Development financing through Uganda Development Bank
The Uganda Development Bank (UDB) launched its 5-year Strategic Plan for the period 2018-2022 with key sector intervention strategies in Agriculture, Manufacturing, Tourism, infrastructure, human resource capital development, minerals, and oil and gas sectors. The strategy aims to ensure improved corporate governance, effective mobilization of resources, and partnership with key stakeholders and continued development of Human resources.
In an effort to increase the availability of long term capital, Government has continued to capitalize Uganda development Bank Limited. This has helped the Bank in growing its mandated role of providing development finance solutions to required interventions needed to address development challenges as well as market gaps that existed in the industry.