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A ceremony laying the foundation stone for the Bujagali Hydropower Project was held in Uganda on Tuesday. An IFC, World Bank, and MIGA-backed project, Bujagali is an integral component of Uganda’s strategy to close an energy supply gap constraining social and economic development. The ceremony was attended by Ugandan President Yoweri Museveni and His Highness the Aga Khan, marking the start of construction of the 250 megawatt, run-of-the-river hydropower plant. Local dignitaries and representatives from the development community that have supported the project were also present.