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World Bank

Medium shot of Ugandan President Yoweri Museveni signing an official act into law at State House.

Museveni’s new foreign funding law deepens fears over shrinking political space

New foreign funding law has drawn criticism from opposition figures, rights groups, and development partners
Scattered South African rands notes against a white background.
Middle East war

The Middle East war is hurting Africa. Here is how the continent fights back

As the Middle East war pushes African currencies lower and borrowing costs higher, a Pretoria scholar sets out how the continent must respond
President Yoweri Museveni is pictured with Mukami Kariuki (right), the outgoing World Bank country manager for Uganda, and Qimiao Fan (second from left), the World Bank country director for Kenya, Rwanda, Somalia and Uganda, at State House in Entebbe on 28 July 2025. To the feft of Mr Fan is an unidentified woman.

President Museveni bids farewell to outgoing World Bank country manager, Mukami Kariuki

Ms Kariuki, who assumed her role on 1 August 2021, has led the World Bank’s engagement with the Ugandan government, overseeing the implementation of key development programmes
The World Bank Group headquaters in Washington D.C.

Growth in sub-Saharan Africa set to strengthen as other regions struggle with the impact of US trade barriers

Sub-Saharan Africa is one of two regions expected to strengthen their economies this year, despite the fact that most of the world is set to experience its slowest pace of growth since 2008
The World Bank headquarters in Washington DC during the 2012 IMF/World Bank Spring Meetings, 16 April 2012

World Bank names new country director for Uganda, Kenya, Rwanda, and Somalia

Qimiao Fan, a Chinese national, will oversee the design and implementation of the World Bank's assistance programme for the four countries
A large group of youths protesting against proposed tax increases in Nairobi, June 2025

The roots of the economic turmoil that led Kenyan youth to take to the streets

Corruption, a perennial problem in Kenya, has become a major source of anger; young people, who see corruption everywhere, from the street to offices, feel that it has stolen their future
Electricity infrastructure in Pemba, Tanzania. In May 2010, a submarine cable brought electricity from Tanga to Pemba (and on to the mainland). The cable was buried in the picturesque surroundings of Mkumbuu; three metres into the ground before rising to a mast about 120 metres from the water's edge. The cable continues to the Wesha substation, where "feeders" distribute the power to the island's grid. Norway paid NOK 475 million (out of a total cost of NOK 575 million). Norway also provided technical assistance to the project. The cable is now operated and maintained by the Zanzibar Electricity Corporation (ZECO).
World Bank

Tanzania is a showcase for World Bank funding

The International Development Association is a major source of support for African countries struggling with mounting debt and shrinking fiscal space
Servers in a data centre

Uganda seeks $146mn Chinese loan for national fibre-optic project

China also funded the first three phases of the national fibre-optic backbone infrastructure project
International Finance Corporation (IFC) headquarters in Washington DC., 2013. IFC is part of the World Bank Group. © Simone D. McCourtie/World Bank

Another reason to reform the World Bank: its private sector arm funds projects that fuel violent conflict

Study of International Finance Corporation projects between 1994 and 2022 shows that they lead to a significant increase in armed conflict events one year later

More World Bank

8 December 2016

Parliament gives approval for $103 rural electrification loans

Parliament on Wednesday approved two motions that allow the government to borrow $102.88 million for rural electrification projects. The government will borrow $91.5 million from the World Bank and $11.32 million from Kuwait.

Electricity pylons
26 October 2016

Ease of doing business: Uganda climbs seven places in World Bank ranking

Uganda has moved up seven places in the World Bank's latest Doing Business Report, coming in at 115 out of 188 economies. The report investigates regulations that improve or constrain the operations of small to medium-size domestic businesses.

Downtown Kampala
14 September 2016

World Bank withholds new lending to Uganda

A statement released by the World Bank yesterday says it is withholding "new lending to Uganda effective August 22, 2016," citing performance issues in its Uganda portfolio.