• Latest
President Museveni advises African Presidents to carefully exermine intentions of world Bank loans

President Museveni advises African Presidents to carefully exermine intentions of world Bank loans

April 29, 2024
Motorcycle Dealers Asked to Issue ISO Standard Helmets Per Sale

Seku applauds boda boda leaders for championing Patriotism

August 1, 2025
Dr. Ayo Appointed New World Bank Country Director for Uganda

Dr. Ayo Appointed New World Bank Country Director for Uganda

August 1, 2025
VINAStech Advert
Bridging the Protection Gap in Uganda’s Green and Agricultural Economy

Powering Africa’s Future with Clean Cooking

August 1, 2025
Uganda’s Energy Transition Plan leaves women behind

Op-Ed: How climate change amplifies inequality for women

August 1, 2025
Environmental Experts Push for LPG Financing to Save Forests and Protect Public Health

Why Liquefied Petroleum Gas (LPG) may not address clean cooking challenges

August 1, 2025
Man Fatally Stabbed by Brother Over Coffee

Man Fatally Stabbed by Brother Over Coffee

July 31, 2025
Kibaale Man Killed Over Family Radio Set Sale

Kibaale Man Killed Over Family Radio Set Sale

July 31, 2025
FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

FDC Cancels National Delegates Conference

July 30, 2025
FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

July 30, 2025
FDC Endorses Nandala Mafabi for Presidency

FDC Endorses Nandala Mafabi for Presidency

July 30, 2025
Vivo Energy Uganda and Uganda National Oil Company partner to develop LPG storage hub in Kabalega Industrial Park Kampala, Uganda.

Vivo Energy Uganda and Uganda National Oil Company partner to develop LPG storage hub in Kabalega Industrial Park Kampala, Uganda.

July 30, 2025
Who is the FDC Presidential Candidate? 

Who is the FDC Presidential Candidate? 

July 28, 2025
  • About Us
  • Internship
  • Contact Us
Saturday, August 2, 2025
Parrots Media
No Result
View All Result
  • Login
  • News
    Dr. Ayo Appointed New World Bank Country Director for Uganda

    Dr. Ayo Appointed New World Bank Country Director for Uganda

    Bridging the Protection Gap in Uganda’s Green and Agricultural Economy

    Powering Africa’s Future with Clean Cooking

    Uganda’s Energy Transition Plan leaves women behind

    Op-Ed: How climate change amplifies inequality for women

    FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

    FDC Cancels National Delegates Conference

    FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

    FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

    Vivo Energy Uganda and Uganda National Oil Company partner to develop LPG storage hub in Kabalega Industrial Park Kampala, Uganda.

    Vivo Energy Uganda and Uganda National Oil Company partner to develop LPG storage hub in Kabalega Industrial Park Kampala, Uganda.

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
  • News
    Dr. Ayo Appointed New World Bank Country Director for Uganda

    Dr. Ayo Appointed New World Bank Country Director for Uganda

    Bridging the Protection Gap in Uganda’s Green and Agricultural Economy

    Powering Africa’s Future with Clean Cooking

    Uganda’s Energy Transition Plan leaves women behind

    Op-Ed: How climate change amplifies inequality for women

    FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

    FDC Cancels National Delegates Conference

    FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

    FDC’s Nandala Mafabi to Run Unopposed After Amuriat’s Withdrawal

    Vivo Energy Uganda and Uganda National Oil Company partner to develop LPG storage hub in Kabalega Industrial Park Kampala, Uganda.

    Vivo Energy Uganda and Uganda National Oil Company partner to develop LPG storage hub in Kabalega Industrial Park Kampala, Uganda.

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
No Result
View All Result
Parrots Media
No Result
View All Result
Home RELIGION

President Museveni advises African Presidents to carefully exermine intentions of world Bank loans

Gilbert Akampa Kakurugu by Gilbert Akampa Kakurugu
April 29, 2024
in RELIGION
0
President Museveni advises African Presidents to carefully exermine intentions of world Bank loans
0
SHARES
0
VIEWS
Share on FacebookShare on X

By our reporter, 

National

READ ALSO

Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone

Police Urge Vigilance Amid Ongoing Terror Threats

President Museveni has delivered a statement at the 21st International Development Association (IDA) Africa Heads of State Summit in Nairobi, Kenya.

