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Financing
Wealth Creation

Uganda Development Bank (UDB)

Capitalised with Shs 1.6 trillion, UDB has extended over Shs 2.45 trillion to more than 600 businesses. A further Shs 442.2 billion allocated for FY 2026/27.

Uganda Development Bank

Government has cumulatively capitalised UDB with Shs 1.6 trillion to provide long-term patient capital to strategic sectors vital for industrialisation and value addition. The bank has extended over Shs 2.45 trillion in financing to more than 600 businesses across agriculture, manufacturing, tourism, construction and services. An additional Shs 442.2 billion has been allocated in FY 2026/27.

More than lending

UDB also runs the Business Accelerator for Successful Entrepreneurship (BASE) and a Project Preparation Facility that funds the feasibility work making a project bankable — listed separately under UDB Business Accelerator.

How to take part

Apply directly to UDB. Eligibility, terms and the full set of published figures are on the portal's scheme record: Uganda Development Bank in the financing register.

Figures as at 30 June 2026. Source: Government wealth-creation programmes update.

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