Organization · Government VC
Uganda Development Bank
Uganda Development Bank (UDB) is the national Development Finance Institution of Uganda, established in 1972. It focuses on financing investments in agriculture, industry, tourism, and infrastructure to support economic development.
Overview
What Uganda Development Bank does
What Uganda Development Bank is
Uganda Development Bank (UDB) is the national Development Finance Institution of Uganda, established in 1972. It focuses on financing investments in agriculture, industry, tourism, and infrastructure to support economic development.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Government VC
- Founded
- Founded in 1972
- Approximate age
- About 54 years
- Structured capabilities
- Funder
- Last reviewed
- May 4, 2026
Official channels
Find Uganda Development Bank elsewhere
Open the official website or a supported primary organization account.
Capability profile
Uganda Development Bank as a funder
Investment thesis
Uganda Development Bank (UDB) promotes and finances development across various sectors of the economy, with a focus on agriculture, industry, tourism, housing, and commerce, aiming to enhance Uganda's economic growth through patient long-term capital.
Focus narrative
UDB invests in key sectors including agriculture, manufacturing, tourism, and infrastructure. The bank offers a range of financial products such as loans, equity investments, trade finance, and bank guarantees, tailored to meet the needs of enterprises at different stages of development. UDB's mission is to foster economic growth and job creation in Uganda by supporting projects that align with national development priorities.
Value beyond capital
UDB adds value to its portfolio companies through financial support, technical assistance, and capacity building. The bank's partnerships with organizations like the African Guarantee Fund enhance its ability to provide sustainable lending solutions, particularly to SMEs and women-and-youth-affiliated businesses.
Focus and fit
- Stages
- Friends and Family · Angel · Accelerator · Pre-seed · Seed · Seed+ · Series A · Series A+ · Series B · Series B+ · Series C · Series C+ · Series D · Series E · Series F · Growth Equity · Pre-IPO · Ipo
- Regions
- East Africa
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
UDB has a diverse portfolio that includes investments in agriculture, manufacturing, and tourism. While specific notable projects or companies within its portfolio were not detailed, UDB supports thousands of borrowing enterprises across Uganda, focusing on sectors that contribute to economic development.
Common questions
What to know about Uganda Development Bank
Upseed classifies Uganda Development Bank under the Government VC organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 4, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.