Part 1: The Institutions Shaping Uganda’s Industrial Future Uganda’s industrial ambition is no longer rhetorical. As the nation transitions into the National Development Plan IV (NDPIV) cycle, the vision of a transformed society is crystallising. Agro-processing zones are expanding, oil-linked…
The Uganda Development Bank (UDB), the nation’s premier development finance institution, has launched its new regional office in Hoima City, marking a strategic expansion aimed at deepening financial inclusion, fueling economic growth, and channeling critical investment into the agricultural sector.…
The Uganda Development Bank (UDB), the nation’s Development Finance Institution (DFI), is intensifying its efforts to secure essential resources for the country’s socio-economic transformation. This was highlighted this week by a high-level engagement with the OPEC Fund for International Development (OFID), which…
The Uganda Development Finance Summit (UDFS25), which was officially opened on Monday by President Yoweri Kaguta Museveni, has not only showcased Uganda’s bold ambitions but also amplified global voices demanding a seismic shift in how Africa finances its future. From…
The inaugural Uganda Development Finance Summit (UDFS25) opened this week at the Speke Convention Centre in Kampala with a mix of celebration, critique, and bold ambition. President Yoweri Museveni, in his trademark bluntness, praised the Uganda Development Bank (UDB) for…
The Uganda Development Bank (UDB), which is headed by Dr. Patricia Ojangole as Managing Director, has for decades been a cornerstone of the Ugandan government’s economic development agenda, but questions remain about its effectiveness in addressing key national bottlenecks. Ojangole,…
The financial landscape in East Africa is evolving at an unprecedented pace, driven by rapid technological advancements and the emergence of agile FinTech companies. As traditional banking institutions grapple with this dynamic environment, a crucial question arises: How can they…
Uganda’s economic transformation can only be achieved through sustainable development, according to Patricia Ojangole, Managing Director of the Uganda Development Bank Limited (UDBL). This statement emphasizes the crucial role sustainable development plays in driving economic growth while mitigating climate change.…
291 enterprises across the country are to benefit from the first phase of the Enterprise Development Program that commenced Tuesday, courtesy of Uganda Development Bank and other organisations. The program’s focus is on training in management best practices, debt management,…
Uganda Development Bank is set to lend slightly over Shs300bn in the coming six months to support businesses to overcome the current economic shocks, characterized by high commodity prices. The lender’s Chief Executive Officer, Patricia Ojangole, revealed on June.24 immediately…