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,
Gov’t to issue corporate bonds to fund state-owned enterprises
Government is exploring plans to issue corporate bonds in the upcoming financial year as a strategy to raise capital for state-owned enterprises, and to rejuvenate the country’s underperforming corporate bond market. The proposal, however, faces significant hurdles, chief among them being the lack of credit ratings for most state enterprises,
UDB, MD Ojangole listed for African Banker Awards 2025
African Banker magazine has announced the shortlist of nominees for this year’s edition of its annual African Banker Awards with Uganda Development Bank [UDB] and its Managing, Director Patricia Ojangole being nominated in the categories of African Banker of the Year and ‘SME Bank of the Year, respectively. The Cooperative Bank of Kenya
