BADEA extends USD 150M facility to UDB

H.E. Abdullah ALMUSABEEH, BADEA President with Hon. Matia Kasaija Minister of Finance Planning and Economic Development after signing facility agreements
H.E. Abdullah ALMUSABEEH, BADEA President with Hon. Matia Kasaija Minister of Finance Planning and Economic Development after signing facility agreements
Minister of Finance Hon. Matia Kasaija with the new board for National Lotteries and Gaming Regulatory Board
PSST Ramathan Ggoobi and the Governor Bank of Uganda after endorsing the agreement
The Government of Uganda has received 170 billion Shillings, part of theWorld Bank financing for the manufacturing and export value chainsthrough the INVITE Trust.The INVITE (Investment for Industrial Transformation and Employment)Project is a Government of Uganda (GoU) initiative financed by the WorldBank and other development partners. The Multi-Donor Trust Fund Grantprovides grant products for business development […]
Representing President Yoweri Kaguta Museveni as the chief guest, State Minister for Trade, Gen. Wilson Mbasu Mbadi
Uganda Development Bank (UDB) and partners have launched the Incubator Program second phase under Enterprise Development Product (EDP) to prepare enterprises to become investor-ready. The launch took place on Wednesday at Uganda Management Institute in Kampala.The Director Strategy and Corporate Affairs, Allan Mwesiga, said the program is a commitment by the bank to foster sustainable […]
At least 158 secondary education colleges from across the country have been cleared to compete in the 9th edition of the Stanbic National Schools Championship (NSC)—an annual youth entrepreneurship skilling challenge.Sam Mwogeza, the Executive Head for Personal & Private Banking at Stanbic Bank presided over the ceremony to flag off this year’s competition with a […]
Ugandan private sector firms have registered a deterioration in business conditions during March, thereby ending a 16-month upward improvement sequence in the health of the private sector.The overall decline was driven by renewed contractions in output and new orders, as customer demand was reportedly hampered by less money in circulation and reduced purchasing power. Nonetheless, firms […]
Parliament has backed the decision by the Bank of Uganda (BoU) requiring Stanbic Bank Uganda to hire a Ugandan national as the next Chief Executive Officer to replace Anne Juuko, who the commercial bank gave a new role as head of Global Markets for East Africa.In a press statement on March 28, 2024, Stanbic Bank […]