×
The Standard e-Paper
Fearless, Trusted News
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kampala; Uganda: Uganda hopes to secure an $8 billion (Sh710 billion) loan from China to build a railway network to revamp the country’s transport infrastructure as it prepares to start oil production.
As in other areas of Sub-Saharan Africa, China has become a major investor in Uganda. It has mostly channeled funds into roads, hydro power dams, fibre optic cable networks and other infrastructure, usually offering cheap loans.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join