Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Invests in Mahathi Infra to Transform Petroleum Product Transportation in Uganda

AFC’s US$95.25 million investment will finance the construction of two self-propelled barges for operation on Lake Victoria, providing a more efficient and less carbon intensive alternative to traditional trucking

Africa Finance Corporation (AFC) (https://www.AfricaFC.org/), the leading infrastructure solutions provider on the continent, today announced its investment in Mahathi Infra Uganda Limited, one of East Africa’s largest oil and gas downstream players. AFC’s US$95.25 million investment will finance the construction of two self-propelled barges for operation on Lake Victoria, providing…