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Jun 6 results
14:19
14:19

World Bank Aims to Connect 300 Million to Electricity by 2030 Energy transition 2 Top story

Connecting 250 million people to electricity would open private sector investment opportunities in distributed renewable energy alone worth $9 billion. For the World Bank Group to connect 250 million people, $30 billion of public sector investment will be needed.
10:55
10:55

AfDB Outlines Steps Uganda Needs to Mobilize Climate Finance climate financing 1 Top story

The bank says Uganda needs 3-4 billion dollars for climate finance in the next ten years but that money is not flowing as expected. It says the private sector has contributed only 26 million dollars or 3.4%.
18:17
18:17

A Race Against Time: Economist Urges Uganda To Fasttrack Oil and Gas energy transition 1 2 Top story

Edward Sennoga, Second Lead Economist for the AfDB’s East African office said there is an opportunity for Uganda to earn from its newly found oil but time was running out.
19:00
19:00

African Development Bank Gets Fitch Triple A Rating 1 Top story

The countries where the risk remained negative include Kenya, with B+, Namibia, BB, Uganda, B+ and Ghana, B. With that rating, the bank says it will continue lending.
19:51
19:51

Makerere Honours Akinwumi Adesina For Innovative Scientific Leadership Makerere Universit 1 3 Top story

The African Development Bank President recalled his work in Uganda as the Associate Director of the Rockefeller Foundation, when he engaged the University faculty members in undertaking research on food technologies.
07:55
07:55

AfDB Approves Emergency Grant to Curb Desert Locusts in East Africa

The proposed assistance will be channelled to the Intergovernmental Authority on Development (IGAD), which has been mandated to mobilize resources on behalf of the African Union. The nine beneficiary countries are Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, Uganda and Tanzania.
Jun 6 results