World Bank Archives

Emmanuel Nyirinkindi, the newly appointed vice president of Cross Cutting Solutions at the International Finance Corporation. Courtesy photo

Ugandan Takes Senior Position at World Bank

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 president of

May 31, 2021

Thought Leadership

Minister of Energy and Mineral Development Mary Goretti Kitutu. Courtesy photo

Gov’t to Secure UGX1.4 Trillion from World Bank for Electricity Connections

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 Mineral Development

February 4, 2021

Banking & Financial Services

Keith Hansen, the new World Bank Country Director for Uganda, Rwanda, Somalia, and Kenya

New World Bank Country Director for Uganda, Kenya, Somalia & Rwanda to lead a multi-country portfolio worth US$13b

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 takes over

September 10, 2020

Banking & Financial Services·Company News

Uganda Receives UGX117bn COVID-19 Loan from African Development Fund

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 on Sunday

July 27, 2020

Banking & Financial Services

Some of the desert locusts that were captured by locals for eating. Courtesy photo

MPs Demand Accountability For Funds Spent on Locust Fight

Members of Parliament on the Committee on Agriculture want the government to account for funds spent in the fight against locusts. Uganda has spent more than UGX267 billion in loans and donations

July 22, 2020

Banking & Financial Services

Standard Chartered Bank head of Africa Research Raziah Khan

Election Uncertainty Could Delay Economy Recovery – Stanchart

The uncertainties surrounding the February 2021 polls could slow Uganda’s recovery from the battering by the Coronavirus pandemic as investors withhold investments until after the polls. According to the Standard Chartered Bank

July 20, 2020

Banking & Financial Services

World Bank Calls for Scrapping of OTT Tax

The World Bank has called for the scrapping of over-the-top tax-OTT. It argues that the move could boost access to coronavirus prevention messages for the vulnerable populations. This is the first the

July 11, 2020

Banking & Financial Services

Oil infrastructure in the Albertine. NEMA says the Tilenga and the EACOP projects were done in accordance with the laws of Uganda. File photo

Uganda May Not Produce Oil Until 2025 – World Bank

Uganda’s dream to be an oil-producing country may not be realized until 2025, the World Bank has said. In its Economic Update report, the bank says “the sharp decline in world oil

July 9, 2020

Banking & Financial Services

WB forum on Higher Education for Science ,Technology and Innovation ends

By Patrick Kagenda A two day forum organized by the World Bank ended March 13,2014 in Kigali Rwanda where the World Bank,in collaboration with H.E. Paul Kagame, the President of Rwanda, hosted

March 14, 2014

The Big Story

Government of Uganda , World Bank sign economic competitiveness agreement

Silvia Nyambura Uganda`s Ministry of Finance, Planning and Economic Development has signed a US$ 100 million line of credit with the World Bank to fund the Private Sector Competiveness and Enterprise Development

February 4, 2014

The Big Story

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