uganda development bank
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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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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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