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Tag Archives: World Bank

World Bank supports Rwanda energy sector

Off-grid power to meet connectivity targets Kampala, Uganda | DIAS NYESIGA | The World Bank is happy to be a strategic partner of the Government of Rwanda in the energy sector, according to Yasser El-Gammal, World Bank country manager for Rwanda. He was speaking about the 2018/19 fiscal year budget that was …

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World Bank: African Economic growth at 3.1% in 2018

Kampala, Uganda | THE INDEPENDENT | The World Bank projects Sub-Saharan Africa to garner an economic growth of 3.1 percent in 2018, and increase of over one percent from 2017. Recent data in the Africa Economic Update released Wednesday afternoon point to a moderate strengthening of economic growth in early 2018. …

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Rethinking Rwanda’s town

Kampala, Uganda |  AGENCIES | World Bank says growth higher than stated Large scale urbanisation has already taken place in Rwanda, with the pace of it much faster than official records suggest because the definition of urban areas needs refining. Urbanisation appears to have had a positive impact on structural …

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Rwanda targets 563MW of power

Deal signed with World Bank Kampala, Uganda | THE INDEPENDENT | The World Bank Group and the Government of Rwanda have signed a $125 million Financing Agreement for the First Programmatic Energy Sector Development Policy operation. is a concessional loan designed to boost companies in involved in the energy generation sector under …

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COMMENT: Banking on the unbanked

By ignoring poor people’s needs, financial institutions are overlooking a massive potential market COMMENT | REETA ROY | In a sea of gloomy news, one bright headline appears on the horizon. The World Bank’s latest figures on individuals’ bank accounts, to be released early next year, are expected to show that …

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