World Bank
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News
House committee calls for review of €183mln water and sanitation loan
KAMPALA, September 17, 2025 – Parliament’s Committee on National Economy has called on government to review its proposed €183.3 million loan from Standard Chartered Bank, UK, and Shs 120.4 billion from the…
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News
EARDIP holds joint implementation support mission in Nairobi
NAIROBI, September 5, 2025 — The Eastern Africa Regional Digital Integration Project [EARDIP] kicked off a joint project implementation support mission in Nairobi, bringing together the East African Community [EAC], the Intergovernmental…
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News
Sidi Ould Tah assumes office as 9th President of AfDB Group
KAMPALA, September 3, 2025 — Dr. Sidi Ould Tah has been sworn-in, as the ninth President of the African Development Bank Group [AfDB]. He took his oath-of-office on Monday in Abidjan, Ivory…
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News
Gender ministry engages stakeholders in western Uganda on GROW project
MBARARA CITY, September 2, 2025 – The Ministry of Gender, Labour, and Social Development [MoGLSD] has engaged stakeholders from Western Uganda to address challenges affecting the ongoing implementation of the Generating Recovery…
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News
UMA urges private sector to embrace cooperative business model to strengthen market control
KAMPALA, July 24, 2025 — The Uganda Manufacturers Association [UMA] has called on the private sector to adopt the cooperative business model across various stages of production in order to strengthen market…
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News
IFC Issues Rwanda Franc “Umuganda” Bond to Support Rwanda’s Capital Markets
KIGALI, July 22, 2025 — In a move to support the development of Rwanda’s capital markets, the International Finance Corporation [IFC], a member of the World Bank Group, issued a 24 billion…
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Opinions & Commentary
Africa’s financial sovereignty: Mobilising institutional capital for development and resilience
ABIDJAN, July 19, 2025 — As global capital flows evolve and development assistance dwindles, Africa finds itself at a critical point. On May 28, during the African Development Bank Group’s 2025 Annual…
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News
Cooperative in Somalia revives after 22 years with focus on markets
MOGADISHU, June 24, 2025 — Qabri-bahar Cooperative in Somalia collapsed due to war and 300 households who had invested in it lost all their investments. Now 22 years later, the cooperative has…
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News
World Bank-funded project set to boost clean water access in Adjumani district
ADJUMANI, June 23, 2025 — Adjumani district is set to witness a major transformation in access to clean water, thanks to a Shs 59.8 billion World Bank-funded project that is nearing completion. The…
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News
FDI Flows to Developing Economies Drop to Lowest Level Since 2005
WASHINGTON, June 17, 2025 — Flows of foreign direct investment [ FDI ] into developing economies—a key propellant of economic growth and higher living standards—have dwindled to the lowest level since 2005…
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