World Bank

The Ugandan government has announced plans to extend internet connectivity to all sub-counties across the country using a $150 million loan secured from the Exim Bank of China.

The World Bank has appointed Qimiao Fan as the new Country Director for Kenya, Rwanda, Somalia, and Uganda, effective September 1. With over 35 years of experience in development practice, Mr.

Amb Henry Mayega

President Yoweri Museveni on Tuesday met with the new World Bank Group Country Manager, Mukami Kariuki, who was accompanied by her delegation to State House in Entebbe.

While the Covid-19 pandemic destabilized a considerable section of the economy, the Bank of Uganda (BoU), says “the banking sector remained resilient, supported by strong capital and liquidity buffers as well as BOU policy measures”.

Press Release: The World Bank Board of Directors has approved a grant of $130.8 million from the International Development Association (IDA) to ease the movement of goods and people and improve access to social services and job opportunities in the refugee hosting districts in th

International Medical Group (IMG), a Ugandan health care company has collected a $4 million (about Shs14.8 billion) loan from International Finance Corporation (IFC), a member of the World Bank Group.

Press release: The World Bank has appointed Mr. Keith Hansen as the new Country Director for Kenya, Rwanda, Somalia, and Uganda effective September 8, 2020.

The World Bank Group has paused the publication of the 'Doing Business' (DB) report after some analysts figured that some of the latest releases were dotted with fraud.

The World Bank Board of Directors Tuesday approved a $300 million budget support operation for Uganda to boost the Government’s capacity to prevent, detect and treat the coronavirus, protect the poor and vulnerable population, and support economic recovery.