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Uganda set to issue first sovereign sukuk to partly finance $3.16bn Kampala-Malaba railway

Uganda set to issue first sovereign sukuk to partly finance $3.16bn Kampala-Malaba railway

Uganda is preparing to issue its first sovereign sukuk as part of efforts to finance the construction of a standard gauge railway (SGR) linking Kampala to the Kenyan border town of Malaba, marking the country’s entry into Islamic capital markets, Ecofin Agency reports.The Ministry of Fin

Ultimate Uganda

Uganda targets Middle East liquidity for SGR construction

Uganda targets Middle East liquidity for SGR construction

President Museveni accompanied by VP Alupo, Ministers Katumba Oboth and Byabakama walk through a demonstration after laying the foundation for the construction of Malaba Kampala SGR line by Yapi MerkeziKAMPALA, Uganda — The Ugandan government is moving to secure €405 million through an

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