The World Bank has, in its latest forecast, painted Uganda’s economic prospects for 2024 as much brighter compared to her neighbours in the Sub-Saharan Africa region. The World Bank published…
In an effort to boost Uganda’s renewable energy sector, key stakeholders met at the “Renewable Energy Business Accelerator Dialogue,” to address critical issues surrounding Small and Medium Enterprises (SMEs) in…
In 2022, Uganda received USD 1.3bn in remittances from its diaspora community according to a World Bank and KNOMAD report. This would account for about 4.5% of Uganda’s GDP and…
As Uganda comes to terms with the suspension by the World Bank of any future lending to the country over its recent passing of the Anti-Homosexuality Act (AHA) and what…
By Nathan Were The island nation of Sri Lanka is not poor. Its per capita GDP – when adjusted for purchasing power – is higher than South Africa, Peru, Egypt,…
As the team at Kampala Capital City Authority (KCCA) enters the final stage of evaluating contractors for upcoming road projects, some bidders, afraid of the process, have resorted to blackmail….
Uganda’s Emmanuel Nyirinkindi has been appointed to a senior job at the World Bank is an endorsement for locally bred capabilities and professionals. Nyirinkindi was last week appointed the vice…
The government is in advanced stages to secure UGX1.4 Trillion from the World Bank to support the free Electricity Connections Policy (ECP). According to the Minister of Energy and…
The World Bank has appointed Keith Hansen as the new Country Director for Uganda, Rwanda, Somalia, and Kenya effective September 8, 2020. Hansen who will be based in Nairobi, Kenya…
Uganda has received a US$ 31.6m (UGX116.7 billion) loan from the African Development Fund (ADF) to help in the response to the Coronavirus (COVID-19) pandemic. In a statement sent out…
