The poor condition of Uganda’s road network is a major impediment to continuing economic growth and poverty reduction, especially for the largest part of the rural population which is dependent on agricultural produce. Rural people’s economic opportunities and access to markets and service delivery agencies is substantially hindered.
CrossRoads (Creating Opportunities for Sustainable Spending on Roads), a 5 year UKaid, has a goal of improving the quality of the Ugandan road network. CrossRoads offers a Construction Guarantee Fund (CGF) intended to strengthen the lender institution’s ability to finance the National road construction and maintenance sector, specifically performance bond guarantees, thereby stimulating economic growth, competition, profitability and cost effectiveness in the sector. The Construction Guarantee Fund is managed by aBi Trust on behalf of CrossRoads.