Uganda Development Corporation

UDC is an old and new institution, it was first established in 1952 and anything industrious at that time was spearheaded by UDC. The economic shock that spread across the world in the early 1980s, political upheavals and introduction of privatization in Uganda, steered UDC to...

Wonderful. I will fully participate.

UDC is establishing the Industrial and Economic Development Fund (IEDF) under the UDC Act, 2016. The Fund will introduce strategies for mobilizing resources, including domestic financing. We appreciate your foresight and look forward to your participation when this avenue opens.

Today we had a productive meeting with the Uganda Development Corporation (@udc_uganda), continuing our shared agenda of exploring how Uganda can strengthen the models and infrastructure that enable innovation, entrepreneurship, and enterprise growth. We are grateful to the Islamic Development Bank (@IsDB_RHKampala) for their continued partnership and for bringing together the right stakeholders around this conversation. Our discussion went beyond physical infrastructure. It focused on the systems and institutions needed to democratize access to innovation and entrepreneurship, creating pathways for young people to move from talent and ideas into market-ready enterprises. @MotivUG is one example of what this looks like in practice, integrating skills development, production, and market access. The opportunity ahead is to build on proven models like this and expand the infrastructure that enables many more entrepreneurs, innovators, and creators across Uganda. The future of innovation ecosystems will not be shaped by isolated projects, but by institutions and infrastructure that consistently develop talent, support enterprise growth, and connect people to markets at scale.

The future of clean energy starts with local innovation. Through UDC's investment in Bukona Agro Processors, locally grown cassava & maize are converted in green fuel for cooking, creating value for farmers & demonstrating that Uganda produces clean energy from its own resources.

Grateful to @patrickbirungi1 @udc_uganda and Dr. Issahaq Umar @IsDB_RHKampala for championing this conversation. @MotivUG was built to industrialise Uganda’s creative economy, and partnerships like this are how we take it from one micro-factory to a national platform. Onward.

Strengthening partnerships for innovation & youth empowerment. Today, Regional Head of @IsDB_RHKampala Dr. Issahaq Umar met UDC team led by ED UDC @patrickbirungi1 to discuss opportunities supporting @MotivUG expansion & operations. MotivUG empowers youth skilling & creativity.

In his report, @patrickbirungi1 the Executive Director @udc_uganda said that their portfolio has grown from UGX 180B to 1.45T since 2016, with 27 initiatives and 421 jobs. It now targets UGX 5T capitalisation via a new Industrial Fund, expanding into ethanol, fish, cotton, sugar, vaccines, packaging, and iron‑steel. /2

@STanna444 directed @udc_uganda to anchor its investment strategy on agro‑processing, targeting fruit processing, honey, cocoa butter, and cassava, as a critical lever to achieve the government’s $500 billion economy ambition. The Board was further tasked to clarify the “plug and play” concept for investors and to present a business plan for the Kalangala infrastructure steel project, especially given that water and electricity infrastructure are already in place to drive growth in hotels, industries, and employment. /3

In a high‑level engagement at @mtic_uganda boardroom, Hon. @STanna444 met @udc_uganda Board to be briefed on the corporation’s operations and strategic priorities. The session reviewed UDC’s performance, funding needs, and accountability frameworks, while reinforcing the Board’s role in driving industrialisation, regional balance, and value addition across key sectors such as agriculture, manufacturing, and energy. /1

3. Hon. Sanjay Tanna @STanna444 emphasized the need for UDC to broaden its investment portfolio to accelerate industrialization. He pledged his full support, including lobbying for increased funding to strengthen the Corporation’s initiatives and deliver greater impact for Uganda

2. Chairman Godfrey Ruhurira outlined UDC’s mandate and shared the Corporation’s upcoming Strategic Plan for FY2026/27–2029/30. ED UDC @patrickbirungi1 highlighted the investments of projects like Abubaker Technical Services, Bukona Agro Processors & sought the Ministry’s support

1. Today, The UDC Board, led by Chairman Godfrey Ruhurira, met with the Minister of @mtic_uganda Hon. Sanjay Tanna @STanna444 , together with the State Minister of Trade, Hon. Mbandi, and the State Minister of Industry, Hon. Bahati to brief them on UDC’s operations and priorities

This is what 10 fold institutional maturity looks like. Patient capital, sector derisking, strategic partnership. The countries that industrialised fastest all had one thing in common, a development corporation that partnered deliberately with its own builders. Proud of the work @udc_uganda is doing. @patrickbirungi1

What sets UDC apart? We provide patient capital that gives strategic investments time to grow. We also derisk priority sectors. UDC is open to partnering with foreign private sector where it is strategic to Uganda. Hear more from ED, UDC Dr. Patrick Birungi @patrickbirungi1

Behind every factory are families whose livelihoods depend on it. Mutuma Commercial Agencies, producers of Pearl Cotton in Luuka District now sustains 313 direct jobs. Progress in manufacturing is measured not only by output but also by the people whose lives are transformed.

These works are possible through UDC’s investment in Abubaker Technical Services, a local construction firm. Our partnership strengthens the company’s capacity to deliver large scale projects, including Kidepo International Airport runway among others. 🎥: seanstylezxclusive

After a successful production season, @NilezillaLtd (Yumbe Fruits Factory) is preparing for new processing equipment to upgrade its production line & produce smaller retail packs for shops, supermarkets. The company supplies mango puree to Britannia and is exploring new markets.

Proud to see our partners at @britania_uganda utilizing Nilezilla mango puree to deliver the best to Ugandan families. ​This school season, let’s #BuyUgandaBuildUganda and support the chain of excellence. ​#QualitySourcing #Nilezilla #Britania #BUBU #BackToSchool2026

UPDATE: Thousands of farmers in Nwoya District could soon enjoy a reliable market for cassava and maize as demand for ethanol used in Uganda's fuel blending programme continues to rise. Bukona Agro-Processors says it is currently blending only 1% ethanol instead of the targeted 5% because of insufficient supplies of raw materials and is ready to buy more cassava and maize from local farmers. The development is expected to boost household incomes, create jobs and accelerate commercial agriculture across the district. 📖 FULL STORY: dailyexpress.co.ug/2026/06/16/nwo… #ExpressUpdates @UDB_Official @udc_uganda @MAAIF_Uganda @DrRwamiramaBK @FrankTumwebazek

I handed over the office of the Minister, @mtic_uganda to Hon. @STanna444. It has been a great honor to serve my country in this capacity. I am deeply grateful to H.E the President @KagutaMuseveni for the confidence & trust he placed in me to bolster the national dev't agenda.