UDB’s Dr. Ojangole Earns PhD with Groundbreaking Uganda Growth Study

Dr. Patricia Ojangole earned her PhD in South Africa

Uganda’s development finance landscape just gained sharper intellectual firepower as Dr. Patricia Ojangole, Managing Director of Uganda Development Bank (UDB), successfully defended her PhD at South Africa’s prestigious University of Stellenbosch Business School.

Research That Hits Home

Dr. Ojangole’s doctoral thesis tackled Uganda’s most pressing economic puzzle:

📜 “Structural Transformation, Private Sector Credit, and Growth: Implications for Employment and Inclusive Growth in Uganda”

This policy-shaping research directly addresses:

✅ How credit flows can drive job creation
✅ The private sector’s role in inclusive development
✅ Actionable frameworks for Uganda’s economic transformation

“Her findings couldn’t come at a better time,” remarked a Kampala-based economist, noting Uganda’s push for middle-income status.

Why This Matters for Uganda

As head of Uganda’s premier development finance institution, Dr. Ojangole’s academic rigor now directly informs:

🔹 UDB’s lending strategies for maximum economic impact
🔹 Government policy formulation on financial inclusion
🔹 Regional development finance best practices

The bank stated her research provides “critical tools for designing interventions that actually reach underserved populations.”

A Leader Who Walks the Talk

UDB’s public tribute highlighted Dr. Ojangole’s:

💡 15+ years of transformative leadership
💡 Pioneering work in development finance
💡 Rare blend of academic excellence and real-world banking expertise

“This PhD isn’t just personal—it’s institutional armor for Uganda’s development battles,” commented a financial sector analyst.


At a time when Uganda seeks homegrown solutions to unemployment and unequal growth, Dr. Ojangole’s research provides evidence-based ammunition. As she returns from Stellenbosch, all eyes are on how UDB will translate theory into transformative lending practices.

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