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TodayWednesday, April 29, 2026

Uganda Development Bank- Page 3

Martin Mugarra Bahinduka (2nd R), Minister of State for Tourism and Caroline Adriaensen, EU Head of Cooperation unveil a banner for the Second Tourism facility. Right is Uganda Development Bank Managing Director Patricia Ojangole

Second tourism facility to fast-track recovery from Covid-19 effects – UDB

Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, in partnership with the European Union, has announced a special call for eligible businesses in the tourism sector to apply for
May 19, 2022
LEFT-RIGHT: Patricia Ojangole, the Managing Director of Uganda Development Bank (UDB) and receivers/managers, Kabiito Karamagi and Joshua Ogwal. UDB, together with the two lawyers have been ordered to compensate Mubende Parents Schools for negligently and unlawfully disposing of the school and misusing money attached in foreclosure and a receivership terribly gone wrong.

Court Faults UDB and Receivers Over Mubende Parents School Sale

Justice Richard Wejuli Wabwire, of the Commercial Court, has found that Uganda Development Bank (UDB), unlawfully sold the property of their client, Mubende Parents School; illegally appointed Kabiito Karamagi and Joshua Ogwal
April 27, 2022
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UDB MD Patricia Ojangole (Right) is taken on a guided tour of Totco Agro processing factory, one of the Covid-19 stimulus beneficiaries in Lira district

UDB has so far disbursed UGX589 Billion to support businesses affected by Covid-19 – Ojangole

The Uganda Development Bank Ltd (UDB), the country’s national Development Finance institution, approved projects worth Shs926 Billion of which a total of Shs589 Billion has so been disbursed into the Ugandan economy
January 15, 2022
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Patricia Ojangole, Uganda Development Bank Managing Director. The Bank continues to avail the much-needed liquidity of funds to boost the capacity and resilience of private enterprises.

UDB targets to support private sector led development in the face of Covid-19

By Patricia Ojangole The second wave of the COVID pandemic has led to record infections and an increasing number of deaths. In response the government has instituted new restrictions on movement and
June 18, 2021
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NSSF Chief Financial Officer, Stevens Henry Mwanje (left) receives a plaque from Keith Kalyegira, Chief Executive Officer of the Capital Markets Authority

2020 Financial Reporting Awards: NSSF Scoops Gold, Stanbic Uganda – Silver while Centenary Bank takes home Bronze

The National Social Security Fund (NSSF) has won the Gold Award at the 10th edition of the Financial Reporting (FiRe) Awards, beating 84 organisations which submitted their 2019 financial reports for evaluation.
November 6, 2020
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