Kampala, Uganda | Julius Businge | Uganda is set to host the first-ever Uganda Development Finance Summit from September 1 to 2, 2025, at the Speke Resort Convention Centre in Kampala. Organized by the Uganda Development Bank (UDB), the high-level summit will take place under the theme “Transforming Africa through National …
Read More »UDB’s Ojangole named Africa Banker of the Year
Dr. Ojangole is the first Ugandan to receive this Award. Second woman to be named Banker of the Year Abidjan, Côte d’Ivoire | THE INDEPENDENT | Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB)has been named Banker of the Year at the prestigious African Banker Awards. Dr. …
Read More »Empowering women to unlock the potential that lies in the critical sectors of Uganda’s economy
OPINION | Patricia Ojangole | Women are critical to achieving economic growth and alleviating poverty considering they dominate a vital sector of Uganda’s economy – agriculture. The latest census figures indicate that out of Uganda’s total population of 45.9 million, 24.3 million are female, representing 53%. Despite this demographic advantage, findings …
Read More »UDB-funded medical supplies company dispatches its first consignment of HIV and Malaria testing kits
The investment from Uganda Development Bank supported MHS in acquiring capital-intensive equipment and purchase of raw materials. Kampala, Uganda | THE INDEPENDENT | Microhaem Scientific (MHS), a Ugandan medical supplies company funded by the Uganda Development Bank (UDB), has dispatched its first consignment of locally manufactured diagnostic kits to the …
Read More »UDB’s Patricia Ojangole wins Global Award for leadership in Sustainability
The Bank was also granted the Sustainability Certification for adapting the Sustainability Standards Certfication Initiative Version 2.0, at level 5 which is the highest level under the initiative Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank's Managing Director, Patricia Ojangole, has, for the fourth year running, won the Sustainability …
Read More »Uganda Development Bank hosts high-level meeting on climate finance at COP 29
Baku, Azerbaijan | THE INDEPENDENT | The Uganda Development Bank (UDB) yesterday (November 15) convened a high-level meeting with key stakeholders on the sidelines of the 29th Conference of the Parties (COP 29) to foster partnerships aimed at mitigating climate change in Africa and integrating climate considerations into development …
Read More »UDB in joint partnership with top institutions to train women, youth entrepreneurs
Kampala, Uganda | THE INDEPENDENT | 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, good governance, record keeping, and …
Read More »UDB: Approved loans to create 18,500 jobs
Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank reports that its total outstanding loan portfolio to Ugandan enterprises rose by 24 per cent to 1.6 trillion Shillings in 2023. The total loan disbursements in the year increased by 21 per cent. Over the period, some 691 billion Shillings was approved for …
Read More »UDB’s Patricia Ojangole wins sustainability award
Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s Managing Director, Patricia Ojangole has for the third year running won the Sustainability Leader of the Year Award at the prestigious Annual Karlsruhe Sustainable Finance Awards. The recognition is given to individuals or institutions that demonstrate commitment to creating value for all …
Read More »UDB’s Patricia Ojangole wins prestigious Global Leadership Award
Ojangole receives the Award for the third time in a row. Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s Managing Director, Patricia Ojangole has for the third year running won the Sustainability Leader of the Year Award at the prestigious Annual Karlsruhe Sustainable Finance Awards. The recognition is given …
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