World Bank Lifts Loan Ban on Uganda After Two-Year Hiatus
The World Bank has officially lifted its two-year suspension on new loans to Uganda, a freeze initially imposed in response to the country’s enactment of the 2023 Anti-Homosexuality Act. The move marks a significant policy shift, balancing development priorities with human rights concerns. The 2023 legislation, which drew widespread condemnation
Falling Commodity Prices Could Mute Inflation Risks from Trade Tensions
Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook. The decline could moderate near-term inflation risks emerging from rising trade barriers, but it could also hamper
World Bank: Economic Growth is Speeding Up in Africa, but Uncertainty Clouds Outlook
Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027. This growth is mainly due to increased private consumption and investments as inflation cools down
Flexipay Users to Win Shs 500,000 for Receiving Money in new Easter Campaign
As the Easter season approaches, Flexipay by Stanbic Bank has announced a new promotional campaign offering users the chance to win Shs 500,000 when they receive money from relatives abroad. From April 7 to June 30, 2025, customers using Flexipay’s international money transfer services will be automatically entered into a
Aid, Trade, Context and Local Solutions: The Post-USAID World
by Christopher Burke Seven weeks after President Donald Trump announced a pause in operations of the United States Agency for International Development (USAID) to assess programmatic efficiencies and consistency with US foreign policy; Secretary of State Marco Rubio, also acting administrator at USAID, announced 83 percent of the agency’s programmes
