Tag Archives: World Bank

Kampala, Uganda |  AGENCIES | World Bank says growth higher than stated Large scale urbanisation has already taken place in Rwanda, with the pace of it much faster than official records suggest because the definition of urban areas needs refining. Urbanisation appears to have had a positive impact on structural …

  KAMPALA | THE INDEPENDENT | Uganda is one of several countries in Sub-Saharan Africa that stands to benefit from a new World Bank financing facility that aims to support private sector access more affordable capital for investment. Under the 18th replenishment of the International Development Association (IDA18) – the World …

Deal signed with World Bank Kampala, Uganda | THE INDEPENDENT | The World Bank Group and the Government of Rwanda have signed a $125 million Financing Agreement for the First Programmatic Energy Sector Development Policy operation. is a concessional loan designed to boost companies in involved in the energy generation sector under …

By ignoring poor people’s needs, financial institutions are overlooking a massive potential market COMMENT | REETA ROY | In a sea of gloomy news, one bright headline appears on the horizon. The World Bank’s latest figures on individuals’ bank accounts, to be released early next year, are expected to show that …

Hike in trade licence fees and tedious property transfer blamed Kampala, Uganda | ISAAC KHISA | Uganda has slid back in the World Bank’s Ease of Doing Business ranking dropping seven places to 122 out of 190 economies. It is the sixth time in seven years that the East African nation …

Kampala, Uganda | THE INDEPENDENT | Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing United States shale oil production, according to the World Bank’s Senior Economist John Baffes. …

VIDEO: Uganda falls seven steps down in business index Kampala, Uganda | NTV UGANDA | Development partners are puzzled at Uganda’s dismal performance in the just-released Ease on Doing Business Report 2018. Authored by the World Bank annually, Uganda fell back 7 places from position 115 to 122, leaving businesses with …

Museveni finally commissions Fort Portal—Kamwenge road Kampala, Uganda | RONALD MUSOKE | On Sept. 7, President Yoweri Museveni finally commissioned the 66km Fort Portal—Kamwenge road, almost 18 months after it was expected to be completed. The class two tarmac road which runs from Kamwenge District to Fort Portal town in Kabarole …

World Bank upbeat about economy | Says Public Private Partnerships on large projects could spur economy Kampala, Uganda | IAN KATUSIIME | The Uganda economy could grow at a rate of 5.2% during the current Financial Year 2017/18, according to the latest World Bank update released on July 25. That …

After the Rwanda Convention Bureau was established, visitors for conferences nearly doubled from 17,950 to 35,100 and revenue from MICE events increased from US$29.6 million in 2014 to US$47 million in 2016. Washington, US | THE WORLD BANK |  Rwanda is shaping up as one of East Africa’s premier business tourism …