Bujagali power project on course - 2010-08-31

The expected outcome of the Bujgali power project will also result into increased supply of improved air quality and jobs for Ugandans (app. 2,000 jobs at the peak of construction).

The executer of the project - Bujagali Energy Limited - is a consortium of American Sithe Global, Kenyan Industrial Promotion Services (IPS) and the Uganda government. IPS is an affiliate of the Aga Khan Fund for Economic Development.
The consortium put $190 million into the project while the rest are loans, mainly from the World Bank Group, the European Investment Bank and the African Development Bank.