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Uganda Overview: Development news, research, data | World Bank

This is development support for host communities and refugees. In Uganda, the International Finance Corporation (IFC) provides investment and advisory services that help diversify the economy, grow agribusiness, develop energy infrastructure, and improve access to finance and jobs. As of March 2025, IFC’s committed portfolio in Uganda stands ...

700,000 Ugandans spend over a year jobless - report | Monitor

Gender, Labour and Social Development Minister Betty Amongi told reporters at the State-owned Uganda Media Centre that the government has rolled out a number of interventions to address some of ...

What USAID shutdown means for Uganda - The Independent Uganda

USAID was officially shut down on Feb.7. Aid programmes, local economy in turmoil. ANALYSIS | IAN KATUSIIME | Aid programmes in Uganda are in a severe crisis following the shutdown of United States Agency for International Development (USAID) by President Donald Trump.The shuttering of USAID, America’s primary vehicle for humanitarian assistance, has caused consternation in the developing world.

Ministry of Education set to receive shs1.19 trillion from World Bank

KAMPALA, UGANDA | THE INDEPENDENT | The Ministry of Education and Sports is set to receive a major financial boost worth US$324.8 million (approx. 1.19 trillion shillings) under the Uganda Learning Acceleration Program- ULEARN Project, following renewed support from the Global Partnership for Education (GPE) and the World Bank. The development marks a significant turnaround …

Presentation of The Fourth National Development Plan (NDPIV) to The ...

This Fourth National Development Plan (NDPIV) was informed by the NDPIII Mid-term review assessment that provided lessons, the Uganda Vision 2040 and the Government Strategy to grow the Economy 10-fold in the next 15 years, Several experts, Programme Working Groups, (SDGs, Africa Agenda 2063, EAC Vision 2050, Africa Continental Free Trade Area ...

Invest in Early Childhood Development to Transform Uganda’s Economy

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 fiscal year 2023/2024 on top of 5.3% growth registered a year before. This growth has been broad-based with significant contributions from the service sector, particularly tourism, as well as the ...

USAID Funding Freeze Puts Uganda's Development Progress at Risk

As of December 2023, Uganda reported 1,492,407 people living with HIV, with 490,000 adult men and 910,000 adult women affected. The country has made significant strides toward the UNAIDS 95-95-95 targets, with 92% of those living with HIV aware of their status, 90% receiving antiretroviral therapy (ART), and 94% virally suppressed.

Govt Seeks $175 Million Loan to Capitalise Uganda Development Bank.

UDB is a national Development Finance Institution (DFI) with a mandate to accelerate socio-economic development in Uganda through sustainable financial interventions. The bank supports projects within the private sector that demonstrate potential to deliver high socio-economic value, in terms of job creation, improved production output, tax ...

Uganda Secures €85 Million for Water and Urban Development Projects

Uganda has secured €85 million (UGX 340 billion) in funding for two major projects focused on enhancing water supply and urban development. The agreement was signed on March 12, 2025, by Finance Minister Matia Kasaija on behalf of the Ugandan government, alongside Jean-Francois Arnal, Regional Director of the French Development Agency (AFD), and French Ambassador

PDM on track despite emerging challenges - Evelyn Anite - NTV Uganda

The Central Government has so far injected over 2 trillion shillings into the Parish Development Model program, aimed at eradicating poverty among the poor in villages by allowing them to invest in profitable ventures of their choice. Although the program is still new, the State Minister of Finance ...

Museveni approves Elon Musk's satellite internet, Starlink

For Starlink, Uganda represents a key entry point into East Africa’s rapidly growing tech market. Regulatory approval to operate in the country would expand its footprint on the continent, where ...

Uganda Development Banks RISE Program Pioneers Sustainable Growth ...

The Uganda Development Bank’s role in this initiative is pivotal. By leveraging the RISE platform, UDB plans to deploy loans and investments strategically, targeting projects that prioritize innovation, sustainable industrialization, and eco-friendly socio-economic transformation.

Infrastructure projects to look out for in 2025 - The Observer

Uganda is getting ready for a politically-volatile year, which could determine the fate of a number of key infrastructure projects. ... Planning and Economic Development says the debt financing for the project might be concluded in the first quarter of 2025. The EACOP is seen as a game-changer for Uganda’s economy as it will make the country ...

Uganda - United Nations Development Programme

UNDP Uganda Annual Report 2023 . 2023 proved to be another unprecedented year for the United Nations Development Programme (UNDP) in Uganda. READ MORE . News . World Creativity and Innovation Day - Op-Ed by Ms. Nwanne Vwede-Obahor, UNDP Resident Representative .

News – The Uganda Development Trust - UDET

Industry News, Uncategorized 0 REQUEST FOR APPLICATIONS (RFA) NUMBER: RFA-USADF/SBI-24-2 Download RFA | Link to Application Stanbic Business Incubator Limited (SBIL) and Stanbic Bank Uganda (SBU), in partnership with the United States African Development Foundation (USADF), an…

Gov’t Sets 10% GDP Growth Target as House Approves New Development Plan

The plan aims to propel Uganda’s GDP from $52.2 billion in 2023/24 to $158 billion within the next five years, aligning with the Vision 2040 agenda. Presenting the plan, Amos Lugoloobi, the State Minister of Finance (Planning), highlighted key economic projections, including an increase in income per capita from $1,146 under NDP3 to $2,008 by ...

Uganda | Today's latest from Al Jazeera

Stay on top of Uganda latest developments on the ground with Al Jazeera’s fact-based news, exclusive video footage, photos and updated maps.

Uganda’s foreign investment growth surges as UIA nears 2025 deadline

When Uganda Investment Authority (UIA) rolled out the Strategic Plan 2020-2025, the strategy was to accelerate domestic and foreign direct investment for sustainable industrialization. Fast forward to today as the country nears the deadline, tentative results show there has been a 275 per cent increase in Foreign Direct Investment (FDI) contribution to Uganda’s Gross Domestic […]

News and Updates | Ministry of Finance, Planning and Economic Development

The Minister of State for General Duties, Henry Musasizi, launched the 24 th edition of the World Bank’s Economic Update on Uganda with focus on investing in Early Childhood Development (ECD) for Transformation of Human Capital in Uganda.

UDB reports Shs55b profit, projects 17,800 Jobs from funded initiatives

The Uganda Development Bank (UDB) has reported a net profit of Shs55.13 billion for 2024, following the disbursement of Shs388 billion across 171 projects in 67 districts.