Tag Archives: World Bank

Uganda Economic Update: Investing $2 Billion Will Put One Million More Children in School Kampala, Uganda | THE INDEPENDENT | An increase in government spending on education would improve enrollment and the quality of learning in Ugandan schools, raising the human capital necessary to sustain productivity and economic growth, according to the …

Kampala, Uganda | THE INDEPENDENT | Uganda is not spending enough on developing the future productivity of its citizens. Consequently, a child born in Uganda will only be 38 per cent as productive when they grow mainly because they don’t enjoy complete and good quality education and full health, a study …

  Kampala, Uganda | THE INDEPENDENT | The World Bank’s Board of Executive Directors approved a grant of $150 million in additional financing from the International Development Association (IDA) to boost an ongoing project to improve access to basic social services, expand economic opportunities, and enhance environmental management targeting both …

Kampala, Uganda | THE INDEPENDENT | Three garbage trucks have been commissioned by the Minister for Kampala and Metropolitan Affairs, Beti Kamya. Donated by the World Bank funded Lake Victoria Environment Management Project (LVEMP), the trucks were commissioned on Friday morning. The project which supports all countries that boarder Lake …

Kampala, Uganda | THE INDEPENDENT | One of Kenya’s leading independent pension administrators has joined has joined Uganda’s pension after being licensed by Uganda Retirement Benefits Authority. Enwealth Financial services formerly operating as Liberty Pension Services in Kenya joins the liberalized pension sector in Uganda to provide retirement benefits. Unlike National …

Kampala, Uganda | THE INDEPENDENT | Lira municipality has recorded a slight increase in local revenues, thanks to the improved infrastructure under the Uganda Support to Municipality Infrastructure Development- USMID project. The Project, funded by the World Bank has seen key infrastructural installations set up. Roads in the Central Business District …

Bangui, Central African Republic | AFP | “When I decided to come back, my friends took me for a fool,” recounts Clement Ndotizo, who spent a decade in France before returning to settle in his native Central African Republic, one of the world’s least-developed and most dangerous countries. But a “fool”, …

Kampala, Uganda | THE INDEPENDENT |  Municipal mayors and Town clerks have opposed new guidelines in the Uganda Support to Municipal Infrastructure Development-USMID project operational manual. The officials argue that the new guidelines are very stringent and affect the implementation of the project. They require that the beneficiary municipalities and districts …

Kampala, Uganda | THE INDEPENDENT | As 2018 comes to an end, extreme poverty is at the lowest level in recorded history but is expected to become increasingly concentrated in one region. A record number of people have been forcibly displaced from their homes, and an influential new report confirms we’re …

Gulu, Uganda | THE INDEPENDENT |  Agriculture can provide jobs to Uganda’s unemployed youth if well harnessed, according to the twelfth Uganda Economic Update published this week by the World Bank. According to a World Bank statement, the report, “Developing Uganda’s Agri-Food System for Inclusive Economic Growth,” notes that the …