Infrastructure & Finance Trails: Week 43, 2026

    Alex Koech
    5 min read
    Finance & Infrastructure
    Infrastructure & Finance Trails: Week 43, 2026

    Uganda’s government has signed a Shs232 billion (approximately US$62 million) contract with Egypt’s SAMCO National Construction Company Ltd for the construction of a new passenger terminal at Kabalega International Airport in Hoima District, as part of preparations for the 2027 Africa Cup of Nations (AFCON), which Uganda will co-host with Kenya and Tanzania. Signed on 30 October 2026 at the Ministry of Works and Transport headquarters in Kampala, the eight-month contract covers the second phase of the airport’s development and is expected to increase passenger-handling capacity from approximately 100 passengers at the existing facilities to as many as 1,000 passengers at peak periods. The agreement, which is more than Shs50 billion below the Shs285 billion previously quoted by China Communications Construction Company (CCCC) and other bidders, is expected to deliver significant cost savings. The first phase, valued at approximately Shs1.2 trillion, comprises a 3.5-kilometre runway, taxiways, aircraft apron, cargo facilities, navigation systems and an initial passenger terminal, primarily developed to support oil and gas exploration and logistics in the Albertine region. The…

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