World Bank
Rich in minerals, poor in processing: Africa’s green-energy dilemma
A World Bank study finds African countries mine transition minerals but rarely process them, limiting industrial and economic gains
Museveni’s new foreign funding law deepens fears over shrinking political space
New foreign funding law has drawn criticism from opposition figures, rights groups, and development partners
The Middle East war is hurting Africa. Here is how the continent fights back
As the Middle East war pushes African currencies lower and borrowing costs higher, a Pretoria scholar sets out how the continent must respond
President Museveni bids farewell to outgoing World Bank country manager, Mukami Kariuki
Ms Kariuki, who assumed her role on 1 August 2021, has led the World Bank’s engagement with the Ugandan government, overseeing the implementation of key development programmes
Growth in sub-Saharan Africa set to strengthen as other regions struggle with the impact of US trade barriers
Sub-Saharan Africa is one of two regions expected to strengthen their economies this year, despite the fact that most of the world is set to experience its slowest pace of growth since 2008
World Bank names new country director for Uganda, Kenya, Rwanda, and Somalia
Qimiao Fan, a Chinese national, will oversee the design and implementation of the World Bank's assistance programme for the four countries
The roots of the economic turmoil that led Kenyan youth to take to the streets
Corruption, a perennial problem in Kenya, has become a major source of anger; young people, who see corruption everywhere, from the street to offices, feel that it has stolen their future
Tanzania is a showcase for World Bank funding
The International Development Association is a major source of support for African countries struggling with mounting debt and shrinking fiscal space
Uganda seeks $146mn Chinese loan for national fibre-optic project
China also funded the first three phases of the national fibre-optic backbone infrastructure projectMore World Bank
10 things the World Bank says about Uganda’s economy
The World Bank on Tuesday released its eighth Uganda Economic Update outlining its view of the state of the economy, more than six months after it cut off funding over slow execution of projects. Here are 10 key messages from the report.
Parliament gives approval for $103 rural electrification loans
Parliament on Wednesday approved two motions that allow the government to borrow $102.88 million for rural electrification projects. The government will borrow $91.5 million from the World Bank and $11.32 million from Kuwait.
Ease of doing business: Uganda climbs seven places in World Bank ranking
Uganda has moved up seven places in the World Bank's latest Doing Business Report, coming in at 115 out of 188 economies. The report investigates regulations that improve or constrain the operations of small to medium-size domestic businesses.
World Bank withholds new lending to Uganda
A statement released by the World Bank yesterday says it is withholding "new lending to Uganda effective August 22, 2016," citing performance issues in its Uganda portfolio.