Tag Uganda

Uganda Secures $295m Loan For Infrastructure From Islamic Bank

UGANDA has inked a significant agreement with Saudi Arabia’s Islamic Development Bank (IDB), securing a $295 million loan to finance infrastructure projects, announced the country’s finance minister on Tuesday. This move underscores Uganda’s commitment to diversifying its sources of external…

UK Sanctions Ugandan Parliament Speaker For Corruption

IN a significant move targeting corruption in Uganda, Britain has sanctioned Anita Among, the speaker of the Ugandan parliament, along with two high-profile lawmakers, Mary Kitutu and Agnes Nandutu. This marks the first application of Britain’s sanctions regime aimed at combating corruption…

Uganda To Launch First Tin Refining Plant

IN a significant move to enhance its mining capacity and add value to domestic minerals, Uganda is preparing to commission its first tin refining plant in the southwestern region next month, announced a senior official from the mining ministry. President…