President Yoweri Kaguta Museveni has met a delegation from the World Bank, reaffirming Uganda’s commitment to infrastructure development and agro-industrialisation as key drivers of economic growth.
The meeting took place at State Lodge Nakasero, where the World Bank team was led by Qimiao Fan and Country Manager Francisca Ayodeji Akala.
Museveni welcomed the institution’s support for Uganda’s Standard Gauge Railway (SGR) and agricultural industrialisation agenda.
He emphasised the role of infrastructure in reducing the cost of doing business, highlighting railways, electricity, and access to affordable financing as critical enablers.
“Railways, electricity, and affordable financing are key to lowering production costs,” Museveni said.
The President also praised the World Bank’s broader development approach, saying its efforts are contributing to global prosperity.
“The World Bank are now becoming Christians, by promoting global affluence & prosperity for everyone in the world,” he added.
Officials say the discussions focused on strengthening cooperation in key sectors to support Uganda’s long-term economic transformation.
news
