East Africa: Uganda Secures Shs1tn Afrexim Bank Loan for Infrastructure Projects

East Africa: Uganda Secures Shs1tn Afrexim Bank Loan for Infrastructure Projects

The government has signed a 10-year loan agreement worth EUR 270 million (about Shs 1.1 trillion) with the African Export-Import Bank (Afrexim Bank) to finance development and infrastructure projects under the 2024/25 national budget.

Uganda Secures sh1.1 Trillion AFREXIM Bank Loan to Boost Infrastructure and Development

Uganda obtains €270m (sh1.1 trillion) AFREXIM Bank loan to finance 2024/25 budget projects in infrastructure, energy, oil, and human capital development.

Uganda Secures €270m Afreximbank Loan to Power Infrastructure, Trade and Growth

The Government of Uganda has signed a €270 million (approx. UGX 1.1 trillion) 10-year term loan facility with the African Export-Import Bank (Afreximbank) to support key projects under the country’s development budget. According to Finance Minister Matia Kasaija, the financing package will fund investments in infrastructure and human capital development aimed at accelerating sustainable growth and socio-economic transformation. The funds will su…

Uganda Secures €270 Million Afreximbank Loan to Boost Infrastructure and Development Projects

The Government of Uganda, in partnership with the African Export-Import Bank (Afreximbank), has successfully secured a €270 million 10-year term loan facility to finance critical development and infrastructure projects outlined in the FY 2024/25 national budget. The loan agreement, signed recently, underscores the growing collaboration between Uganda and African development financial institutions in driving sustainable economic growth. According…