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@chimpreports Sun, 24 Dec 2023 05:01:12

AfDB Threatens to Suspend Funding for Kampala Roads 

The African Development Bank Group (AfDB) has threatened to suspend disbursement of almost US$ 288m to Uganda meant for the rehabilitation of Kampala’s dilapidated road infrastructure system.  The loan was effective July 2021. However, the bank said Uganda has failed to provide counterpart funding and non-compliance to environmental and social safeguards.  “In line with section …

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