World Bank Unveils Decade-Long Strategy to Accelerate Uganda’s Private Sector Growth

On 4 June 2026, the World Bank Group Board endorsed a 10-year Country Partnership Framework for Uganda covering 2026 to 2035.

A decade-long financing and reform plan

The framework aligns with Uganda’s Vision 2040 and the Fourth National Development Plan. It centres on four outcomes: stronger economic governance, healthier and better-skilled people, better-connected communities, and a more productive and inclusive private sector.

Jobs sit at the core of the plan. That focus matters in Uganda, where 600,000 to 700,000 young people enter the labour market each year.

The strategy also sets clear delivery targets. These include doubling energy access to 50 million people by 2035 from 25 million today. It also aims to provide 22 million people with health, nutrition and population services. In education, it seeks support for 10 million students. Transport upgrades are meant to benefit 20 million people. Financial services access should extend to 14 million people and businesses, including 9 million women. Agricultural yields in targeted value chains are also set to rise by 100%.

What it means for investors

For investors, the Uganda World Bank strategy signals a broad pipeline across energy, transport, agriculture and financial services. The World Bank Group said it expects an indicative lending programme of about US$2 billion per IDA three-year cycle. That builds on an existing US$4 billion portfolio.

The package goes beyond sovereign lending. It uses a One WBG approach that combines IDA financing, IFC investment and advisory work, and MIGA guarantees. That structure is meant to lower risk and improve bankability for private capital.

The World Bank Group said the framework could catalyse up to US$1.3 billion in private investment. It also aims to mobilise a further US$2.5 billion from private capital markets. Together, those figures point to a more active role for co-financing and risk-sharing over the decade.

Francisca Ayodeji Akala, the World Bank Country Manager for Uganda, said the CPF will support investment in people, infrastructure and institutions. For markets, the key test will be execution across reforms, project delivery and private sector participation. Investors will watch how quickly energy, logistics and financial inclusion projects move from strategy to spend under the Uganda World Bank strategy.

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