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    • L-R: Engineer Sameh Soliman, Chairman of SAMCO, with Mrs. Kanayo Awani, Afreximbank’s Executive Vice President, Intra-African Trade and Export Development after signing the financing agreement for the construction of Akii Bua Olympic Stadium (Uganda)
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Source: Afreximbank |

Afreximbank extends $36.4-million contract financing facility to Egypt’s SAMCO-National Construction Company (SAMCO) for stadium project in Uganda

The project will help consolidate SAMCO’s position as a leading African contractor capable of executing large-scale, government-backed projects across the continent

African Export-import Bank (Afreximbank) (www.Afreximbank.com) has extended a US$ 36.4-million contract financing facility to Egypt’s SAMCO-National Construction Company (SAMCO) for the construction of the Akii Bua Olympic Stadium in Uganda. The Akii Bua Olympic Stadium, located in Lira, Uganda, is expected to host some of the 2027 Africa Cup of…

Afreximbank
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    • FEDA Chief Executive Officer, Marlene Ngoyi with Ambassador Philip Rukikaire, Head of Regional Peace and Security Department at the Ministry of Foreign Affairs, Uganda
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Source: Afreximbank |

Uganda joins Afreximbank’s Fund for Export-Development in Africa (FEDA) as 21st Member State

Over the past four years, Afreximbank has approved over $813 million in financing for Uganda’s public and private sectors, with a pipeline in exceeding US$ 1 billion in pending approvals

The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) development impact investment arm, into all corners of the continent reached a major milestone today with the signing of the Fund’s Establishment Agreement by Uganda. With Uganda’s accession, FEDA…

Source: Afreximbank |

Afreximbank and Uganda Development Bank sign project preparation financing agreement

The implementation of the agreement is expected to help accelerate economic growth in Uganda through increased private sector investments in the targeted sectors

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and private sector entities. This is aimed at boosting Uganda’s industrialization and export development activities.   Under the…