that took part in the training

At least 100 business leaders 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.

Thirty (30) medical practitioners, under their Umbrella body – the Uganda Private Medical Practitioners Association, attended the session held at the DFCU Towers on Thursday morning.

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.

Speaking at the workshop, the DFCU Executive Director & Chief Commercial Officer, William Sekabembe underscored DFCU’s aptness at supporting the local content agenda through an Accelerator programme providing 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,” Sekabembe said.

According to Harriet Kiwanuka, the Head Oil & Gas sector at the bank, DFCU has a suite of bespoke 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 intended to provide an enabling environment for local content service providers to enhance their operational capacity and access to financing.

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