China will build a 97-km road in Uganda, the Daily Monitor indicated this week.
According to the website, the new $134 million infrastructure includes three road axes namely Masindi-Biso, Kabaale-Kizirafumbi and Hohwa-Nyairongo-Kyarushesha-Butole road. It should be realized by the China Railway Seventh Group and completed within three years.
It is part of a network of more than 700 km roads the country plans to build to link to its oil site that will enter into production by 2021. The project also wants to employ the local workforce and value local entrepreneurs. According to Allen Kagina (photo), director of the national road authority (Unra), about 30% of the works in the framework of that road project will be entrusted to local firms.
"The contract agreement between Unra and the China railway seventh group involves the latter pre-financing and executing works for a period of 12 months from the commencement date while the government of Uganda secures funds for paying the works to be executed," the official added.
Moutiou Adjibi Nourou
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Africa holds vast renewable resources but accounts for just 1.6% of global capacity Nearly 600 million people still lack electricity despite strong...
SOCAR and EGPC agree on long-term partnership across hydrocarbons sector Deal reflects shifting global energy flows and supply security...
New council aims to mobilize private capital for electrification projects Initiative seeks to bridge gap between policy reform and bankable...
Government suspends VAT and excise duties on fuel imports Measures aim to limit impact of rising global oil prices Intervention set for three months...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...