Funding for Uganda highway project

Funding has been sourced in the shape of a loan for a key highway project in Uganda. The project is for the upgrading of the 95m route between Kampala and Jinja and a loan of US$229.5 million is being provided. The loan is being provided by the African Development Bank (AfDB). In all however the project is expected to cost $1.5 billion. The expressway is an important route for Uganda and will for part of the route connecting the country with Kenya, running through its capital Nairobi to its port of Mombasa.
November 12, 2018 Read time: 1 min
Funding has been sourced in the shape of a loan for a key highway project in Uganda. The project is for the upgrading of the 95km route between Kampala and Jinja and a loan of US$229.5 million is being provided. The loan is being provided by the 1586 African Development Bank (AfDB). In all however the project is expected to cost $1.5 billion. The expressway is an important route for Uganda and will for part of the route connecting the country with Kenya, running through its capital Nairobi to its port of Mombasa.
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