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Tag Archives: AFDB

EAC shifts focus on Uganda-Kenya expressway

SPECIAL REPORT | THE INDEPENDENT | The feasibility studies for a transnational expressway connecting Uganda and Kenya is due to commence following the handing over of the site to the contractors. The 256km multinational expressway will run from Kakira in Jinja District, Uganda, through Busitema to Malaba and Busia, onwards to …

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Activists demand juicy jobs for women in Green Economy

Kampala, Uganda | THE INDEPENDENT | The Inclusive Green Economy Network-East Africa (IGEN-EA) calls upon East African governments to invest in green economic sectors that drive women’s participation in the economy. In its International Women’s Day 2024, IGEN-EA which is a coalition of civil society organizations and private sector entities says …

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World’s 20 fastest-growing economies in 2024

Uganda listed among Africa countries dominating the list, according to the African Development Bank ANALYSIS | AGENCIES | Africa dominates list of the world’s 20 fastest-growing economies in 2024, according to a macroeconomic report the African Development Bank says in its latest macroeconomic report. The African Development Bank Group said in …

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AfDB: Africa dominates list of the world’s 20 fastest-growing economies in 2024

Uganda among 11 African countries projected to experience a strong economic performance forecast alongside  Rwanda, Tanzania and Ethiopia Kampala, Uganda | THE INDEPENDENT | Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) …

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Rwanda, AfDB launch center to build aviation industry skills

KIGALI, RWANDA | Xinhua | The African Development Bank (AfDB) and Rwanda have launched a Center of Excellence for Aviation Skills project to meet national and international aviation training standards and industry demand. The 26.6-million-U.S.-dollar project is in line with Rwanda’s national development strategy, Vision 2050, which underpins the need …

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China’s infrastructure investments spur growth in Africa

NAIROBI | Xinhua | China’s massive infrastructure investments in Africa are driving the continent’s economic growth, an African Development Bank (AfDB) official said Thursday. AfDB Secretary-General Vincent Nmehielle told journalists in Nairobi, the capital of Kenya, that the Asian nation has financed infrastructure projects through bilateral agreements with African countries …

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AfDB introduces new model to help turn Ugandan economy

Kampala, Uganda | THE INDEPENDENT | Uganda has been selected among five African countries to be supported by the African Development Bank to develop circular economy policies. A circular economy is an economic system based on the reuse and regeneration of products to continue production sustainably, minimizing waste, and increasing …

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