Thu, 26-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Uganda Pumps $10 Million to South-South Project

    Jackson
    By Jackson Okoth
    - June 25, 2022
    - June 25, 2022
    African Wall StreetAgricultureGlobal NewsUganda
    Uganda Pumps $10 Million to South-South Project

    Uganda plans to put nearly $10 million to phase III of a South-South Co-operation project that also involves the participation of China and the Food and Agriculture Organization(FAO). Kampala will put in $9,623,703 in this project through a Unilateral Trust Fund (UTF), which will complement $2,389,138 from the Chinese Government in partnership with FAO and China South-South Cooperation (SSC) Programme.

    An agreement has already been sealed between FAO and Kampala to support phase III of the project. The deal was signed by Uganda Finance Minister Matia Kasaijia and Antonio Querido- FAO Representative.

    Phase III of this project will focus on establishing an integrated technology transfer base, creating high-yielding rice growing schemes and foxtail millet, livestock improvement and the aquaculture value addition.

    According to Querido, the East African country’s contribution of phase III of the project is a resounding vote of confidence in the SSC project and its positive impact on the livelihoods of Ugandan farmers and their dependents.

    This project is expected to benefit some 9,600 farmers, primarily women and provide technical training to 200 officers in Uganda and China.

    China’s technical assistance to the East African nation under Phases I and II has already brought significant results, addressing the East African country’s longstanding issues of poor agricultural productivity.

    Uganda has already implemented phase I&II

    Phases I and II were carried out under a cost-sharing arrangement between the Governments of China, Kampala and FAO.

    The Government of China provided financial and technical resources, while Kampala provided in-kind contributions, including lodging, transportation, medical services and health insurance for the Chinese staff.

    FAO provided technical support, backstopping, and project supervision and monitoring.

    ALSO READ: Uganda Hikes Interest Rate to 7.5% to Tame Inflation

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa