Tag: Uganda Development Bank

Mugumya, a former aide to former presidential candidate Dr. Kizza Besigye, has previously been at the center of politically charged cases. His latest case comes at a time of heightened scrutiny over reports of enforced disappearances and prolonged detention without trial.
Ambassador Ssentongo reaffirmed Ugandan government’s commitment to strengthening cross-border tourism cooperation, noting that tourism is central to the country’s Ten-Fold Growth Strategy, which aims to grow the economy from US$50 billion to US$500 billion by 2040. He called for practical, time-bound solutions to trade barriers affecting tourism and regional business competitiveness.

Uganda’s Shs530b BADEA Loan to Power Private Sector-Led Growth

Uganda’s latest $150 million financing deal with the Arab Bank for Economic Development in Africa (BADEA) marks more than...

Uganda’s Exports Surge by 12.1% in Q2 – PSST...

Uganda's export sector has experienced a significant boost in the second quarter of the financial year 2024/2025, registering an...

UDB Launches RISE Platform to Drive Sustainable Industrialization

Uganda Development Bank (UDB) has launched a lucrative digital economy platform to connect startups, SMEs, and large corporations with...

Gov’t Procures First Consignment of Test Kits from Local...

The government through the Ministry of Health has procured a first consignment of malaria testing kits from a locally...

Gov’t to Conduct Over 1.3 Million Electricity New Connections,...

The government of Uganda, with support from the World Bank, is set to kick-start the process to have a...

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