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Eastern Africa

Afreximbank Announces Project Preparation Facility For Uganda

Facility to address limited availability of technical and financial support for projects.


By Sneha Abraham
The African Export-Import Bank (Afreximbank) has announced the signing of a joint project preparation facility framework agreement with Uganda Development Bank (UDB) that will see the mobilisation of up to US$25 million in funds for projects in the country.The agreement, inked in mid-June, will facilitate the provision of early project

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