RIYADH, 03 May. - (ANA) - Uganda’s finance minister signed  $295 million loan agreement with Saudi Arabia’s Islamic Development Bank. 

 

The money will fund the construction of a bridge crossing the River Nile in northwest Uganda, and 105 kilometers of roads, according to the finance ministry.

 

The World Bank, which is traditionally Uganda’s biggest external lender, suspended new loans to the East African country after it passed an anti-homosexuality law.   - (ANA) -

 

AB/ANA/03 May 2024 - - -