UEDCL Secures Shs190b Loan from Absa Bank to Upgrade Electricity Distribution Network
Uganda Electricity Distribution Company Limited (UEDCL) has secured a loan worth Shs190 billion (USD 50 million) from Absa Bank to finance the upgrade and expansion of the country’s electricity distribution network, in a move aimed at supporting Uganda’s economic and industrial growth. The loan agreement was formalized through a memorandum
