Tag: infrastructure financing
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AfDB and Luxembourg Strengthen Ties to Accelerate Africa’s Sustainable Growth
A Strengthened Partnership for Africa’s Sustainable Growth The African Development Bank (AfDB) and Luxembourg have announced a reinforced partnership aimed at accelerating sustainable growth across Africa. Building on prior collaborations, the new agreement signals a long-term commitment to mobilize finance, share expertise, and support policy reforms that foster inclusive development. As global capital seeks lower-risk,…
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Uganda Parliament Approves Shs11 Trillion Loan, Debt Hit Shs127 Trillion
Uganda Approves a New Shs11 Trillion Loan In a rapid series of parliamentary sessions, Uganda’s lawmakers approved a new loan totaling roughly Shs11 trillion, marking a significant increase in the country’s public borrowing. The approval comes just days after a prior tranche pushed the total loan commitments higher, setting the stage for a public debt…
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Uganda’s Public Debt-expanding Loans: Parliament Okays Shs11 Trillion, Debt Near 127 Trillion
Overview: A Record Borrowing Sprint Uganda’s Parliament has approved a new wave of borrowing that will push the country’s public debt higher and intensify debates about fiscal sustainability. In a rapid three-day session, lawmakers authorised approximately Shs11 trillion in fresh loans. This massive influx of credit has raised concerns about debt service, fiscal space, and…
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Reko Diq Revival Nears Life with $3.5B Financing Deal
Pakistan Moves Closer to Reco Diq Revival with a $3.5 Billion Financing Deal The long-awaited revival of the Reko Diq copper and gold project in Balochistan took a significant step forward as Pakistan finalised a $3.5 billion financing package with six major international financial institutions. The agreement signals a milestone for one of the country’s…
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Pakistan Seeks US Link for Pasni Port as a Mineral Terminal: What the FT Reportboard Says
Pakistan’s Pasni Port Idea: A Mineral Terminal Pitch to the United States A Financial Times report has brought renewed attention to Pakistan’s idea of transforming the southern Pasni port on the Arabian Sea into a terminal for exporting minerals to the United States and other partners. The plan envisions a deep-water facility connected by rail…