Uganda: AfDB, EABC Sign $1 Million Grant Deal to Boost Regional Industrialization
5 Articles
5 Articles
Uganda: AfDB, EABC Sign $1 Million Grant Deal to Boost Regional Industrialization
[Independent (Kampala)] Arusha, Tanzania -- The African Development Bank (AfDB) and the East African Business Council (EABC) have signed a $1 million grant agreement aimed at promoting sustainable industrialisation and strengthening manufacturing value chains across East Africa.
The African Development Bank (AfDB) has approved €173.84 million (Rwf289.4 billion) to support Rwanda’s electricity and renewable energy development programme. This will be supplemented by €86.92 million from the Asian Infrastructure Investment Bank (AIIB), bringing the total project value to €260.76 million (Rwf435 billion). The African Development Bank (AfDB) said in a statement that the funds will support Rwanda’s RBF II project, which aims t…
AfDB and AIIB commit over €260 Million to support Rwanda’s energy access goals - Africa Sustainability Matters
The African Development Bank (AfDB) and the Asian Infrastructure Investment Bank (AIIB) have approved more than €260 million in financing to support Rwanda’s efforts to expand access to affordable and reliable energy. The funding will go toward the country’s Energy Sector Result-Based Financing (RBF II) program, which focuses on grid expansion, clean cooking technologies, […]
Rwanda secures over Rwf430 billion to scale up energy access
Rwanda’s efforts to improve electricity infrastructure and clean energy access received a new boost, with €260.76 million (approx. Rwf435 billion) meant to fund a related project – the Rwanda Energy Sector Result-Based Financing (RBF II) programme, according to a July 17 statement by the African Development Bank (AfDB) Group. The funding includes €173.84 million (approx. