Wednesday, December 11, 2019

DT 14 / 2004

President Museveni gives green light to Karuma Falls

NORPAK, the Norwegian developer of Karuma Falls in Uganda, has been officially informed that President Yoweri Museveni has decided that the hydropower project should be initiated.

Acres signs last Bank contract in Uganda one week before debarment

The Canadian consultant firm Acres currently has six World Bank-financed contracts, despite the fact that it was blacklisted on July 23 by World Bank President James Wolfensohn due to fraud.

ADB: non-legal measures ‘more efficient’ in combating corruption

An international system for controlling corruption in multilateral aid-financed projects is nowhere in sight. Two multilateral financing institutions with anti-corruption mechanisms - the Asian Development Bank (ADB) and the World Bank - follow very different rules.