Loans & Grants
12/04/2018 - With the support of the African Legal Support Facility (ALSF), the Government of Uganda has successfully signed an agreement with a consortium of American and Italian firms to finance and construct a US $4-billion refinery in the country’s Hoima district. The project will be a joint venture with the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC), a limited liability oil company owned by the Government of Uganda.
10/01/2017 - Uganda’s Minister of Finance Planning and Economic Development, Matia Kasaija, and Gabriel Negatu, East Africa Regional Development and Business Delivery Office Director General, signed African Development Bank and African Development Fund loan agreements of US $151 million for the Multinational Uganda-Rwanda Busega-Mpigi express highway project on December 29, 2016.
05/03/2015 - The African Development Bank Board approved an additional financing of US $8.37 million (on March 4, 2015 from the Global Environment Facility’s (GEF) Least Developed Countries Fund (LDCF) for the Water Supply and Sanitation Programme (WSSP), already financed by the Bank. The GEF financing will increase the resilience of the natural environment and the physical infrastructure of vulnerable drought and flood prone districts in Eastern Uganda.
10/12/2014 - The Board of Directors of the African Development Bank Group, during its ordinary sitting on Tuesday December 10, 2014 in Abidjan, approved the second phase of Uganda’s Markets and Agricultural Trade Improvement Program (MATIP 2), aimed to reconstruct an additional 11 of the remaining 14 markets in four regions in the country.
17/10/2014 - The Board of Directors of the African Development Bank Group on Wednesday, October 15 in Abidjan approved a US $40-million 10-year Line of Credit (LoC) for a pipeline of projects covering various economic sectors (agro/food, infrastructure, manufacturing, education sectors) in the East African Community (EAC) countries of Kenya, Rwanda, Tanzania and Uganda. The projects aim to promote economic growth.
02/06/2014 - The Board of Directors of the African Development Bank Group (AfDB) has approved a Unit of Account (UA) 70 million (about $109 million) loan to the Government of Uganda to finance the Road Sector Support Project V to support the realization of the National Development Plan (NDP) and Vision 2040 of Uganda.
18/10/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Friday, October 18 a US $12.5-million equity investment in the Kibo Fund II. This contribution will allow the Fund to provide access to finance and capacity building to an underserved market of outward-looking small and medium enterprises (SMEs) and mid-market African firms, particularly in low-income and fragile states within various sectors in Africa, thereby boosting income generation and job creation.
05/04/2013 - As of the 31st of March 2013, the Global Environment Facility’s Least Developed Countries Fund (LDCF) has granted USD 18.6 million to be channeled by the African Development Bank (AfDB) to Sierra Leone, Uganda and Mauritania for project concepts to help climate-proof their water sectors. This work is regarded as a critical element of these countries’ moves toward climate-resilient poverty reduction and sustainable development.
06/12/2012 - The Executive Directors of the African Development Bank (AfDB) Group on Wednesday approved the institution’s Information Technology Strategy 2013-2015 and the Bank Group’s Participation in the Middle East and North Africa (MENA) Transition Fund.
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