World Bank
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News
Global commodity prices level off, hurting prospects for lower inflation
WASHINGTON, April 25, 2024 — Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall inflation last year, which could make it harder…
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News
Lira City launches Shs 834mln beautification and greening project
Lira City, April 25, 2024 Lira City Council has launched a Shs 834 million beautification and greening project to be implemented by a private company, Dubai Garden Centre (U) Limited. According to…
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News
Govt starts installation of extra 40km of electric fence around Murchison Falls National Park
NWOYA, April 23, 2024 – Government, through the Uganda Wildlife Authority [UWA], has resumed construction works for an electric fence around Murchison Falls National Park aimed at preventing the marauding elephants from…
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International
World Bank: New financing tools receive major funding boost
WASHINGTON, April 20, 2024— New financial instruments designed to boost lending capacity and enable the World Bank Group to take on more risk for shared global challenges have received a significant endorsement.…
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Africa
New partnership aims to connect 300mln to electricity by 2030
KAMPALA, April 18, 2024 – The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by…
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News
East Asia and Pacific to sustain growth amid global headwinds, says World Bank
WASHINGTON, April 2, 2024 — Developing East Asia and Pacific is growing faster than the rest of the world but slower than it was before the pandemic, the World Bank said on…
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News
Africa’s wind power holds potential to light up the continent, says IFC report
KAMPALA, March 26, 2024 – Africa has enough wind resources to power its entire electricity demand 250 times over, according to a commissioned study by the World Bank’s International Finance Corporation. The…
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News
COMESA, WBG to launch US$ 50mln project to promote energy access
LUSAKA, February 29, 2024 – The Common Market for Eastern and Southern Africa [COMESA] and the World Bank are set to implement a US$ 50 million regional platform to support COMESA Member…
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News
Minister urges women entrepreneurs to embrace GROW project
MBALE, February 23, 2024 – The Minister of State for Gender, Labour, and Social Development in charge of Disability Affairs, Hellen Grace Asamo has urged women entrepreneurs to embrace Generating Growth Opportunities…
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News
GROW Project to support growth of small businesses, says minister Amongi
OYAM, February 16, 2024 – The Generating Growth Opportunities and Productivity for Women Enterprises Uganda [GROW] Project funded by the World Bank supports existing businesses and not new ones, according to Betty…
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