Kalangala Infrastructure Services
Lawrence Ligunda captains MV Ssese, one of Kalangala Infrastructure Services’ regular ferries on Lake Victoria linking Bugala Island with mainland Uganda.
GuarantCo provided a USD 1.74 million guarantee working closely with USAID in 2011.
This is a highly developmental project to bring basic utilities to the largest island in Lake Victoria and has required imaginative financing to attract the debt required to meet the challenging economics
Nedbank Limited, EAIF and USAID (as co-guarantor)
USD 1.74 million
Total transaction amount
USD 12 million