New outlets report on Uganda’s response to expected donor aid cuts, as well as investors’ responses to the country’s anti-gay law.

The Observer: Gay law: Uganda plans new AIDS fund
“President Museveni on Monday upped the ante in the raging row with the West over anti-gay legislation, backing a special fund for HIV/AIDS. The fund is meant to keep HIV/AIDS patients on [antiretroviral drugs (ARVs)], even in the face of donor aid cuts expected in response to the signing of the Anti-Homosexuality Act…” (Ssekika, 4/1).

Reuters: Investors look beyond anti-gay law and stick with Uganda
“Fuzzy guidelines on ethical investing and aid donors’ timid response to Uganda’s new anti-gay law have reassured fund managers and private equity firms about continuing to invest in the newly oil-rich east African country…” (Cohn, 4/1).