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Home Africa

Uganda submits funding plan to build roads in Eastern Congo

Staff by Staff
October 27, 2020
in Africa, Construction, Cooperation, DRC, Infrastructure, Road, Uganda
Reading Time: 1 min read
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Uganda plans to spend 200 billion shillings (US$53.6M) on three roads in mineral-rich eastern Democratic Republic of Congo, following a pact to improve business between the two neighbours.

The Finance Ministry submitted the funding proposal to parliament, Kenneth Mugambe, the ministry’s budget director, said Tuesday, without giving details on how the money would be raised.

Uganda’s cabinet last month approved the plan to build the roads, which total 223 kilometers (139 miles). Many roads in eastern Congo are in a state of disrepair following a series of armed conflicts in recent years. Trade with Congo accounted for US$162M in 2019, according to Bloomberg data.

Image source: Bloomberg

Also read: DRC pushes ahead with world’s largest hydropower project: what you should know

Source: Bloomberg

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Tags: CongoconstructioncooperationDemocratic Republic of the CongoDR CongoDRCInfrastructureroadUgandaUganda submits funding plan to build roads in Eastern CongoДемократическая Республика Конгоконгоугандаأوغنداالكونغوجمهورية الكونغو الديموقراطيةウガンダコンゴコンゴ民主共和国刚果民主共和国剛果烏干達
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