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KAMPALA CITY ROADS REHABILITATION PROJECT SECURES $276 MILLION
The African Development Bank and the Government of Uganda have signed two financing agreements totaling around $348 million for the improvement of road transport in Uganda. The first is a $276 million financing agreement for the Kampala City Roads Rehabilitation Project; and the second, valued at $71.8 million, is for upgrading the Kabale-Lake Bunyonyi/Kisoro-Mgahinga road. The agreements were signed on 11 May by Uganda’s Minister of Finance, Planning and Economic Development Matia Kasaija, and African…
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