Uganda to request US$300mn loan in 2014 to develop roads

The Ugandan government will next year request a US$300 million loan from different funds in Uganda in its effort to develop road infrastructure in the country, according to Yoweri Museveni, Uganda’s president. Banks in the country have been urged to offer loans. The government is reported to require US$ 15 billion in total to develop 19 roads.
May 16, 2013 Read time: 1 min
The 1073 Ugandan Government will next year request a US$300 million loan from different funds in Uganda in its effort to develop road infrastructure in the country, according to Yoweri Museveni, Uganda’s president. Banks in the country have been urged to offer loans. The government is reported to require US$ 15 billion in total to develop 19 roads.

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