Uganda to Receive AfDB Loan for Rural Income Initiative

The African Development Bank has approved the disbursement of USD16.23 million to help

and increase employment opportunities in Uganda. The loan will be used to finance a program that aims to facilitate access of more than 1.4 million rural poor to affordable business development services and financial assistance.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.