David T Baguma on the Senior Citizens Talk

It is not how much Wealth you gather but how much impact you make in the Lives of People” Says the Grandfather of Microfinancing. The  humble Consultant and clergy advises Uganda Government on Poverty eradication. David breaks down during the Interview, recalling the abject poverty that one family suffered that he encountered. Watch and subscribe…

World Bank to implement LGBTQ safeguards before new Uganda funding resumes

By Nakayima Ritah The government would need to revise its budget to reflect the suspension’s potential financial impact, a junior finance minister said at the time. The World Bank’s portfolio of projects in the East African country was $5.2 billion at the end of 2022. These have not been affected by the decision to suspend new financing….

Uganda defiant after World Bank halts funding over anti-LGBTQ law

President Museveni says the country will reduce borrowing and not give in to pressure from foreign institutions. President Yoweri Museveni has criticised the World Bank’s decision to suspend new funding to Uganda in response to a harsh anti-LGBTQ law and has promised to find alternative sources of credit. Museveni, who has been in office since 1986, said…

US$ 130m Boost for PNG’s Sustainable Economic Recovery

World Bank announces additional support for COVID-19 response and vaccine rollout PORT MORESBY, updated at 0111 GMT on 2nd July, 2021 – By E K Benj  The World Bank Board of Executive Directors has approved a US$100 million (PGK 352 million equivalent) operation to support Papua New Guinea in its response to COVID-19, and to lay…