The African Development Bank is investing another $64.8 million in Uganda’s agricultural infrastructure, including community access roads, markets, agro-processing facilities and rural electrification, to boost economic growth and the incomes of rural communities and smallholder farming households in the African country.
The loan is the third in a series of financing for the Community Agricultural Infrastructure Improvement Program in Uganda. It targets 31 districts, which house about 1.9 million rural households.
The Islamic Development Bank, according to an AfDB news release, is considering investing a further $10 million in the program to expand its physical infrastructure targets.
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