The IDA, a partnership between the World Bank and African nations seeking robust replenishment, was the setting for President Museveni to call upon his African counterparts to carefully examine the intentions behind World Bank loans.

ADVERTISEMENT

Expressing concerns over the nature of loans being received by African countries, President Museveni questioned whether these loans were truly for the prosperity of African nations or merely for the profit of others. He emphasized the importance of ensuring that loans from the World Bank were being used for private sector-led growth rather than promoting dependency.

Museveni identified a key issue hindering growth in Africa – the lack of funding and understanding of crucial growth factors such as transportation systems, electricity, raw material processing, and import substitution. He criticized the trend of funding for imports and capacity building seminars, urging African leaders to prioritize development that would benefit their economies in the long term.

Highlighting the disparity between Africa’s increasing population and its stagnant economies, President Museveni urged the IDA to provide transparency about the funding decisions that contribute to what he referred to as the “modern slavery” of Africans. He called for a reevaluation of Africa’s production and consumption patterns, stressing the importance of addressing the root causes of economic stagnation on the continent.

Related Posts

Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone
News

Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone

July 16, 2025
Police Urge Vigilance Amid Ongoing Terror Threats
Religion

Police Urge Vigilance Amid Ongoing Terror Threats

June 6, 2025
Journalists blocked from Martyrs Day Venue
Religion

Journalists blocked from Martyrs Day Venue

June 3, 2025
News

Malawian, Tanzanian Students Jet In for Uganda Martyrs Essay Awards

June 2, 2025
RELIGION

UPC Urges Reflection and Reform Ahead of Uganda Martyrs Day

May 28, 2025
News

Kasujja Warns Against Secularism as UMU Trains Chaplains to Tackle Youth Crisis

May 26, 2025
Next Post
Locals rescue four children from unknown assailant

Machete wielding thug killed in Makindye house raid

POPULAR NEWS

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

February 16, 2025

“Life Is Scum”: Kabale University Student Leaves Suicide Note, Takes Own Life

July 25, 2025

Former IGP Okoth Ogola Dies

February 14, 2025

A Love Beyond Distance: A review of Leonard Kamugisha Akida’s poetic tribute on valentine’s day

February 14, 2025

Besigye Sends Easter Message from Luzira Prison as Archbishop Kazimba Urges for Release of Political Prisoners

April 18, 2025

EDITOR'S PICK

Christians Commemorate Solemnity of the Assumption of the Blessed Virgin Mary

August 15, 2023

Besigye intercepted by police as he drove to Soroti to rally support for Moses Attan

July 24, 2022

Who owns Entebbe Airport?

November 29, 2021

iPhone founder to run for presidency in Taiwan

August 29, 2023
VINAStech advert VINAStech advert VINAStech advert
ADVERTISEMENT

About

Parrots Media

A Public Relations and Media Services Company registered and licensed to operate in Uganda and the Great Lakes Region.

Follow us

Categories

  • Business
  • BUSINESS REPORTS
  • CLIMATE ACTION REPORTS
  • Climate Change
  • COMMUNITY REPORTS
  • Education
  • Entertainment
  • FEATURES
  • Health
  • Lifestyle
  • News
  • News
  • OBITUARY
  • Obituary
  • Opinions
  • RELIGION
  • Religion
  • Science and Technology
  • Sports
  • Sports and Entertainment
  • TOURISM

Recent Updates

  • Seku applauds boda boda leaders for championing Patriotism
  • Dr. Ayo Appointed New World Bank Country Director for Uganda
  • Powering Africa’s Future with Clean Cooking
  • Op-Ed: How climate change amplifies inequality for women
August 2025
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
  • About Us
  • Internship
  • Contact Us

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

No Result
View All Result
  • Parrots Media
  • News
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Lifestyle
  • Others
    • Climate Change
    • Education
    • Religion
    • Opinions

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page