Matooke Republic
Thursday, March 19, 2026
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Uganda gets Shs180b loan from World Bank to fight locusts

William Kasoba by William Kasoba
May 22, 2020
in News
Reading Time: 1 min read
Yellow locusts.

Yellow locusts.

Share on FacebookShare on Twitter

The World Bank’s Board of Executive Directors have approved financing of $48 million (about Shs180 billion) from the International Development Association (IDA) to help Uganda prevent and respond to the threat to livelihoods posed by the desert locust outbreak.

Since February when the first swam of locusts invaded Uganda, the flying insects have infested 24 districts in six sub-regions of Uganda, including Acholi, Karamoja, Lango, Sebei, Teso, and Bugisu.

An assessment carried out by Food and Agriculture Organisation (FAO) and the World Food Program (WFP) in Karamoja and Teso shows it would cost between $12 million and $42 million to safeguard and restore livelihoods if surveillance and locust management measures are lacking or ineffective. 

RELATED POSTS

Bobi Wine begins international engagements in the US

High Court dismisses Gukina’s kibanja claim on Speke Hotel’s beachfront land

The Emergency Locust Response Program is expected to support 950,000 direct beneficiaries and about 1,200,000 indirect beneficiaries in the locust-affected districts.

“The locust invasion could coincide with the start of the planting season, which will likely affect the main staple crop production and the regeneration of grasslands for livestock feeds. These resources are timely to support affected households cope, and to strengthen Government’s response efforts,” said Tony Thompson, Country Manager, World Bank.

Related

Tags: locust invasionWorld BankWorld Food Program
ShareTweetSend
William Kasoba

William Kasoba

Related Posts

Parliament approves Shs2 trillion World Bank loan to urbanise Kampala city

by Matooke Republic
3 years ago

...

MP Asuman Basalirwa.

MP Basalirwa threatens to sue World Bank over loan suspension

by Matooke Republic
3 years ago

...

Bobi Wine reacts to World Bank’s loan suspension over Anti-Homosexuality law

by William Kasoba
3 years ago

...

Gov’t warns of another locust invasion

by Matooke Republic
4 years ago

...

NTV’s Josephine Karungi lands new job at World Bank

by Matooke Republic
5 years ago

...

Next Post
Sumerged and destroyed houses. COURTESY PHOTOS/Winnie Kiiza/URCS.

PHOTOS: Eight people confirmed dead, houses submerged as floods keep ravaging Kasese

The DJs enjoying their Tusker beers recently. PHOTOS BY ASIIMWE VINCENT SMOKY/Matooke Republic.

UBL rewards customers with goodies and gift hampers

EC EC EC

RECOMMENDED

Bobi Wine begins international engagements in the US

March 19, 2026
From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the FY 2025 Investor Briefing event. Equity Group Holdings Plc posted a 55% growth in Profit After Tax to Kshs. 75.5 billion, up from Kshs. 48.8 billion in the same reporting period in 2024, marking a record performance driven by its successful strategic transformation. The Board proposed a dividend payout of Kshs. 21.7 billion, translating to Kshs. 5.75 per share, a 35.3% increase from Kshs. 16 billion (Kshs. 4.25 per share) in 2024. Regional banking subsidiaries registered a 53% growth in profit after tax to Kshs. 36.3 billion, driven by strong performance across key markets including DRC, Uganda, and Tanzania, alongside robust loan expansion of 17% in DRC, 22% in Rwanda, and 61% in Tanzania. Diversification efforts were reinforced by strong momentum in insurance, with gross written premiums rising 75% and profit before tax increasing 36%. The Group also delivered significant social impact, investing approximately Kshs. 99.5 billion in sustainability initiatives, underscoring its continued evolution into a diversified, technology-driven pan-African financial services group.

Equity Group posts record Ksh75.5 billion profit

March 19, 2026

MOST VIEWED

  • Prison warder dies after colleague uses herbal ritual to recover stolen motorcycle

    8 shares
    Share 3 Tweet 2
  • Viana Indi leaves Next Media after just four years, reveals why

    7 shares
    Share 3 Tweet 2
  • The Opposition now appears leaderless—Ssegona advises Bobi Wine on what he should have done

    7 shares
    Share 3 Tweet 2
  • Why sexy Bettinah Tianah quit her job at NTV

    183 shares
    Share 73 Tweet 46
  • Constitutional Court nullifies controversial Computer Misuse Act

    6 shares
    Share 2 Tweet 2
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.