Source: African Development Bank Group (AfDB) |

Uganda tops African Development Bank’s Electricity Regulatory Index for fourth consecutive year

Other strong performers include East African neighbours, Kenya and Tanzania, as well as Namibia and Egypt

For the fourth consecutive year, Uganda’s electricity sector is Africa’s best regulated across a number of key metrics, according to the African Development Bank’s (www.AfDB.org) 2021 Electricity Regulatory Index. Other strong performers include East African neighbours, Kenya and Tanzania, as well as Namibia and Egypt. The 2021 Electricity Regulatory Index, an…

Source: African Development Bank Group (AfDB) |

Uganda Launches Last-mile Connectivity to Increase Electricity Access to Rural Communities

The African Development Bank in September 2015 extended a $100 million loan to the government for the project

With support from the African Development Bank (www.AfDB.org) and other partners, the Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project in Iganga in the eastern Luuka District. During the 14 September 2021 event, the Ministry of Energy and Mineral Development handed over electricity…

Source: African Development Bank Group (AfDB) |

Green banks and national climate funds have a key role in mobilizing funds for low-carbon, climate-resilient development in Africa: report

The ground-breaking study, released on Tuesday 23 March, is expected to underpin development of a multi-country climate finance initiative in Africa

The African Development Bank and the Climate Investment Funds [CIF (https://bit.ly/3vSPNtq)] have joined forces (https://bit.ly/2OQ4QU9) to produce a study of the role of green banks and national climate change funds in mobilizing finance to support low-carbon, climate-resilient development in Africa. The ground-breaking study (https://bit.ly/2OY4mv7), released on Tuesday 23 March, is…

Source: African Development Bank Group (AfDB) |

Uganda: African Development Bank signs $229.5 million financing agreement for the Kampala-Jinja Expressway Project

The Kampala-Jinja Expressway Project will cut travel time and boost trade along an important artery linking Uganda with its neighbors

The African Development Bank (www.AfDB.org) and the Government of Uganda on Tuesday signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors. The Kampala-Jinja Expressway Public-Private Partnership (PPP)…

Source: African Development Bank Group (AfDB) |

African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA), African Guarantee Fund, partner to unlock $1.3 - $2 billion in loans to women entrepreneurs

Financial institutions in Cameroon, Democratic Republic of Congo, Kenya, Rwanda, Tanzania and Uganda are signing on to the program

The African Development Bank’s (www.AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) program has agreed a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned Small and Medium Sized Enterprises (SMEs) in Africa, by working with financial institutions to enhance their…

Source: African Development Bank Group (AfDB) |

African Development Bank, partners, host online workshop on enhancing water security in the Greater Horn of Africa

The virtual discussion, held on 15 December, was hosted by the Bank’s Water Development and Sanitation Department and the African Water Facility

The African Development Bank (www.AfDB.org) and the Intergovernmental Authority on Development (IGAD) (https://bit.ly/3nDsT4E), a regional organization of Horn of Africa countries, held a webinar to discuss the pressures affecting water security in the Greater Horn of Africa and how the Bank can support regional member countries to better respond to…

Source: African Development Bank Group (AfDB) |

Uganda: African Development Bank grants $500,000 for capacity development of Micro, Small and Medium Enterprises (MSMEs) within the petroleum sector

The project aims to support inclusive private sector growth and the creation of an estimated 500 jobs along the pipeline

The African Development Bank (www.AfDB.org) and the Government of Uganda have signed a $500,000 grant agreement for financing of Micro, Small and Medium Enterprises (MSMEs) to boost business linkages on the East African Crude Oil Pipeline Technical Assistance project. The project’s overall objective is to help develop capacity of local…

Source: African Development Bank Group (AfDB) |

Uganda tops African countries with well-developed electricity regulatory frameworks - ERI 2020 report

The third edition of the ERI report was launched during the Digital Energy Festival of the Africa Energy Forum, on 5 November 2020

Uganda has for the third time in a row emerged as the top performer in this year’s Electricity Regulatory Index Report published by the African Development Bank (www.AfDB.org). The East African country, along with Namibia, Tanzania, Zambia and Kenya, the other top performers, have regulators with the authority to exert…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

25 young African agripreneurs advance to ‘boot camp’ in the African Development Bank’s $120,000 AgriPitch Competition

The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals online to a panel of experts and investors who will select the winners

Twenty-five young African agripreneurs have advanced to the “boot camp” final round of the African Development Bank’s (www.AfDB.org) AgriPitch competition, stepping closer to a share of $120,000 in seed funding prizes, training and other benefits. The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their…

Source: African Development Bank Group (AfDB) |

COVID-19 stresses the need to transform Africa’s water, sanitation and hygiene services sector (By Osward M. Chanda)

The SWA Africa Region Finance Ministers’ Meeting held 4 November, highlighted a need for the continent’s Ministers of Finance to place more focus on and increase investments for water, sanitation and hygiene (WASH)

By Osward M. Chanda Alarming headlines that announced the arrival of the coronavirus pandemic in Africa in March 2020 have given way to stories of chin-stroking scientists wondering about the reasons for the relatively mild impact – compared to other continents – which COVID-19 has had on Africa. More than…