ABN - The Ugandan government is set to receive a loan of US$287 million from the Exim Bank of China, which will enable it to fund several rural electrification projects across the nation.
The minister of state in charge of finance David Bahati said: "As government we are in final discussions with the bank to ensure that the funds are secured to finance rural electrification programme in the country."
He went on to note that although the distribution of clean power to remote areas has improved, the government still struggles to create electricity access in remote parts of the country such as the Karamoja and West Nile.
According to figures from the Uganda Bureau of Statistics (UBOS), power connection in Karamoja stands at just 0.6% and 3.3% in West Nile.
However, Bahati said that recent rural electrification projects have seen the number of Ugandan’s using electricity rise from 19% to about 24%.
In the last financial year, four significant solar power plants have opened across the East African nation, which are generating a total of 32.7MW of renewable energy and contributing towards Uganda’s overall electrification.