uganda development bank
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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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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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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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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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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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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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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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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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UDB bosses quizzed over loan distribution
KAMPALA, February 11, 2025 –– Members of Parliament on the Committee of National Economy are concerned about distribution of the Uganda Development Bank [UDB] financing as the government seeks loans totalling US$…
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Afreximbank and UDB sign project preparation financing agreement
NASSAU, August 13, 2024 – African Export-Import Bank [ Afreximbank ] and the government-owned Uganda Development Bank [UDB] have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory…
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