Full details of UKEF’s £620m of support for UK export deals

Full details of UKEF’s £620m of support for UK export deals

Background

Ghana

  • Support worth £110 million will enable the upgrade and construction of a hospital in Ghana. Contracta Construction UK will upgrade Kumasi teaching hospital, creating 750 beds for maternity care
  • Kumasi teaching hospital is the main regional hospital for the Ashanti region in south Ghana. Upgrading the maternity unit will have a direct impact on reducing mother and child mortality rates
  • £40 million worth of support will enable the further development of Kumasi airport by Contracta Construction UK, improving transport links for tourist and commercial use. It is estimated that the upgraded airport will allow travel for an extra one million passengers each year

Zambia

  • A direct loan of £244 million will support the design, construction, equipping and operation of 108 rural healthcare clinics and three hospitals by NMS Limited
  • Each rural clinic will be powered by solar energy, ensuring renewable, reliable power in remote areas

Gabon

  • £40 million worth of support will enable a project by Colas (Gabon) UK Ltd to upgrade 83 km of road networks throughout Libreville, the country’s capital
  • This work will benefit an estimated one million people living in the area

Uganda

  • Support worth close to £185 million will enable crucial work on the Kampala Industrial Business Park. Belfast based Lagan Group limited has partnered with Ugandan company DOTT services, to deliver a range of projects including upgrades to roads, water supply, power, IT and telecoms
  • Once fully developed, the park will create employment opportunities for 200,000 people improving the country’s GDP and the competitiveness of Uganda’s exports
  • UKEF has also supported a £1.5 million loan to enable the sale of machinery from Unatrac to Mota-Engil Africa, underpinning work on roads in the North East of Uganda

Delivered through UKEF’s new small deals team this will enable the sale of 22 pieces of machinery including loaders, engines, excavators and generators, initially for use on the Uganda North Eastern Road Corridor Asset Management Project (NERAMP)

The Ovie of Oghara Kingdom –Nku Oghara na’me Orefe III, the CEO of DPZ Capital Limited, Mr Larry Ejele, the MD of Mainstreet Capital, Mr Ebi Enaholo, NARD Executives, the Development team and the high Chiefs of the ruling court are having a discussion session on the NARD Housing Development Scheme.

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