Uganda Urges Africa to Rely on Domestic Revenue to Fund Infrastructure

Africa Must Fund Infrastructure with Domestic Revenue

Luanda — President Yoweri Kaguta Museveni has urged African nations to mobilise domestic revenues to finance infrastructure development. The President’s remarks were delivered by the Minister of Foreign Affairs, Hon. Gen Odongo Jeje Abubakhar, at the 3rd Summit on Financing for Infrastructure Development in Africa, in the Angolan capital, Luanda. The Summit, hosted by President Joao Manuel Gonçalves Lourenço of Angola in his capacity as Chairper…

Uganda Urges Africa to Rely on Domestic Revenue to Fund Infrastructure

LUANDA, Angola — Uganda has called on African nations to move toward financial sovereignty by exploiting and adding value to their vast natural resources to fund continental infrastructure projects. Foreign Affairs Minister Gen. Jeje Odongo Abubakhar delivered the message on behalf of President Yoweri Museveni at the third Summit on Financing for Infrastructure Development in Africa, which began Tuesday in Luanda, Angola. Hosted by Angolan Presi…