World Bank
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Agriculture
Amuru risks losing over Shs 1.1bln for irrigation equipment
AMURU-Amuru district production department is at risk of losing at least Shs 1.1 billion meant for procuring small-scale irrigation equipment. The government allocated the said money through the Micro Scale Irrigation Programme…
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News
Lack of funds frustrates road works in Mbarara City
MBARARA – The mayor of Mbarara City, Robert Mugabe Kakyebezi has said the completion of road works in the city is slow due to the delay in the release of funds from…
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Finance & Banking
MPs approve over Shs 355bln loan for INVITE project
KAMPALA – Government’s request to borrow up to US $96 million [Shs 355.5bln] to finance the Investment for Industrial Transformation and Employment [ INVITE ] project has been okayed by Parliament. The…
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Cooperatives & Communities
AMURU: Women’s cooperative gets over Shs 300mln rice huller
AMURU– Members of Elegu Women Cross Border Traders’ Cooperative in Amuru district now expects to earn more income following the installation of the rice huller worth Shs 333 million. A rice huller or rice husker is…
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Africa
Farmers’ cooperative bears fruit in dry areas of Eastern Ethiopia
ADDIS ABABA – Malika Ahmed, 34, and her husband and two children, are residents of Genderige kebele in Dir Dawa City administration’s rural area. A founder and member of the Hamilton Fruit…
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Cooperatives & Communities
Lira rice farmers push planting to June as floods submerge fields
LIRA – A number of farmers under Itek Okile Rice Growers’ Multipurpose Cooperative Society [IORGMCS] in Itek Subcounty, Lira district say they will now plant in June after recent floods submerged rice…
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Africa
AfDB welcomes Banga’s confirmation as World Bank boss
ABIDJAN– African Development Bank [ AfDB ] President Dr. Akinwumi Adesina has congratulated former MasterCard CEO Ajay Banga for his election as head of the World Bank Group, saying he looks forward…
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Finance & Banking
Ajay Banga becomes 14th President of the World Bank
WASHINGTON – The Executive Directors of the World Bank have selected Ajay Banga as the next President of the World Bank for a five-year term beginning June 2, 2023. Banga most recently served…
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Education
Excitement in Alebtong as construction of Shs 2.5bln secondary school is launched
ALEBTONG – Residents of Adwir Sub-county in Alebtong district are excited that learners in the area will no longer have to walk long distances in search of secondary education following the launch…
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International
World Bank Group launches ‘Business Ready’ project
WASHINGTON – The World Bank Group has begun work to assess the business and investment climate in up to 180 economies under its flagship Business Ready project—a key instrument of its new strategy to…
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