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.
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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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