World Bank
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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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National
Political interference derailing USMID project, district bosses say
KAMPALA, December 13, 2024 – As the World Bank-funded infrastructure development project, USMID, winds up, officials from benefiting districts and cities have asked for Parliament’s intervention to stop political interference, saying it…
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Northern
Caritas Lira donates 100,000 tree seedlings to Lango districts
Lira, December 12, 2023 – Caritas Lira plants to distribute 100,000 tree seedlings for planting in the districts of Lango Sub-region as one of mitigating the effects of climate change. The tree seedlings…
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International
WBG supports Tuvalu in strengthening fisheries management
WASHINGTON, December 11, 2023 – Tuvalu will gain resources and support to strengthen the management of its fisheries, one of the country’s highest sources of income, and to create new jobs in the…
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Cooperatives & Communities
Government cleared to acquire funds to modernise agriculture
KAMPALA, December 7, 2023 – Parliament has authorised government to borrow up Shs 1.23 trillion from the International Development Association of the World Bank, to finance the Uganda Climate Smart Agricultural Transformation…
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National
Electricity: Energy Ministry seeks Shs 128bln to connect homes
KAMPALA, December 6, 2023 – The Ministry of Energy and Minerals Development is seeking a supplementary budget of Shs 128 billion in the current financial year to connect 200,000 households across the…
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Western
Fort Portal City authorities call for extension of USMID project as deadline nears
FORT PORTAL, November 27, 2023 – Fort Portal City authorities have called for the extension of Uganda Support to Infrastructure Development [ USMID ] project, nearly 10 days to the end of…
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International
World Bank and Global Fund: Stronger collaboration to tackle impact of climate change on health
WASHINGTON, November 23, 2023 ― The World Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria [the Global Fund] have signed a new Memorandum of Understanding [MoU] outlining how the two…
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Africa
New report reveals continued growth in Africa’s instant payment systems
KAMPALA, November 8, 2023 – AfricaNenda has today released the second edition of the annual State of Inclusive Instant Payment Systems [SIIPS] in Africa report. Jointly produced with the United Nations Economic Commission for…
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International
World Bank: Conflict in Middle East could bring ‘dual shock’ to global commodity markets
WASHINGTON, October 30, 2023 – Although the global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock, an escalation of the…
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