News UAE’s Sharjah agrees to build an airport in Uganda The UAE emirate of Sharjah has agreed a memorandum of understanding to build an airport in Uganda near the Kidepo Valley National Park. The agreement in principle was signed on…
News Holcim to sell its cement businesses in Tanzania and Uganda Swiss cement-maker Holcim has announced plans to sell its subsidiaries in Tanzania and Uganda. Hima Cement, the Ugandan business, will be sold to local conglomerate Sarrai Group for $120m. Holcim…
News Uganda says Russia and South Korea will build its nuclear power plants Ugandan president Yoweri Museveni said this week that Russia and South Korea would build two nuclear power stations in his country, the Anadolu news agency reports. He told the G-25…
News Uganda, Kenya hope to raise $6bn to restart Mombasa railway Uganda and Kenya are seeking at least $6bn to restart work on the standard gauge railway (SGR) to connect central Africa to the port of Mombasa. China financed the first…
News Uganda cancels $2.3bn railway deal with China Uganda has cancelled a deal with a Chinese contractor to build a $2.3bn railway after Beijing decided not to fund the scheme, Bloomberg reports. Perez Wamburu, Uganda’s project coordinator, told…
News Uganda’s rail upgrade gets $300m loan from African Development Bank The African Development Bank (AfDB) will lend Uganda $301m to upgrade the Kampala–Malaba Metre Gauge Railway (MGR) to link the landlocked country to Kenya and its port of Mombasa. AfDB…