Afro-Kai Ltd v Uganda Development Bank Ltd
Afro-Kai Ltd v Uganda Development Bank Ltd (Civil Suit No. 31 of 2014) [2016] UGCommC 87 (1 September 2016)
The court found a binding loan contract existed and that revoking the term loan without Bank of Uganda’s denial was a breach. Damages were awarded to the plaintiff.
- Breach Of Contract
- Loan Facility Dispute
- Conditional Offer
- Damages Assessment
- Contractual Obligations
- Breach-of-contract