Infrastructure
Big African infrastructure projects often benefit global financiers at the expense of locals
There is evidence that the infrastructure that global financiers want to fund in Africa, such as toll roads, is not the kind that is most desperately needed by the majority of the population
Entebbe expressway to open to traffic in November
The completion date of the Kampala-Entebbe Expressway “has been revised 16 November”, according to works and transport minister, Monica Azuba-Ntege, to allow the contractor finish an incomplete section
Ugandan budget: Striking the balance between infrastructure and social sectors is key
This week, finance minister Matia Kasaija will present a Shs30.9 trillion ($8 billion) budget. Sarah Logan examines the economic context of Uganda’s annual budget and the associated challenges
Museveni bullish about economy in State of the Nation address
President Museveni said the economy will grow faster in the next fiscal year because of his government’s sustained investment in physical infrastructure
Makhtar Diop appointed World Bank’s vice president for infrastructure
After six years as the World Bank's vice president for Africa, Makhtar Diop has been appointed as the World Bank’s Vice President for Infrastructure. In his previous role, Mr Diop oversaw the delivery of a record-breaking $70 billion to Sub-Saharan Africa to help tackle key development challenges
Search for private partners for Kampala-Jinja Expressway to start next month
The Uganda National Roads Authority and the International Finance Corporation are looking for funders for the Kampala-Jinja Expressway
Works and education get lion share in industrialisation budget
The finance minister said the government will focus on addressing recent challenges to the economy, such as the slow growth of average income, rise in unemployment, and the effects of droughts and land fragmentation on agricultural productivity.
Uganda signs Shs500b AfDB loan for Busega-Mpigi expressway
The finance ministry has signed two loan agreements with the African Development Bank (AfDB) to finance the construction of the 23.7 kilometre Busega-Mpigi Expressway project and rehabilitation of its auxiliary road to Rwanda.
Museveni says oil revenues will be used to build “durable capacity”
The president said that oil is an "enabler" that will bring in "quick money" to work on the weak fundamentals without which the country will not develop.More Infrastructure
4 August 2016
Fitch affirms Uganda’s credit rating at B+, outlook stable
Fitch Ratings on Wednesday affirmed its B+ rating on Uganda, citing the country's high levels of infrastructure spending and its sound macroeconomic policy framework