News

The World Bank has named Francisca Ayodeji (Ayo) Akala, a Nigerian national, as the new Country Manager for Uganda, effective ...
These include Arua, Gulu, Lira, Soroti, Mbale, Jinja, Masaka, Mbarara, Fort Portal and Hoima, Kabale, Moroto, Tororo, Kitgum, ...
The World Bank has appointed Francisca Ayodeji Akala as the new Country Manager for Uganda, effective August 1, 2025. Known widely as Ayo, she will oversee a $4.5 billion portfolio comprising 18 ...
The World Bank said on Thursday it would resume funding to Uganda, nearly two years after the global lender suspended new financing to the country in response to an anti-LGBT law that imposes ...
Investing.com -- Fitch Ratings has affirmed Uganda’s Long-Term Foreign-Currency Issuer Default Rating at ’B’ with a Stable Outlook, citing favorable growth prospects balanced against fiscal challenges ...
Despite ongoing global challenges, economic activ¬ity in Uganda has been robust and the economy remains buoyant, with real Gross Domestic Product (GDP) increasing to 6.1% in fiscal year 2023/2024 from ...
Despite ongoing global challenges and geopolitical tensions, economic activ¬ity in Uganda has remained robust. According to a new World Bank report, real gross domestic product (GDP) grew by 6.1% in ...
As President Yoweri Museveni keeps reminding us, Uganda’s economy then was an enclave economy dependent only on cotton, coffee, copper, tobacco, tea and tourism.
The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure. • Targets long-term investors, cuts borrowing costs vs short-term, ...
The World Bank’s new study, drawing on UNESCO, OECD, and other research, warns that simply exposing children to technology is ...
The return of electricity distribution to state hands has sparked a dispute with the private company that was ousted ANALYSIS ...
Akala, a Nigerian national, as the new Country Manager for Uganda effective August 1, 2025. She will lead a country portfolio currently worth $4.5 billion, which includes 18 active projects that cover ...