UDB Archives - UG Standard

President Museveni disclosed that the merchandise exports increased significantly, growing by 54.9 percent from USD 4,194 million in the twelve months to October, 2022 to USD 6,497.9 million in the twelve months to October, 2023, largely driven by gold, coffee and maize exports.

Museveni: Uganda’s economic outlook is very optimistic

President Yoweri Kaguta Museveni has assured Ugandans that the country’s economy is continuing to expand despite the effects of climate change on...

UDB Managing Director, Patricia Ojangole (C), holding the accolade she won for the Sustainability Leader of the Year 2023 at the prestigious Annual Karlsruhe Sustainable Finance Awards in Germany together with UDB Chief Internal Auditor, Stephen Hamya (L), and UDB Company Secretary, Nakandi Sophie (R).

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Uganda to host African Development Finance Institutions for Fast-Tracking Sustainability Development across the Continent

The top leadership of Development Finance Institutions in Africa will convene in Uganda from the 23rd to the 24th of January 2024...

The State Minister For Northern Uganda, Hon. Grace Kwiyucwiny (2nd R), Woman MP Gulu City, Hon. Betty Aol Ocan, (1st R) Felix Okoboi, UDB Board Chair (2nd L), and UDB Managing Director, Patricia Ojangole during the grand opening of the UDB Northern Uganda Regional Office in Gulu City

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UDB launches new branch in Gulu City

GULU CITY —Uganda Development Bank (UDB) has launched its inaugural regional office situated in Gulu City aimed at serving Northern Uganda. Situated...

Patricia Ojangole (C) Managing Director, Uganda Development Bank, Elizabeth Muhebwa (L) Executive Director, Uganda National Association of Building and Civil Engineering Contractors, Eng. Andrew Muhwezi (R) President, Uganda Institute of Professional Engineers during a press conference where UGX 150 billion was earmarked for Ugandan Contractors to provide affordable and patient financing to aid contractor performance and growth. This was at the UDB Head office in Nakasero on 2nd October 2023.

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UDB earmarks UGX150 Billion for Ugandan Contractors

Uganda Development Bank, the country’s development finance institution, has today announced a UGX150 Billion financial commitment earmarked to provide affordable and patient...

Dr. Joseph Muvawala, the Executive Director National Planning Authority

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Govt lists roads to construct this financial year in Greater Kampala Area

KAMPALA — Government has earmarked up to UGX 2.3 trillion for road construction under the Greater Kampala Metropolitan Area (GKMA) urban development...

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UDB’s Patricia Ojangole Wins Prestigious Global Leadership Award

Uganda Development Bank’s Managing Director, Patricia Ojangole has for the third year running won the Sustainability Leader of the Year Award at...

Hon.Evelyn Anite,(4th L), State Minister of Finance for Investment and Privatization, Patricia Ojangole (3rd L), the Managing Director of Uganda Development Bank, Gerald Otim (3rd R), CEO at Ensibuuko, Richard Ndahiro (L) UNCDF Technical Advisor with other partners and Yumbe local leaders at the launch of a Fintech solution dubbed AgriConnect to ease access to digital financing for smallholder farmers in Uganda.

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UDB, FAO launch financial technology solution for smallholder farmers in Uganda

YUMBE – A new digital solution dubbed AgriConnect that is expected to ease access to finance by smallholder farmers across Uganda has...

Patricia Ojangole (L), Managing Director UDB the Vice President of Uganda H.E Maj. (RTD) Jessica Alupo at the graduation of UDB staff who underwent a one-week training in transformative leadership at the National Leadership Institute (NALI) - Kyankwanzi, together with Felix Okoboi (R) Chairman Board of Directors at UDB, and Hon. Matia Kasaijja(2nd R) Minister of Finance of Uganda, NALI, and UDB officials. The event was held yesterday (31st January 2023) in Kyankwanzi.

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Uganda Development Bank staff graduate in patriotic leadership

KAMPALA — The Staff of Uganda Development Bank (UBD) have graduated in transformative leadership from the National Leadership Institute (NALI) Kyankwanzi. The...

Ms. Patricia Ojangole, the Managing Director UDB (3rd L), the Minister of Energy and Mineral Development, Ruth Nankabirwa (C) with other officials at the launch of the Hybrid Electricity Customer Connection Credit Framework by UDB, Electricity Regulatory Authority (ERA) and the Ministry of Energy and Mineral Development

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How UDB’s UGX 148.5billion investment will bolster electricity access in Uganda

Uganda Development Bank (UDB), the country’s national development finance institution, has committed UGX 148.5 billion to enable 550,000 households to access electricity....