DFCU, Sawa Energy Partner to Help Businesses Cut Power Costs

What the report says

DFCU Bank has announced a partnership with Sawa Energy aimed at helping businesses lower electricity expenses by adopting solar power under an energy-as-a-service model. According to Nile Post, the arrangement is designed to reduce the need for large upfront spending, so companies can access solar systems while preserving working capital for day-to-day operations.

The bank said the model is intended to offer immediate cost relief once installations are completed. DFCU executives described rising power bills as a major burden for businesses, especially those with high operating costs. The partnership also gives clients options to lease the equipment or buy it, depending on their needs.

Sawa Energy said it will install and manage solar systems for eligible customers over periods of 10 to 25 years. The company said the service will include maintenance and repair support, with systems backed by long warranties. It said the offer is particularly suited to firms such as manufacturers and hospitals, which typically need steady power supplies.

More broadly, the deal fits into a wider shift among businesses in Uganda and the region toward cleaner energy and lower operating costs. As a general context note, energy-as-a-service models are increasingly being used in markets where upfront capital remains a barrier to solar adoption. The companies said the partnership is meant to help businesses improve profitability while easing pressure on cash flow.