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Keep Your Loans: President Museveni Fires Back at the World Bank Over Funding Suspension

August 10, 2023August 10, 2023

Ugandan President Yoweri Museveni has fired back at the World Bank’s decision to freeze loans to the nation following the enactment of Uganda’s controversial anti-LGBTQ law. Declaring the nation’s self-sufficiency from external financial support,…

Business/News

Kenya Granted Ksh 20B Development Loan By World Bank

August 7, 2023August 7, 2023

The World Bank has granted Kenya a Ksh20 billion loan to fund projects targeted at job creation, entrepreneurship, and marginalized communities. The Kenyan government will use the Ksh 20 billion from the…

News

President Ruto Slams IMF, World Bank Over ‘Unfair’ Lending System

June 23, 2023June 23, 2023

President William Ruto has said the financial architecture must be of equals. He explained that the resources should neither be controlled by the World Bank nor the International Monetary Fund. “Africa does…

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