UDB Expands Footprint with Mbale Office to Unlock Eastern Uganda’s Economic Potential
Uganda Development Bank (UDB) has intensified its push to drive inclusive economic growth with the launch of a new regional office in Mbale City, signaling a strategic shift toward bringing development financing closer to businesses in Eastern Uganda. The newly opened office, located on Masaba Road, is expected to serve
AFD–UDB Partnership Unlocks €40 Million for Uganda’s Economic Growth
Uganda’s development ambitions have received a significant strategic boost following the signing of a €40 million financing agreement between the Agence Française de Développement (AFD) and the Uganda Development Bank (UDB). More than a funding arrangement, the partnership signals deepening confidence in UDB’s expanding role as a catalyst for inclusive
UDB Wins Global Sustainability Award
Uganda Development Bank (UDB) has won the Outstanding Business Sustainability Achievement Award in the Karlsruhe Sustainable Finance Award 2025 at this year’s Global Sustainable Finance Conference in Germany. Dr. Patricia Ojangole, Managing Director, Uganda Development Bank, received the award on Thursday September 25 during the Global Sustainable Finance Conference which ran from
Uganda Development Bank to Host Inaugural Summit on Africa’s Development Finance
Uganda Development Bank (UDB) is gearing up to host a first-of-its-kind event that could reshape the trajectory of Africa’s development finance landscape. From September 1–2, 2025, the inaugural Uganda Development Finance Summit will take place at the Speke Resort Convention Centre, drawing more than 400 influential voices from across the
UDB’s Ojangole named Africa Banker of the Year
Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB)has been named Banker of the Year at the prestigious African Banker Awards. Dr. Ojangole was announced at the 19th African Banker Awards ceremony, held Wednesday at Sofitel Hotel in Abidjan, Côte d’Ivoire, during the African Development Bank Annual Meetings. The
UDB’s Dr. Ojangole Appointed Chair of Africa’s Development Finance Body
Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB), has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI)—the umbrella body for development finance institutions across the continent. Her appointment was officially announced during the 51st Ordinary General Assembly of AADFI, held on May 26, 2025,
