Uganda Secures Shs1.1Trillion Loan from Afreximbank to Fund Infrastructure and Dev't Projects
The Government of Uganda has secured a €270 million (approx. UGX 1.1 trillion) 10-year loan facility from the African Export-Import Bank (Afreximbank) to finance development and infrastructure projects. The loan is earmarked for strategic investments in infrastructure and human capital development aimed at boosting sustainable growth and social transformation. According to the Ministry of Finance, the funds will support government projects in ag…
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Uganda Secures Shs1.1Trillion Loan from Afreximbank to Fund Infrastructure and Dev't Projects
The Government of Uganda has secured a €270 million (approx. UGX 1.1 trillion) 10-year loan facility from the African Export-Import Bank (Afreximbank) to finance development and infrastructure projects. The loan is earmarked for strategic investments in infrastructure and human capital development aimed at boosting sustainable growth and social transformation. According to the Ministry of Finance, the funds will support government projects in ag…
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