World Bank Group Launches Ten-Year Strategy to Drive Jobs and Prosperity in Uganda

The World Bank Group (WBG) has endorsed a new 10-year strategy for Uganda, designed to accelerate economic transformation and create more opportunities for its rapidly growing population. The Country Partnership Framework (CPF) for 2026-2035 aligns with Uganda's national development plans and aims to leverage the country's potential, including its young demographic and natural resources, into sustained improvements in productivity and livelihoods.

Job creation is central to the WBG's new strategy, recognizing it as the most effective path out of poverty and a foundation for shared prosperity. With hundreds of thousands of young people entering the labor market annually, Uganda faces the challenge and opportunity of boosting productivity and expanding access to higher-quality employment. "Uganda has extraordinary assets: a young population full of potential, abundant natural resources, and a government committed to long-term transformation," said Francisca Ayodeji (Ayo) Akala, World Bank Country Manager for Uganda. "The CPF is our commitment to walk alongside Uganda over the next decade by investing in its people, infrastructure, and institutions that will power prosperity and translate growth into jobs and better living standards."

The strategy is structured around four key outcomes: strengthened economic governance, healthier and better-skilled people, better-connected communities, and a more productive and inclusive private sector. A significant aspect of the CPF is the "One WBG" approach, which integrates financing from the International Development Association (IDA), investments from the International Finance Corporation (IFC), and guarantees from the Multilateral Investment Guarantee Agency (MIGA) to maximize impact and responsiveness.

Over the next decade, the WBG plans to mobilize substantial resources to support Uganda's development priorities. Specific targets include doubling energy access to 50 million people, providing quality health services to 22 million, supporting 10 million students with better education, improving transport infrastructure for 20 million, extending financial services to 14 million people and businesses, and achieving a 100% increase in agricultural yields in targeted value chains.

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Uganda has extraordinary assets: a young population full of potential, abundant natural resources, and a government committed to long-term transformation. The CPF is our commitment to walk alongside Uganda over the next decade by investing in its people, infrastructure, and institutions that will power prosperity and translate growth into jobs and better living standards. When Ugandans work, families thrive and communities grow.