Ugandan government has in the past years faced harsh criticism over regular borrowings from China Import Export Bank to facilitate development of infrastructure projects including hydropower dams, roads and possibly soon the planned Standard Gauge Railway. But the Chinese loans have also had a fair share of positive aspects to …
Read More »Minister assures Ugandans on Standard Gauge Railway Project
Kampala, Uganda | THE INDEPENDENT | The Minister of Works and Transport Monica Azuba has said that the government is committed to constructing the standard gauge railway whether Kenya plays its part or not. Kenya is currently constructing 120 km line from Nairobi to Naivasha at $1.7bn and will be …
Read More »MUSEVENI: India and Africa can complement each other very well
Kampala, Uganda | PPU | President Yoweri Museveni has advised prospective investors to target investing in areas of agro-processing and value addition to minerals like phosphates, in Uganda. The President was addressing a business conference of the Confederation of Indian Industry (CII)-Exim Bank Regional Conclave on India-East Africa Partners in …
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