Development Financing Archives

Zemedeneh Negatu, Chairman of the Washington, DC-based capital investment fund, Fairfax Africa Fund, LLC (Left) hands over an award for Best Regional Bank - East Africa to Equity Bank Kenya Head of Women and Youth Banking, Dr. Silpah Owich (Right) at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. Equity Bank was named Best Regional Bank in East Africa at the 2025 African Banker Awards, highlighting the Bank’s significant role in deepening financial inclusion, empowering communities, and promoting sustainable economic development across East Africa.

Equity Bank crowned Best Regional Bank in East Africa at the African Banker Awards 2025

Equity Bank has been named Best Regional Bank in East Africa at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. This prestigious award highlights the Bank’s significant role in deepening

July 16, 2025

Company News·News & Analysis

The Minister of State for Bunyoro Affairs, Hon. Jenepher Namuyangu (3rd R), The State Minister for Public Service. Hon. Grace Mary Mugasa (3rd L), Joshua Mwesigwa (2nd L), the UDB Director of Strategy & Corporate Affairs who represented The UDB Managing Director - Patricia Ojangole, The proprietor of Bwendero Dairy Farm, Magara John (2nd R) and other officials during the UDB Annual Press Briefing where the bank announced excellent results for 2022 reflecting strong investment in various businesses across the country. The event was held today (10th Feb, 2023) at Bwendero Dairy Farm in Hoima District.

UDB TO THE RESCUE: Government-owned development finance leader reports 52% growth in the lending portfolio for 2022

At a time when post-Covid-19 private sector credit growth remains constrained with mild growth in a select few sectors, Uganda Development Bank (UDB) has reported a 52% gross loan portfolio growth from

February 11, 2023

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