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Finance Minister Lauds French Development Agency Cooperation

The Minister of Finance, Planning and Economic Development, Matia Kasaija has lauded French Development Agency (AFD) for 20 years of financial cooperation with Uganda government and agencies.

Kasaija in a speech read by the State Minister of Finance in charge of General Duties, Gabriel Ajedra, said the people of Uganda will forever treasure the assistance and friendship since the establishment of AFD in 1998.

“As French Development Agency makes 20 years in Uganda, the remarkable investments since 1998 will forever exist and the people of Uganda will forever remember and treasure the friendship we share since the establishment of the agency,” said Kasaija.

AFD celebrated its 20 years anniversary in Uganda on Tuesday at a ceremony held at French Embassy in Kampala.

The Minister announced at the ceremony that Uganda has benefited from the agency to the tune of 1 billion euros.

“The government of Uganda has received commitments worth 1 billion euros over the last 20 years in development projects. This has been in water and sanitation, energy, urban development and urban transport, private sector, natural resources and climate change,” added Kasaija.

He named projects implemented by the AFD including; Gaba Water Treatment Plant and Namasuba subsystem at 75m euros, 250MW Bujagali hydropower plant commissioned in 2009 at 72m euros and Hoima Nkenda transmission line substations commissioned in 2018 (23m euros).

 Meanwhile the AFD Deputy Director for Africa, Mr. Sébastien Minot said the agency is the first foreign development body to commit to all countries in Africa.

“Our institution is the first non-African development institution to consider Africa as a whole, from Cape Town to Cairo, from Dakar to the Horn of Africa ; we are present or active in almost all the countries of the continent, either francophone Africa or English-speaking countries,” said  Sébastien.

The event was also attended by the AFD country director, Mrs. Virginie Leroy, commercial bank executives, civil society and members of the private sector.

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