uganda development bank
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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
Musasizi urges EPRC to produce evidence-based research to support Uganda’s tenfold growth agenda
KAMPALA, July 28, 2026 — Finance Minister Henry Musasizi has tasked the Economic Policy Research Centre [ EPRC ] to focus on generating evidence-based economic policy research and analysis to support Uganda’s…
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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
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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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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