By Ronald Musoke & Agencies With the spread of the Ebola epidemic in West Africa showing no signs of relenting, the World Bank is committing up to $400 million (over Shs 1 trillion) to help the worst-affected countries in West Africa address the emergency. Speaking on Sept.25 during a special …
Read More »World Bank shelves $90m loan to Uganda over anti-gay bill
By Independent Reporter The World Bank has postponed a $90 million loan to Uganda’s over President Yoweri Museveni’s signing of the tough anti-homosexuality law. Norway and Denmark have said they are also cutting aid to Uganda because of the law and the U.S. is “reviewing ties”. The blocked World Bank …
Read More »Act on health, education challenges – World Bank
By Julius Businge A new survey released by the World Bank and other partners- Uganda Service Delivery Indicators (SDI) indicates that Uganda is still failing to achieve optimal performance in schools and health centres. The Independent’s Julius Businge interviewed Ritva Reinikka, the World Bank’s director for Human Resource Development for …
Read More »World Bank urges on pastoralism, irrigation ahead of agric summits
By Julius Businge On the eve of two major agriculture summits in Mauritania and Senegal, the World Bank is urging African countries and communities in the Sahel and the international development community to help protect and expand pastoralism on behalf of the more than 80 million people living in The …
Read More »World Bank promises support to fragile and conflict-affected regions
By Julius Businge World Bank Group President Jim Yong Kim has said that he would direct more funding to fragile and conflict-affected states in a bid to fight poverty among the people, he said in a statement released on Oct. 1. Extreme poverty was “the defining moral issue of our …
Read More »More jobs, more prosperity for Ugandans – World Bank
By Joan Akello The World Bank says there is need for more and better jobs as a prerequisite for transforming Uganda’s economy while launching Uganda’s economic update. While Uganda’s economy has grown rapidly over the last decade and will continue to do so into the future, a significant proportion of …
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 »World Bank, DFID to release tourism report
By Julius Businge The Ministry of Tourism, Wildlife and Antiquities (MTWA), in partnership with The World Bank and DFID will be launching a report on the current status of the Tourism Industry in Uganda on Aug 1 in Kampala. A statement released by the bank on July 29 says the …
Read More »Will World Bank buy peace in DR Congo?
By Gerald Mbanda The UN involvement dates back to the 1960-1964 crisis but to date over 40 rebel groups operate in DRC The recent joint visit to the Great Lakes Region by the UN secretary General Ban Ki-Moon and World Bank President Jim Yong Kim to support a peace deal …
Read More »World Bank, IMF to release report on MDGs
By Julius Businge The World Bank in partnership with the Economic Policy Research Centre (EPRC) will on May 3 give an update on the world’s progress towards achieving the Millennium Development Goals (MDGs). The event will be held at Makerere University. The report, titled Global Monitoring Report (GMR) is jointly …
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