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UDB releases impressive Q3 results: 33,060 jobs created as investment portfolio...

Uganda Development Bank Ltd (UDB), has released its Quarter Three (Q3) of 2022 results highlighting solid growth as the Bank continues to facilitate economic...

BADEA extends $20m to UDB for private sector development

The Arab Bank for Economic Development in Africa (BADEA) has approved a USD20 Million funding line to Uganda Development Bank Ltd (UDB), aimed at...

Fraud, insider dealing at Uganda Development Bank: 900m disappears just like...

In what could be described as a syndicated fraudulent scheme, a shrewd Ugandan armed with forged documents, perhaps with the help of Uganda Development...

UDB graduates 1st batch of development finance professionals; retains successful candidates

After a one year long training, the first batch of the Uganda Development Bank Ltd (UDB), Graduate Apprenticeship Program (GAP) came to an end....

How the budget relief funds will support business recovery in Uganda

Over the past four years, Uganda has battled several economic shocks including the locust invasion, drought, Covid-19 pandemic, and the current geopolitical tensions between...

Uganda Development Bank investments created & maintained 41,338 jobs

Uganda Development Bank, the country’s National Development Finance Institution, has released its 2021 Direct Impact Report highlighting the fundamental role that the Bank continues...

Uganda Development Bank puts aside 75bn to revive the Tourism industry...

By Ronald Wandera To curb the spread of Covid-19 pandemic, the government of Uganda imposed stringent mitigation and containment measures including travel restriction and total...

Tourism: UDB, EU announce 62bn Loan facility; with a low...

Uganda Development Bank Ltd (UDBL), in partnership with the European Union, has announced a special call for eligible businesses in the tourism sector to...

Climate change effects already seen in the cost of food; prices...

By Pius Wamala War can be avoided. Technology is about human innovation and ingenuity. However, in speaking about the availability of wheat for bread today,...

Uganda Development Bank: we have a huge ambition of mobilizing...

By Pius Wamala Alongside social inequalities, environmental degradation, and economic stress, the World Economic Forum presents climate change as one of the greatest threats to...
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