World Bank Group Archives

World Bank grants Uganda $130m to support road infrastructure in refugee hosting districts

Samuel MuhimbaFinanceSeptember 12, 2020September 12, 2020

The World Bank Board of Directors has approved a grant of $130.8 million from the International Development Association (IDA) to ease the movement of goods and people and improve access to social services and job opportunities in the refugee hosting districts in the West Nile sub-region…

Gov’t to borrow a record UGX5.7 trillion for Covid-19, roads, health and private sector

Muhereza KyamuteteraThe Big StoryMay 21, 2020May 21, 2020

Government of Uganda is to borrow up to USD1.51 billion (UGX5.7 trillion) from various multilateral lenders, once Parliament approves the motions tabled before it. According to a parliament brief to…

World Bank’s IFC considering USD70 million loan to Umeme

Muhereza KyamuteteraCompany News Finance The Big StoryJune 17, 2019June 17, 2019

The International Finance Corporation (IFC) the largest global development institution and a member of the World Bank Group, has reported, they are considering lending up to USD 70 million (UGX263.2 billion)…