UK announces hefty funding package to Uganda

Mar 24, 2017

Lord Popat the envoy of the UK Premier, who is on a one week visit to the country that begun on Wednesday, told his host President Museveni that the export credit package will provide Uganda with greater access to competitive British Government trade finance,

President Yoweri Museveni and UK Prime Minister to Uganda and Rwanda, Lord Popat at State House in Entebbe.

A visiting UK envoy to Uganda and Rwanda, Lord Popat has announced a major funding package in trade to Uganda.

Lord Popat the envoy of the UK Premier, who is on a one week visit to the country that begun on Wednesday, told his host President Museveni that the export credit package will provide Uganda with greater access to competitive British Government trade finance, and enable more UK investors to bring their expertise, goods and services to the country's projects.

More details of this story are in Saturday Vision. But the package is likely to boost Uganda's major infrastructural projects by providing access to highly competitive long-term finance.

Lord Popat said infrastructure is an area where UK companies are world leaders in experience and expertise and where British commercial interest is increasing.

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