Washington, United States | AFP | The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday. The stricter new policy also aims to tackle how rich countries contribute to corruption in the developing world by failing …
Read More »Ugandan youth win World Bank #Blog4Dev youth essay contest
#Blog4Dev: Three Winners to join Uganda delegation to IMF, World Bank Spring Meetings in Washington DC KAMPALA | THE INDEPENDENT | The World Bank has announced the Ugandan winners of its annual #Blog4Dev youth essay competition. The three winners are Tendo Namata, 26 ; Helda Mary Akongo, 24 and Douglas Dubois …
Read More »KAGAME: Focus on development
President Kagame pushes for delivery on development targets at leadership retreat Kampala, Uganda | THE INDEPENDENT | Rwandan President Paul Kagame’s key message at the opening of the country’s 15th National Leadership retreat (Umwiherero) at Gabiro in Gatsibo district was a call to leaders to deliver on the country’s development vision. …
Read More »‘Massive’ infrastructure spending needed in Africa, says report
Abidjan, Ivory Coast | AFP | Economic growth in Africa picked up steam last year and is set to accelerate strongly in 2018, but “massive investments” are needed in infrastructure, the African Development Bank (ADB) said Wednesday. Growth in Africa rose from 2.2 percent in 2016 to 3.6 percent in …
Read More »Rwanda’s development model
Why it wouldn’t work elsewhere in Africa Kampala, Uganda | NIC CHEESEMAN | Rwanda is often touted as an example of what African states could achieve if only they were better governed. Out of the ashes of a horrific genocide, President Paul Kagame has resuscitated the economy, curtailed corruption and maintained …
Read More »On the road with UNRA’s Kagina
Driving 700km in two days to see Uganda’s critical oil roads project Kampala, Uganda | RONALD MUSOKE | Allen Kagina, the executive director of the Uganda National Roads Authority (UNRA) is a prayerful woman. She prays at meetings, journeys, meals, and anything. Now, however, she possibly needs prayers more than ever …
Read More »How digital technology can help reinvent basic education
E-learning innovations: How digital technology can help reinvent basic education TECHNOLOGY | Rohen d’Aiglepierre, Amélie Aubert & Pierre-Jean Loiret | African countries have worked hard to improve children’s access to basic education, but there’s still significant work to be done. Today, 32.6 million children of primary-school age and 25.7 million adolescents …
Read More »GLOBAL COMMENT: African infrastructure
The continent’s pension funds could lead institutional investors in committing funds to local infrastructure COMMENT | IBRAHIM ASSANE MAYAKI | As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely …
Read More »Saudi funds move bolsters crown prince
Riyadh, Saudi Arabia | AFP | Saudi Arabia Wednesday announced the consolidation of development funds under a unified body led by Crown Prince Mohammed bin Salman, cementing the powerful prince’s position in the Gulf kingdom’s affairs. The new National Development Fund joins industrial, agricultural and social development funds under a board …
Read More »Museveni distances himself from NRM age limit proposal
Museveni distances himself from NRM members’ resolution on lifting presidential age limit Kampala, Uganda | GODFREY SSALI | President Yoweri Museveni has distanced himself from a section of Members of Parliament (MPs) of the ruling National Resistance Movement (NRM) that voted unanimously to table a private members bill in parliament to amend the constitution …
Read More »