The Islamic Development Bank (IsDB) has approved US$295 million for Upgrading Ugandanl Roads under Sovereign Financing Projects and US$100 million for East Africa Crude Oil Pipeline (EACOP) Project under Public Private Partnership (PPP) Projects. The Sovereign Financing Project aims at boosting the socio-economic development of Uganda by providing better access to social infrastructure, facilitating access to markets for farmers and traders, and reinforcing regional integration and tourism. “The project (EACOP) will enable Uganda, a landlocked country, to emerge as a regional oil producer with export capacity to international markets. The objective of the project is to enable Uganda to exploit…
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