Tag Archives: AFDB

Uganda has dropped to eighth spot on the Africa Visa Openness Index this year according to the latest rankings published on Dec.13 by the African Development Bank (AfDB) and the African Union Commission.  Kampala, Uganda | RONALD MUSOKE | The Africa Visa Openness Index which has been published since 2016 …

Abidjan, Ivory Coast | THE INDEPENDENT |  For the fourth consecutive year, Uganda’s electricity sector is Africa’s best regulated across a number of key metrics, according to the African Development Bank’s 2021 Electricity Regulatory Index. Other strong performers include East African neighbours, Kenya and Tanzania, as well as Namibia and …

Sub-region avoided recession in 2020 but political fragility and limited economic diversification impacted growth in some countries Kampala, Uganda | RONALD MUSOKE | East African economies will fully recover from the COVID-19 induced recession in 2023, thanks to increased roll-out of vaccines, recovery in the global economy, rising commodity prices, …

Nairobi, Kenya | Xinhua | East Africa’s economic growth is projected to rise to 4.1 percent in 2021, up from 0.4 percent in 2020, the African Development Bank (AfDB) said on Thursday. According to the East Africa Regional Economic Outlook 2021, the economic performance will be boosted by the ongoing global …

Kampala, Uganda | THE INDEPENDENT | The Global Center on Adaptation in partnership with the African Development Bank (AfDB) has launched a call for applications for the first African Youth Adaptation Solutions (YouthADAPT) Challenge. The call for applications invites young entrepreneurs, innovators from micro, small and medium-sized enterprises (MSMEs) and other …

Money is part of Shs 1.2tn loan from AfDB Kampala, Uganda | RONALD MUSOKE | On May 11, the African Development Bank (AfDB) and the government of Uganda signed two financing agreements worth US$ 348 million (about Shs 1.2 trillion) to rehabilitate and improve road infrastructure within Kampala City and …

The Bugolobi-Nakivubo wastewater treatment plant is now operational. The wastewater treatment plant, the largest in the country, takes care of the effluent from the capital Kampala. It is designed to reduce pollution of Lake Victoria. | THE INDEPENDENT | Seven years after the construction of the Bugolobi-Nakivubo wastewater treatment plant …

 To borrow or not to borrow for infrastructure? Kampala, Uganda | IAN KATUSIIME | Julius Kapwepwe, the director of programmes at Uganda Debt Network, a debt monitoring NGO, Uganda’s national says, to control the country’s spiraling debt, the Ministry of Finance officials must ask themselves some questions every time they …

Global leaders commit to mobilise US$2bn to accelerate climate change adaptation Kampala, Uganda | RONALD MUSOKE | As Africa struggles to emerge from shocks caused and accelerated by climate change amidst the COVID-19 pandemic, world leaders have committed to prioritise actions that will help the continent emerge stronger, healthier and …

  Equity Group Holdings plans Trans-Africa expansion with $100 Million (Ksh 11 Billion) loan from the African Development Bank (AfDB)  ✳️ AFDB facility will support Equity’s expansion in East and Central Africa and ensure MSMEs have access to capital to recover and thrive in a Post COVID-19 Environment ✳ The …