Business 2 April 2026 Daily Monitor (Uganda)
World Bank Allocates Shs2 Trillion to Boost 10 Ugandan Cities
The World Bank has approved Shs2 trillion to support development in 10 cities across Uganda. The initiative is expected to generate at least 40,000 direct jobs, with 20,000 being permanent positions. Source: https://www.monitor.co.ug/uganda/business/finance/world-bank-approves-shs2-trillion-for-10-cities-5411526
The World Bank has greenlit a massive Shs2 trillion funding package aimed at enhancing infrastructure and economic growth in 10 key Ugandan cities.
This ambitious program is projected to create at least 40,000 direct employment opportunities, including 20,000 permanent jobs, significantly impacting local economies and livelihoods.
The investment will focus on urban development projects to spur job creation and sustainable growth in these urban centers.
Source: Daily Monitor (Uganda)