Category: Money & Markets

Citi has announced a EUR 126 million loan to the Government of the Republic of Uganda to fund the design and build of the Lusalira to Sembabule road project in Uganda. Citi acted as sole coordinating Mandated Lead Arranger and a lender. The financing was supported by African Trade and Investment Development Insurance (ATIDI) and…

In FY 2023/24, coffee exports were 6.13 million bags valued at US$ 1.144 Billion. This was an increase of 6.33% in volume and 35.29% in value compared to FY 2022/23 when exports were 5.8 million bags valued at US$846 million.  Due to effective regulation by UCDA, coffee quality has greatly improved and this has resulted…