Uganda: Africa Finance Corporation (AFC) invests in Lake Victoria barges


Issue 490 - 17 Aug 2023 - By Marc Howard | 1 minute read

The Lagos-headquartered Africa Finance Corporation (AFC) is investing $95m in Kampala-headquartered Mahathi Infra Uganda. The funding will be used to build two barges that will move diesel, gasoline, kerosene and jet fuel 250km across Lake Victoria, from Kisumu in Kenya to Bugiri-Bukasa.

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