Ugandan Contractors Financing
The Bank is supporting the development of emerging and existing local contractors to enable them to participate in infrastructure projects. Under this initiative, the bank avails funding to facilitate equipment purchases and to guarantee contract performance, among other interventions.
Oil Seeds’ Initiative
The Bank is currently supporting efforts aimed at local production of improved oil seed varieties through a partnership with the National Semi-Arid Resources Research Institute (NaSARRI), based in Serere. UDB allocated Ush178 Million towards the research aimed at enabling the commercialization of improved oil seed varieties.
Science, Technology & Innovation
The Bank and the Secretariat of Science Technology & Innovation – Office of The President (STI) entered into an MoU aimed at supporting the incubation, commercialization, and growth of new and infant industries.
Access to electricity
The Bank has committed UGX148.5 billion over the next five years to enable 550,000 households to access electricity through the Hybrid Electricity Customer Connection Credit Framework, in partnership with the Electricity Regulatory Authority (ERA)and the Ministry of Energy and Mineral Development. Under the facility, the upfront cost for a no-pole connection will be reduced by […]
Non-financial Services
Business Accelerator for Successful Entrepreneurship The Bank provides advisory services to clients pertaining to management best practices, good governance, record keeping, financial management etc. based on the Bank’s wider knowledge of the business, operating environment, and experience gained from funding, implementing, and monitoring such projects. This is done by way of training and technical support […]
Youth Step-Up Loans
The Youth Step-Up Loan by Uganda Development Bank (UDB) is a specialized financing solution designed to empower young entrepreneurs and innovators across Uganda. Through this facility, the Bank offers affordable capital alongside tailored business development services to help youth-led enterprises grow and thrive. The loan is complemented by training and mentorship programs that equip young […]
Women Prosper Loans
The Women Prosper Loan offered by Uganda Development Bank (UDB) is specifically designed to enhance access to affordable and appropriate financial services for women-owned and women-led businesses. This facility aims to empower women entrepreneurs by addressing the financial barriers that often limit their participation in economic activities. In addition to providing tailored financing, the loan […]
Multi-tech Business School
Multi-tech Business School (MBS), was incorporated in May 2002. It began as a business college best known for providing tuition for professional accounting courses. It has since grown to a fully fledged tertiary institution registered by the National Council of Higher Education, offering certificate, diploma and undergraduate degrees with a career and vocational bias. However […]
Steel and Tube Industries Ltd
Steel and Tube Industries Limited (STIL) is one of the leading manufacturers of various steel products in the country with their marketing stretching around the whole of Uganda as well as within the entire East African region, stretching to Rwanda, Congo, Sudan, Kenya and Burundi. STIL has achieved both local and international certifications confirming the […]
Jesa Farm Dairy Ltd
Jesa is the leading producer of fresh pasteurized milk, yoghurt and ultra-heat treated milk (UHT). Jesa enjoys the biggest market share and brand loyalty in fresh pasteurised milk with the market predominantly in the greater Kampala. It also exports to the neighbouring Kenya, Tanzania and South Sudan. The Bank has supported the company by providing […]