Uganda Development Bank Archives

Members of the inaugural advisory and governing boards of the CIO-CxO Digital Leadership Forum pose for a group photo following their official unveiling in Kampala. The newly appointed leadership, comprising top-tier executives from Uganda’s banking, telecommunications, and public sectors, is tasked with overseeing the forum’s strategic mission to bridge the national digital skills gap and foster a more integrated technology ecosystem over the next decade.

CIO-CxO Forum names leadership boards to bridge Uganda digital skills gap

The CIO-CxO Digital Leadership Forum has appointed its inaugural advisory and governing boards, selecting a group of regional technology executives to oversee a mission centered on closing the country’s digital skills gap.

April 25, 2026

The Big Story

Peter Mukuru, the new Uganda Development Bank Director, Business Technology.

Peter Mukuru has joined Uganda Development Bank as the Director Business Technology

Peter is a seasoned Business Technology practitioner and digital transformation leader with over two decades of executive leadership experience across Development Finance, Regulation, Government, Utilities, and the Private Sector. Most recently, he

February 18, 2026

Banking & Financial Services·Company News

The first panel of discussants, comprised of different experts, poses for a group photo shortly after their panel conversation.

How Banks, Policymakers, and SMEs Can Turn Climate Shocks into Investable Solutions

Uganda’s green finance conversation is evolving beyond pilot projects to focus on scaling real, investable solutions. This shift was evident at the Uganda Green Enterprise Finance Accelerator (UGEFA) Dialogue Forum, held under

October 30, 2025

Banking & Financial Services·Business & Markets

A photo collage of Samuel Edem-Maitum, UDB Credit Director, Finance Minister Matia Kasaija and Ndere Cultural Centre Executive Director, Dr. Stephen Rwangyezi.

UDB, Ministry of Finance to Meet Over Ndere’s UGX 10 Billion Loan

Uganda Development Bank (UDB) and Ministry of Finance will this week hold a meeting aimed at structuring a plan for the repayment of a UGX 10.5 billion loan due to Ndere Cultural

July 9, 2025

Banking & Financial Services·The Big Story

Stephen Rwangyezi (inset top left), founder of Ndere Troupe and the visionary behind Ndere Cultural Centre, now faces one of his greatest battles yet—saving the iconic institution from a looming foreclosure as government bailout efforts seem to be stalling.

Ndere Centre’s Troubles Far From Over, as Government Fails to Save It From A Looming Foreclosure, Despite Presidential Directives

The cultural jewel that is Ndere Centre, home of Uganda’s internationally acclaimed Ndere Troupe, is teetering on the brink of foreclosure, despite a Presidential directives aimed at rescuing it from a ballooning

July 5, 2025

Hospitality & Tourism·News & Analysis

Late billionaire Apollo Nyegamehe’s agro-logistics empire, now teeters on the brink of financial rupture as lenders move to auction prime assets under the leadership of his son Harold Byamugisha

Three Banks Move to Auction Late Billionaire Aponye’s Properties Over UGX 15 Billion Loan Arrears

A consortium of commercial banks has initiated proceedings to auction off several prime properties belonging to the late billionaire businessman, Apollo Nyegamehe, popularly known as Aponye, in a sweeping debt recovery effort

July 3, 2025

Banking & Financial Services·The Big Story

Bob Bonabo Munene, is a development economist and currently is a Principal Economist, at the Ministry of Finance (Banking Sector)

Minister of Finance appoints development economist, Bob Bonabo Munene to Uganda Development Bank Board

Bob Bonabo Munene, a development economist has been appointed as a non-executive director to the Uganda Development Bank Board, CEO East Africa has learnt. UDB is the country’s national Development Finance Institution

August 25, 2023

The Big Story

Harnessing technology to create a positive employee-centred culture in a changing world of work

The month of May in which the International Labor Day falls, is a fantastic opportunity for all managers to reflect on the role and importance of every employee in the workplace. Today,

May 23, 2023

Thought Leadership

Mr. Ramadhan Ggoobi (C), Permanent Secretary/Secretary to the Treasury, Ms. Patricia Ojangole(2nd L) the Managing Director UDB,Mr. Felix (2nd R) Okoboi, Board Chairperson UDB with other officials from Uganda United Nations Development Programme at the launch of the UDB Climate Finance Facility (CFF).

This is how to benefit from UDB’s just-launched UGX50 bn climate finance facility

Uganda Development Bank (UDB), the country’s key strategic partner in delivering socio-economic transformation through sustainable financial interventions, on April 4th launched the UDB Climate Finance Facility (CFF)⏤ a strategic Fund that will

April 8, 2023

Company News·The Big Story

Digital Financial Inclusion: No Ugandan Woman Should Be Left Behind

Over the years, financial inclusion has emerged as one of the key drivers of inclusive socio-economic development, especially in developing countries. The human development discourse is therefore incomplete without addressing issues of

March 15, 2023

Thought Leadership·Women In Leadership