Uganda plans debut sovereign sukuk to help fund railway project

Uganda is in the advanced stages of issuing its inaugural sovereign sukuk to finance part of a €2.7bn (R52bn) railway project, the East African country’s finance ministry said on Tuesday.

Uganda plans debut sovereign sukuk to help fund railway project
Uganda is in the advanced stages of issuing its inaugural sovereign sukuk to finance part of a €2.7bn (R52bn) railway project, the East African country’s finance ministry said on Tuesday.