uganda development bank
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Opinions & Commentary
Digital infrastructure, energy access and financing
KAMPALA, November 19, 2025 –Ebrima N Ceesay, Vice President of Platform Automation and Data Science at MasterCard, told theCooperator News that Africa’s industrial development hinges on continental investment in digital infrastructure and…
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News
UDB invests Shs 95 billion in Lango to boost regional economic growth
LIRA CITY, November 12, 2025 — The Uganda Development Bank [ UDB ] has invested more than Shs 95 billion in 30 key projects across the Lango Sub-region as part of efforts…
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News
Landmark US$ 30mln disbursement to UDBL to boost economic growth
KAMPALA, October 3, 2025 — The Islamic Corporation for the Development of the Private Sector [ICD], a member of the Islamic Development Bank [IsDB] Group, has successfully disbursed a US$ 30 million…
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News
Uganda Development Finance Summit 2025 kicks off with insightful discussions on Africa’s economic future
KAMPALA, September 2, 2025 – The inaugural Uganda Development Finance Summit 2025 officially began, yesterday setting the stage for dynamic discussions, networking, and innovative solutions to Africa’s pressing economic challenges. Organised by…
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News
UDB hosts landmark summit to redefine Africa’s development finance architecture
KAMPALA, August 1, 2025 – With Africa at a pivotal moment in its economic evolution, the Uganda Development Bank [UDB] is stepping forward to host a high-level gathering of African and global…
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News
Uganda to host landmark Development Finance Summit to Reshape Africa’s Economic Future
KAMPALA, July 4, 2025 – – The Uganda Development Bank [UDB] will host the inaugural Uganda Development Finance Summit 2025, a transformative gathering aimed at redefining Africa’s economic trajectory through an innovative…
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News
Construction of another modern market in Mbarara City set to begin next month
MBARARA CITY, June 29, 2025 – Landlords under their umbrella of The Mbarara Makhan Singh Market Landlords’ Association Limited [MMMLA] has given vendors until July 25, 2025 to vacate the premises of…
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News
UDB reports net profit of Shs 57.8 billion as total assets grow by 7 percent in 2024
KAMPALA, June 20, 2025 –– Uganda Development Bank Ltd [ UDB ] has reported a net profit after tax of Shs 57.8 billion for the year ended December 31, 2024, representing a…
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News
Gov’t considers issuing corporate bonds to fund state-owned enterprises
KAMPALA, May 13, 2025 –– Government is exploring plans to issue corporate bonds in the upcoming financial year as a strategy to raise capital for state-owned enterprises, and to rejuvenate the country’s…
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News
UDB, MD Patricia Ojangole nominated for African Banker Awards 2025
KAMPALA, April 30, 2025 –– African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director…
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