The World Bank Group’s Board of Executive Directors has approved a new ten-year Country Partnership Framework (CPF) for Uganda.
Developed in close collaboration with the Ugandan authorities, the strategy aims to accelerate private sector-led economic transformation and create more employment opportunities.
Aligned with Uganda’s Vision 2040 and the country’s Fourth National Development Plan, the program is built around four key priorities: strengthening economic governance, improving human capital, developing infrastructure, and promoting a more productive and inclusive private sector.
For the 2026–2030 period, ambitious targets have been set. The CPF aims to double access to electricity, reaching 50 million people by 2035 compared with 25 million today. It also seeks to provide quality health and nutrition services to 22 million people, support 10 million pupils and students through a more effective education system, and improve transport infrastructure for the benefit of 20 million citizens.
On the financial side, the World Bank Group plans an indicative lending program of approximately $2 billion per three-year cycle through the International Development Association (IDA), in addition to an active portfolio estimated at $4 billion.
This initiative comes at a time when Uganda’s economy is demonstrating remarkable resilience. According to Finance Minister Henry Musasizi, economic growth reached 8.5% in the second quarter of the 2025–2026 fiscal year, up from 5.4% a year earlier, driven by strong domestic demand and productive investments.
Despite this performance, the employment challenge remains significant. Nearly 700,000 new job seekers enter the labor market each year, while the economy generates just over 200,000 jobs annually. To address this gap, the government has strengthened its entrepreneurship support and vocational training programs.
The INVITE project (Investment for Industrial Transformation and Employment), backed by a $200 million budget for 2024–2025, is part of this strategy, supporting industrialization, skills development, and the creation of sustainable jobs.
According to the World Bank, this new partnership framework will ensure the continuity of structural reforms, strengthen institutions, and maximize the long-term impact of investments, while maintaining sufficient flexibility to adapt to the country’s evolving needs.