Uganda-Kenya link to be upgraded

An upgrade is planned for the road connecting Uganda with Kenya at the Suam-Bukwo-Kapchorwa border crossing. The majority of the project costs will be paid for by a loan package worth US$94.5 million being provided by the African Development Bank (AfDB). The remaining $11.2 million needed for the work will be paid by the Ugandan Government. The project should take 36 months to carry out and will involve improving the 118km road that runs from Kapchorwa in Uganda to Kitale in Kenya.
January 25, 2018 Read time: 1 min

An upgrade is planned for the road connecting Uganda with Kenya at the Suam-Bukwo-Kapchorwa border crossing. The majority of the project costs will be paid for by a loan package worth US$94.5 million being provided by the 1586 African Development Bank (AfDB). The remaining $11.2 million needed for the work will be paid by the 1073 Ugandan Government. The project should take 36 months to carry out and will involve improving the 118km road that runs from Kapchorwa in Uganda to Kitale in Kenya.

Finance & Funding

For more information on companies in this article

Related Content

  • Kenya road project funding withdrawn
    August 22, 2019
    A loan from the World Bank worth US212 million to the Kenyan Government for road works has been cancelled. The loan was to have been used to build new road connections in capital Nairobi, including a link with Jomo Kenyatta International Airport. Another road to have been funded by the finance package from the World Bank was the A104, connecting James Gichuru with Rironi, located the north west of the Kenyan capital. However, the upgrade work for this 16km stretch of dual carriageway has become shrouded i
    Read More
  • Colombian highway connection being built
    March 27, 2019
    Construction work is well underway for Colombia’s Autopista Mar 1 motorway project. The route is due for completion in 2022, connecting the country’s Caribbean and Pacific coasts through Medellin. The project includes construction of the Tunel de Occidente. A finance package worth US$713 million in the shape of loans from eight banks is helping fund the project. Work is also ongoing for the Conexio Norte routelinking Remedios with Caucasia. This project should be complete by 2021. Meanwhile the Via del Nu
    Read More
  • India’s highway projects benefiting from World Bank funding
    July 4, 2014
    A loan worth US$500 million from the World Bank's International Bank for Reconstruction and Development (IBRD) will help improve road connections in India. The funding will be directed towards India's National Highways Inter-connectivity Improvement Project (NHIIP), a programme of works aimed at improving routes in some rural or remote areas of the country. The NHIIP plan involves upgrading around 1,120km of National Highways in some of the country’s the low-income states such as Bihar, Orissa and Rajasthan
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More

Highlighted Content