{"id":38503,"date":"2026-07-01T12:23:09","date_gmt":"2026-07-01T10:23:09","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=38503"},"modified":"2026-07-01T12:23:09","modified_gmt":"2026-07-01T10:23:09","slug":"uganda-stanchart-sign-agreement-for-126-1-million-road-financing","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/uganda-stanchart-sign-agreement-for-126-1-million-road-financing\/","title":{"rendered":"Uganda, StanChart sign agreement for $126.1 million road financing"},"content":{"rendered":"<div>Uganda has signed a $126.1 million agreement with \u200bthe local unit of international \u200clender Standard Chartered to help finance the construction of a road \u200bin the country&#8217;s northeast \u200bregion, the finance ministry said.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>In a \u2060post on X late \u200bon Tuesday, the ministry said \u200bthe new 115.8-km road will help &#8220;reduce transport costs and strengthen regional trade.&#8221;<\/div>\n<div dir=\"ltr\"><\/div>\n<div>The road \u200bwill be built in \u200bKaramoja, a remote region in Uganda&#8217;s northeast \u200con \u2060the border with Kenya.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>The area has drawn a rush of investor interest in recent \u200byears because \u200bof \u2060its vast mineral potential, including gold.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>The ministry said \u200bthe road will also \u200bhelp \u2060support ongoing major investments in the region, including a $300 million \u2060cement \u200bfactory and a $72 \u200bmillion international airport.<\/div>\n<div dir=\"ltr\"><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":38504,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-38503","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Uganda signs $126.1 million agreement Standard Chartered","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/38503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/38503\/revisions"}],"predecessor-version":[{"id":38505,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/38503\/revisions\/38505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/38504"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=38503"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=38503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}