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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
December 8, 2023
Digital Economy
Infrastructure
Politics & Policy
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
November 27, 2023
Politics & Policy
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
November 16, 2023
Opinion
Politics & Policy
What the World Bank’s aid freeze says about the struggle over funds and sovereignty
Despite its insistence on national ownership of its projects, the World Bank uses its loan portfolio to govern and control its clients
November 7, 2023
Politics & Policy
After 50 years, the World Bank and IMF return to Africa, and with them a dated approach
The two institutions' one-size-fits-all approach to Africa is one of several flaws limiting their effectiveness in addressing current global challenges
October 6, 2023
News
Opinion
Politics & Policy
Brics alliance strengthens as six nations join inclusive global club
The Brics alliance is counting on its expansion to strengthen global governance reform and offer an alternative to Western-dominated institutions
August 25, 2023
Opinion
Politics & Policy
World Bank’s loan freeze tests its supposed non-political stance
The World Bank's recent decision to halt new loans to Uganda over its anti-homosexuality law highlights the blurred lines between economics and politics, raising questions about its approach to navigating complex social issues
August 17, 2023
Economy
Politics & Policy
The World Bank and IMF are using flawed logic in their quest to do away with the informal sector
Recent reports by the World Bank and the IMF claim, wrongly, that informal economies undermine efforts to boost tax income and economic growth
November 8, 2021
Economy
Politics & Policy
World Bank agrees $300m coronavirus loan to Uganda
The World Bank Group said on Tuesday that its board had approved $300m in budget support for the Uganda government to boost its fight against the coronavirus and to support the economy
June 30, 2020
Politics & Policy
World Bank approves Shs182bn loan for Uganda’s desert locust response
The World Bank said on Thursday its board approved a low-interest loan to support Uganda’s desert locus response and strengthen its emergency response systems
May 21, 2020
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