Uganda Signs Five-Year Partnership Agreement with Denmark to Boost Inclusive and Sustainable Economic Development

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Uganda’s government has entered into a five-year partnership agreement with Denmark as the East African country moves to boost poverty reduction through inclusive and sustainable economic development.

The deal, which will run from 2018 to 2022, was signed by Danish Ambassador to Uganda, Mogens Pedersen and Uganda’s Minister for Finance, Matia Kasaija earlier this month.

Under the agreement, Denmark has committed 945 million Danish Krones (Ush546 billion) in support of Uganda’s National Development Plan to benefit the country’s people.

The partnership aims to contribute to poverty reduction through inclusive and sustainable economic development; promote democracy, good governance and human rights, and support Uganda’s stabilizing role in the region.

Denmark’s Embassy said support will be provided through eight engagement partners, including the Inspectorate of Government, Financial Management and Accountability Programme, a group known as the Agricultural Business Initiative, TradeMark East Africa, the Northern Uganda Resilience Initiative, and the Democratic Governance Facility (DGF).

The deal comes just days after a delegation from Denmark, Iceland and Sweden visited Uganda from November 19th to November 28th, 2017 to explore business opportunities in the fields of agribusiness, Information Technology (IT), renewable energy, infrastructure and hospitality.

The delegation has shown interest in a number of projects, including Uganda’s Jinja-Kampala expressway, solar power generation for off grid rural communities and waste to energy production among others.

 

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