Uganda’s agriculture sector, both agro-industry and primary agriculture as well as manufacturing have emerged as the leaders in performance of the products offered by the Uganda Development Bank (UDB) according to a statement issued recently. The Bank released a mid-year update covering the period July-2020-July 2021. In total UDB approved loans worth UGX 649Billion in the reporting period. A total of UGX 362 Billion was disbursed according to the Bank. “The reporting period significantly covers economic activity during the on-going COVID19 national emergency including two lockdowns in 2020 and in 2021 during which government policy focused on import substitution and…
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