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However, until now, these companies operated independently from the financial sector regulations, which means that they rely on the customer data that they have at their disposal for making consumer-financing decisions, which can lead to high portfolio risks. Currently, there is no structured way of sharing data; therefore, customer credit data produced by the OGS companies will not be made available to other stakeholders.

With a special focus on Uganda, Energising Development (EnDev) and the GIZ Sector Project ‘Financial Systems Development’ (SV-FSE) assessed the opportunities and risks that could arise for customers, energy firms and others from linking energy companies to a formal Credit Reference System. The project partners emphasized the need to create a sound financial sector enabling environment. The paper can be downloaded from the following link.