sports
Akii Bua Olympic Stadium Construction Gets Boost
The long-awaited construction of the Akii Bua Olympic Stadium in Lira, Northern Uganda, has received a significant financial injection following a secured loan of $36.4 million from the African Export-Import Bank (Afreximbank
By Contributor
· 3 min read
The long-awaited construction of the Akii Bua Olympic Stadium in Lira, Northern Uganda, has received a significant financial injection following a secured loan of $36.4 million from the African Export-Import Bank (Afreximbank). This funding is a massive boost expected to accelerate the construction of the key national infrastructure project, named after Uganda’s only Olympic gold medalist.
The stadium’s completion is critically important for Uganda's broader sports infrastructure development, especially as the nation prepares to co-host the AFCON 2027 tournament alongside Kenya and Tanzania. The financial backing ensures the project can meet the necessary international standards and deadlines, making it a viable venue for major continental and global sporting events.
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