Kampala, Uganda | THE INDEPENDENT | The Gender, Labour and Social Development Ministry is stuck with thousands of women groups seeking funding under the Uganda Women Entrepreneurship Program- UWEP. The program, in its third year of implementation continues to suffer consistent decline in budgetary allocations from Ministry of Finance, Planning and …
Read More »EU to increase funding for electricity distribution
Kampala, Uganda | THE INDEPENDENT | The European Union-EU has promised to provide more funding to boost Electricity distribution in the country. The European Union Ambassadors made the pledge on Tuesday during their three-day retreat in Hoima on a fact finding mission on the major projects funded by EU. Stephanie Rivoal, …
Read More »CID starts investigations into misuse of Akii- Bua stadium funds
Kampala, Uganda | THE INDEPENDENT | The Criminal Investigation Department-CID has started investigations into the reported misuse of funds meant for the construction of Akii- Bua memorial Stadium. A team of senior police detectives from the CID – headquarters are in Lira district to investigate the alleged misuse of funds. Grace …
Read More »Sh250 billion fund to lift youth out of poverty
Four years later, Youth Livelihood Programmeimplementers assess its impact Kampala, Uganda | HAGGAI MATSIKO | A business venture by a group of eleven youth in Katebe Village, Kamwenge district is thriving after they got a Shs 7.7 million interest free loan in 2015 from the Youth Livelihood Programme (YLP); a …
Read More »DFCU injects $2.8m in agribusiness training
THIS WEEK: DFCU injects $2.8m in agribusiness training Kampala, Uganda | THE INDEPENDENT | Organized farmers have a reason to smile. For the next five years, Dfcu and Rabobank Foundation are injecting a combined US$ 2.8million in the Agribusiness Development Center (ADC) that will see farmers attain knowledge and skills …
Read More »Norway’s wealth fund – a jumbo piggy bank to be used prudently
Norway’s wealth fund – a jumbo piggy bank to be used prudently Oslo, Norway | AFP | Norway has the world’s largest sovereign wealth fund — a treasure chest nearly $1 trillion (830 billion euros) to be set aside for rainy days but also to help fund today’s election promises. …
Read More »Africa needs to fund Infrastructure development through its own resources
By Stephen Kafeero This call was made by AU Commissioner for Economic Affairs, Dr Anthony Mothae Maruping as representatives of African governments, United Nations Agencies, the African Union Commission and other strategic development partners concluded a two day meeting of the NEPAD Steering Committee in Centurion, South Africa. “Infrastructure development …
Read More »World Bank endorses report to fund Uganda
By Julius Businge The World Bank’s Board of Executive Directors have discussed and endorsed the progress report of the Country Assistance Strategy (CAS) for Uganda that will guide the support of the World Bank Group to the country for the remaining two years (2014-2015) of the CAS. The CAS is …
Read More »The story of Rwanda Dignity Fund
By Andrew M. Mwenda Donors who cut aid to Kigali inadvertently made it discover a new aspect of its potential – citizen solidarity When the governments of United States, United Kingdom, Netherlands and Germany cut aid to Rwanda three months ago, I was among those who did not shed a …
Read More »