Tag Archives: World Bank

Nairobi, Kenya | Xinhua | The World Bank on Wednesday projected the economy in Sub-Saharan Africa to slow down to 3.6 percent in 2022 from 4 percent in 2021. The World Bank said the region’s economy is struggling to pick up momentum amid a slowdown in global economic activity, continued supply …

Kampala, Uganda | THE INDEPENDENT | The European Union has provided 8 million euros (31.8 billion shillings) towards efforts aimed at eliminating injustices related to the land tenure systems in the country. The grant to be administered by the World Bank aims at strengthening land tenure security, land administration and land …

Kampala, Uganda | THE INDEPENDENT | The National Economy Committee which is monitoring the performance of a US$150 million World Bank loan under the Agricultural Cluster Development Project (ACDP) has discovered that  Kabarole district has not received funding for most of its investment projects. Legislators doubtful of the intention of the Ministry …

Women globally still have only three quarters of the legal rights afforded to men Washington, U.S. | Xinhua | Around 2.4 billion women of working age globally are not afforded equal economic opportunity, the World Bank said in a report Tuesday. In 86 countries, women face some form of job restriction …

Kampala, Uganda | THE INDEPENDENT | Legislators on the Committee on National Economy have slammed the Ministry of Agriculture, Animal Industry and Fisheries for poorly utilising the US$150m loan borrowed to boost productivity and market for maize, rice, coffee, and beans in selected districts. The six-year loan, implemented with support from the …

  Nairobi, Kenya | Xinhua | Large-scale adoption of hydroponic and insect farming in Africa could be the answer to the continent’s hunger, poverty and ecological crisis, the World Bank said in a report launched in Nairobi on Wednesday. The report titled “Insect and Hydroponic Farming in Africa: The New …

World Bank urges a more gender inclusive recovery at latest economic update Kampala, Uganda | ISAAC KHISA | Uganda’s growth is expected to be between 3.5% and 4.0% in Fiscal Year (FY) 22 and about 5.5% in FY23; both projections are about one percentage lower than the June 2021 forecast, …

Nairobi, Kenya | Xinhua | Sub-Saharan Africa’s economy is expected to expand by 3.3 percent in 2021 after a contraction of 2 percent in 2020, the World Bank said on Wednesday. According to analysis in the Pulse, the World Bank’s twice-yearly economic update for the region, the economic recovery will …

But if it can’t rank business friendly countries, who can? COVERY STORY | THE INDEPENDENT | Since the World Bank announced it has decided to abandon its flagship “Doing Business” series after several internal audits and the publication of a damning investigation, debate has raged over the way forward. The …

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Corruption at the World Bank: But if it can’t rank business friendly countries, who can? THE LAST WORD Museveni’s Covid paranoia: Why Uganda and other African countries have consistently taken extreme and inappropriate …