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SADIQ
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Current Affairs / News
2025-06-12 07:02:21
World Bank Ends Nuclear Energy Financing Ban Amid Soaring Power Demand
The World Bank has lifted its long-standing ban on financing nuclear energy projects, marking a significant policy shift aimed at addressing the surging demand for electricity in developing nations. In a memo to staff on Wednesday, World Bank President Ajay Banga announced that the institution would re-engage with nuclear energy “for the first time in decades,” working in close...
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Faith02
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2025-06-05 15:27:04
World Bank Resumes Funding to Uganda After Two-Year Freeze Over Anti-LGBTQ+ Law
After a two-year suspension, the World Bank has officially resumed financial support to Uganda. The freeze, initially imposed due to the East African nation’s controversial anti-LGBTQ+ legislation, had sparked global debate and diplomatic strain. The funding suspension was a response to Uganda’s enactment of one of the world’s most stringent anti-LGBTQ+ laws, which drew...
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