{"id":53541,"date":"2020-03-19T20:59:45","date_gmt":"2020-03-19T18:59:45","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=53541"},"modified":"2020-03-19T20:59:45","modified_gmt":"2020-03-19T18:59:45","slug":"uganda-eu-sign-97-5m-deal-to-fund-green-economy-uptake","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/uganda-eu-sign-97-5m-deal-to-fund-green-economy-uptake\/","title":{"rendered":"Uganda-EU sign $97.5m deal to fund green economy uptake"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\">Uganda has signed an additional three grant financing agreements worth \u20ac85.9 million ($97.5 million) with the European Union.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Finance Minister Matia Kasaija said the EU grants will support three projects and programmes that are meant to improve the standards of Uganda\u2019s products, and see the country qualify for and sustain its exports to Europe.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Mr Kasaija said the bulk of the cash \u2014 about \u20ac45 million ($50 million) \u2014 will fund the inclusive green economy uptake programme, which involves developing innovative products and projects that reduce environmental risks \u2014 a key benchmark for gaining access to the EU market.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The green economy uptake programme covers climate-smart agriculture, green cities, eco-tourism, scaling of renewable energy investments that target off-grid and reduction of waste projects, as well as liquefied petroleum gas (LPG) for households and industry, according to EU ambassador Attilio Pacifici, who signed on behalf of the bloc.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The signing took place at the end of the first Uganda-Europe Business Forum held at Speke Resort Munyonyo, in Kampala on March 9-10.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Besides the grant financing agreements that will benefit Uganda in the short to medium-term, the country is also expected to record foreign direct investments worth \u20ac646 million ($733.3 million) that EU firms \u201care planning to invest over the next five years\u201d according to Mr Pacifici.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uganda has signed an additional three grant financing agreements worth \u20ac85.9 million ($97.5 million) with the European Union. Finance Minister Matia Kasaija said the EU grants will support three projects and programmes that are meant to improve the standards of Uganda\u2019s products, and see the country qualify for and sustain its exports to Europe. Mr [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":53542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984,6030],"tags":[6461,6246,6700],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Uganda-EU sign $97.5m deal to fund green economy uptake - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Uganda has signed an additional three grant financing agreements worth \u20ac85.9 million ($97.5 million) with the European Union.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/uganda-eu-sign-97-5m-deal-to-fund-green-economy-uptake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda-EU sign $97.5m deal to fund green economy uptake - 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