KAMPALA, Nov 27 (Reuters) - Uganda is preparing to borrow $150 million from China's Export Import Bank (Exim) to help expand its internet infrastructure, the finance ministry on Monday. The move ...
Having failed to get pledged funding from the Export-Import Bank of China for the long-delayed $2.2-billion, 273-km (170-mile) Standard Gauge Railway (SGR) project, Uganda has ended its contract with ...
The Ugandan government may lose Entebbe International Airport over a 2015 Chinese loan borrowed by the President Yoweri Museveni-led administration. In November 2015, the Uganda government signed an ...
NAIROBI (Reuters) - China's Exim Bank has expressed interest in financing the third section of Kenya's planned rail link with Uganda at an estimated cost of $4.9 billion, a senior Kenya Railways ...
Uganda's central bank said on Monday it had sold a majority stake in Imperial Bank to a Tanzanian financial institution, almost four months after taking it over due to concerns about its Kenyan parent ...
A top Chinese lender has imposed “aggressive” repayment terms on a $200 million loan to expand Uganda’s international airport. China's Exim Bank has lent money ...