Absa Bank Uganda provides $50 Million facility to expand power distribution

KAMPALA, Uganda — Absa Bank Uganda and the Uganda Electricity Distribution Company Limited (UEDCL) announced Monday a five-year, $50 million financing facility to strengthen national power distribution, a move aimed at expanding electricity access and improving service reliability across the country. The facility, UEDCL’s first debt financing arrangement, is expected to enable the company to […] The post Absa Bank Uganda provides $50 Million facility to expand power distribution appeared first on PML Daily .