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December 15, 2022
Africa: Trade in the African Continental Free Trade Area Could Expand Uganda's Economy
The Ugandan economy needs to grow rapidly, sustainably, and broadly to reach middle-income status, lift its population out of poverty, and generate enough jobs for one of the… Read more »
November 29, 2022
Somalia: Somalia's Economy Expected to Grow Despite Significant Shocks
omalia's economy rebounded with GDP growth of 2.9 percent in 2021, up from a contraction of 0.3 percent in 2020 and 0.5 percent higher than last year's forecast of 2.4 percent.… Read more »
November 22, 2022
Kenya: Boosting Equitable Development As Kenya Strives to Become an Upper Middle-Income Country
The World Bank Group (WBG) Board of Executive Directors today voiced its support for the WBG's latest six-year strategy to support Kenya in its ongoing efforts towards green,… Read more »
September 29, 2022
Rwanda: Sustaining Growth in Rwanda Requires Building Resilience to Climate Shocks #AfricaClimateCrisis
World Bank Group's Country Climate and Development Report calls for prioritized investments to reduce the country's vulnerability to climate change Read more »
Somalia: Somalia Receives U.S.$58 million in World Bank Financing to Develop Regional Transport Infrastructure, a First in Decades
The World Bank approved a $58 million International Development Assistance (*IDA) grant to help lay the foundation for the future development of Somalia's transport infrastructure.… Read more »
June 07, 2022
South Sudan: New World Bank Financing to Boost Access to Income Generating Opportunities for Youth and Women
JUBA, June 7, 2022- -The World Bank's Executive Board of Directors has approved $129 million in International Development Association* (IDA) grant financing to expand access to… Read more »
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