UDB
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Finance & Banking
UDB-financed enterprises generate Shs 6.26 trillion in output, create over 69,000 jobs
KAMPALA, September 7, 2026 — Enterprises financed by the Uganda Development Bank [UDB] generated Shs 6.26 trillion in annual economic output and created or sustained 69,202 jobs in 2025, according to the…
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Finance & Banking
UDB agricultural loan portfolio rises to Shs 620bln, coops among major beneficiaries
KAMPALA, August 26, 2026 — Uganda Development Bank [UDB] has increased its agricultural financing portfolio to approximately Shs 620 billion, representing 33 percent of its total loan portfolio of Shs1.9 trillion. UDB…
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Finance & Banking
UDB board approves Shs 63bln in recapitalisation as 2025 profit jumps 9.7 percent
KAMPALA, August 17, 2026 — The Uganda Development Bank [UDB] board has approved Shs 63 billion in recapitalisation following the disbursement of at least Shs 502.2bln to facilitate private sector growth. The…
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News
Lango hoteliers urged to form association for easy access to UDB funds
LIRA CITY, August 13, 2026 — Legislators under the Lango Parliamentary Group [LPG] have urged hotel owners in the Lango Sub-region to form an association to make it easier for them to…
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Finance & Banking
UDB urged to prioritise funding for country’s key growth sectors
KAMPALA, July 8, 2026 — Finance Minister Henry Musasizi has directed the Uganda Development Bank [UDB] to prioritise financing for the country’s key growth sectors, saying the institution’s interventions should support the…
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News
Gov’t injects Shs 11 trillion in wealth-creation programmes-Finance Minister
KAMPALA, June 11, 2026 — The Ugandan Government has so far invested close to Shs 11 trillion in wealth-creation programmes, according to Henry Musasizi, the Minister of Finance, Planning and Economic Development.…
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News
UDB opens Mbale regional office to boost access to finance in Eastern Uganda
MBALE CITY, March 31, 2026 — The Uganda Development Bank [ UDB ] has officially opened its Eastern Regional Office in Mbale City, a move aimed at bringing development financing services closer…
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News
AFD–UDB partnership unlocks Shs 169bln to accelerate Uganda’s development agenda
KAMPALA, February 26, 2026 — Uganda’s economic growth has received a significant boost following the signing of a €40 million [approximately Shs 169 billion] financing agreement between the Agence Française de Développement…
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News
Gov’t to further capitalise UDB for socio-economic transformation-Nabbanja
KAMPALA, February 2, 2026 — Prime Minister Robinah Nabbanja has reaffirmed government’s commitment to strengthening the capital base of the Uganda Development Bank [UDB] to enable the Bank to more effectively deliver…
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News
UDB graduates first Mbarara cohort of investor-ready SMEs
MBARARA CITY, December 22, 2025 – Uganda Development Bank Ltd [UDB] has successfully graduated its first cohort of small and medium enterprises [SMEs] in Mbarara district, marking a significant milestone in its…
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