World Bank
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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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News
Gender gap closes at fastest rate since pandemic – but full parity still over a century away
GENEVA, June 12, 2025 – – The global gender gap has closed to 68.8 percent, marking the strongest annual advancement since the COVID-19 pandemic. Yet full parity remains 123 years away at current rates,…
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News
Mbarara City leads in revenue collection and utilisation
MBARARA CITY, June 6, 2025 – Mbarara City Council has once again been ranked the best-performing local government in Uganda for local revenue collection and utilisation. According to Mayor Robert Mugabe Kakyebezi,…
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News
Gov’t in talks with World Bank to revamp 160 secondary schools
KAMPALA, May 21, 2025 — Government is currently engaged in negotiations with the World Bank to secure renewed funding for the Ministry of Education and Sports, with the aim of refurbishing at…
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News
Cultural barriers prevent Karamoja women from accessing GROW project loans
KOTIDO, May 16, 2025 –– In the arid plains of Karamoja Subregion, where women play a central role in agriculture and entrepreneurship, a quiet struggle continues — financial exclusion rooted in traditional…
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