Lead party: African Development Bank Group (lender)
Coverage: The Meridian legal market record (editorial).
The AfDB approved €155.99 million for Phase 1 of Uganda’s Airports Development Programme at Arua Airport. It comprises a €141.15 million AfDB loan and €14.84 million ADF loan; Uganda adds €1.77 million in kind. Works include a 3.5 km runway, a 700,000-passenger terminal and a 25,000-tonne cargo terminal. No advisers are named.
Value (as reported): €155.99 million.
Parties: Lender: African Development Bank Group; Borrower: Government of Uganda.
Jurisdiction (as reported): Uganda · Sector (as reported): Aviation infrastructure.
Source: LinkedIn firm publication, posted 21 June 2026. Meridian record LI-DL-2026-0108.
Target: The Development Bank of Nigeria Plc (government company) · Sector: Financial Services, Microfinance Institutions, MSME Lending · Countries of operation: Nigeria
Transaction type: Debt Financing · Asset class: Private Credit · Strategy: Direct Lending · Instrument: Term Loan, Grant · Deal amount: US$61m
Lead investor/buyer: The African Development Bank Group (AfDB) · Investors/buyers: The African Development Bank Group (AfDB)
Source: announced 11 May 2026. Original announcement: africaprivateequitynews.com.
