Citibank extends sh470b loan to government

The loan facility, arranged by Citi, was supported by African Trade and Investment Development Insurance (ATIDI), and Development Bank of Southern Africa (DBSA) and Absa Bank (Mauritius) Limited.

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Pakcan (R) and Musasizi during the loan signing agreement at the finance ministry in Kampala last week. (Courtesy Photo)
NewVision Reporter
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KAMPALA - Citibank has announced a EUR 126m (about sh479b) loan to the government to finance the design and construction of the Lusalira to Sembabule road project.

The loan

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