Kampala, Uganda | Ronald Musoke | Rosemary Mukami Kariuki has taken over from Tony Thompson as the World Bank Country Manager for Uganda effective Aug.01. According to a statement from the World Bank, Kariuki, a Kenyan national will now lead an active portfolio which, at the moment, stands at US$3.9 bn …
Read More »World Bank calls for green growth in Uganda despite effects of COVID-19
Kampala, Uganda | THE INDEPENDENT | World Bank in its new report has urged Uganda to promote green growth to beat the economic vulnerabilities caused by the devastating impact of the ongoing COVID-19 pandemic. The bank in its 17th Uganda Economic Update, published on Tuesday, said lockdown measures pushed many businesses …
Read More »World Bank approves 200 mln USD to expand Uganda’s digital inclusion
Uganda Digital Acceleration Project will accelerate development of digital solutions, skills and literacy in unserved and underserved regions across the country Kampala, Uganda | THE INDEPENDENT | World Bank has approved 200 million U.S. dollars to finance access to high speed and affordable internet, improve the efficiency of digitally-enabled public service …
Read More »World Bank gives Uganda UGX 1 Trillion for social services
Kampala, Uganda | THE INDEPENDENT | Uganda has secured a financing package of about 1.1 Trillion Shillings from the World Bank improve service delivery in local governments. This is additional funding to the 200 billion dollars received under the Uganda Intergovernmental Fiscal Transfers Program for Results,(UgIFT), to boost service delivery …
Read More »Uganda gets UGX 480 billion grant from World Bank for infrastructure
Kampala, Uganda | THE INDEPENDENT | The World Bank has approved a grant of USD 130.8 million (484 billion Shillings), to ease the movement of goods and people in refugee-hosting districts in the West Nile sub-region of Uganda. The funds got from the International Development Agency, IDA will also help and …
Read More »World Bank approves Shs 57bn for Uganda’s Coronavirus response
Kampala, Uganda | RONALD MUSOKE | The World Bank has approved US$15.2 million (Approx. Shs 57bn) to support Uganda’s efforts to prevent, detect, and respond to the COVID-19 pandemic as well as strengthen national systems for public health emergency preparedness under a new operation—the Uganda COVID-19 Response and Emergency …
Read More »World Bank says digitalization critical to reviving Uganda’s economy amid COVID-19
Kampala, Uganda | XINHUA | The World Bank said in a report Wednesday that digital technologies are critical in reviving Uganda’s economy, which has been hit hard by the COVID-19 pandemic. The international finance institution said in the latest edition of the Uganda Economic Update that the country’s economy this …
Read More »Uganda receives UGX 563bn World Bank cash for forest management
Entebbe, Uganda | THE INDEPENDENT | The World Bank has approved USD 148.2m (Shs 563bn) financing for Uganda to use to manage and restore its forests cover. The money according to the lender is also expected to have spillover benefits to forest dependent communities like refugees and their host communities. …
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