The Uganda Development Bank Limited (UDB) was the first national development finance institution (DFI) in Uganda established under Decree No. 23 of 1972. Our Vision: Preferred and trusted development finance services provider for socio-economic development. Our Mission: Accelerating socio-economic development through sustainable financial interventions. Values: Integrity Commitment Excellence Our Motto: Inspiring Development Our Mandate: To operate as Uganda’s development finance institution, particularly through interventions in priority sectors and in line with the Government of Uganda’s development priorities.
Investor insights
Funding rounds participated in
$20M sweet spot round size
Investor type
Basic info
Industry
Sectors
Date founded
1972
Funding rounds raised
Total raised
$20M
from 1 investors over 1 rounds
Uganda Development Bank raised $20M on August 24, 2018
Investors: African Development Bank