India offers credit to Uganda to boost agriculture, energy

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India offers credit to Uganda to boost agriculture, energy

AgriNation News Network

New Delhi. 27 July 2018

India has offered Uganda a total $205 million worth of credit to help the East African country expand its electricity distribution infrastructure and invest in its agriculture sector, which employs majority of its workforce. A statement issued in Kampala where India’s prime minister Narendra Modi started a two-day visit on Tuesday, said Modi and his host President Yoweri Museveni also discussed reform of the U.N. security council.

A loan of $141 million would be extended to Kampala to build electricity transmission lines and substations while another $64 million would spend on boosting agriculture and diary production, the statement said.

Uganda and India’s relations date back to the 19th Century when Britain shipped a large number of Indians into East Africa to build a railway from the Indian Ocean coast into the hinterland and terminating in Uganda’s west. The Indian labourers remained after constructing the railway, growing into a large and economically successful community in the intervening decades of colonialism.