Tag: World Bank

The President also recalled the close cooperation between Uganda and Tanzania, citing trade, the East African Crude Oil Pipeline, the Murongo-Kyikagate mini-hydro project, roads in Tanzania, the Masaka-Bukoba transmission line and the Standard Gauge Railway, which has reached Isaka and is expected to extend towards Uganda and beyond.
According to Mukula, Uganda believes in the free and orderly movement of people, goods, services, and capital within the framework of regional laws and protocols, stating that it will continue to stand for the dignity of African brothers and sisters because Africa belongs to Africans.

U.S Unveils “Trade Over Aid” Initiative to Emphasize Private...

The program includes a Declaration of Principles that highlights national sovereignty and shared economic gains. It seeks to promote business partnerships and support conditions that attract investment across different regions, initially focusing on the Western Hemisphere.

World Bank Grants $2 Billion Concessional Support to Uganda

Uganda is set to benefit from a fresh $2 billion financing package from the World Bank over the next...

World Bank Lifts Loan Ban on Uganda Despite LGBTQ...

The World Bank has lifted a two-year freeze on new funding to Uganda, reversing a suspension it imposed in...

Money Laundering, Terrorism Financing Threaten National Security

The increasing money laundering, terrorism financing, and the proliferation of weapons of mass destruction in most African countries have...

Museveni Directs Special Probe into GROW Project Bribery, Extortion...

President Yoweri Kaguta Museveni has ordered a thorough investigation into an allegation that some women were made to pay...

Busoga Leaders Want Museveni to Intervene in GROW Project’s...

The leaders of the Busoga sub region have asked President Yoweri Kaguta Museveni to immediately intervene and streamline the...

UECCC’s Price Discounts on Clean Energy Technologies to Address...

Uganda has many renewable energy resources that can be used for energy production and the provision of energy services. These resources include bioenergy, through biomass and biogas, water or hydro, solar, geothermal, and wind energy potential.

Lands Ministry to Enact Land Reforms to Boost Uganda’s...

Research indicates that land conflicts are a major issue in Uganda, affecting around 33-50% of landholders. With these conflicts, the social stability and economic development of the country can be threatened, as agriculture accounts for a large portion of the country's labor force and GDP. Over 90% of domestic disputes in Uganda are related to land conflicts.

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