World Bank
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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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Western
Kikuube district leaders relieved after extension of DRDIP project
KIKUUBE, January 12, 2024 – Kikuube district leaders are excited over the extension of the implementation period for the World Bank-funded Development Response to Displacement Impact Project [ DRDIP ]. Vincent Opio, the…
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West Nile
Farmers in Adjumani urged to take advantage of Shs 2.6bln market
ADJUMANI, December 4, 2024 – Local farmers in Adjumani district including refugees have been challenged to take advantage of the Shs 2.6 billion modern market being constructed under the Uganda Support to…
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Northern
WB project targets 60,000 entrepreneurs in Lango
LIRA, December 27, 2023 – The Ministry of Gender, Labour and Social Development [MGLSD] is targeting to recruit 60,000 women entrepreneurs in Lango Sub-region to benefit from the US$ 217 million [Shs…
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Northern
Lira City to offer land for construction of women’s multipurpose business centre
Lira – December 22, 2023 – The authorities of Lira City have promised to offer to land for the construction of a multipurpose production business centre to serve women in Lango Sub-region.…
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International
Developing countries paid record US$ 443.5bln on public debt in 2022-World Bank
WASHINGTON, Dec 14, 2023— Amid the biggest surge in global interest rates in four decades, developing countries spent a record US$ 443.5 billion to service their external public and publicly guaranteed debt…
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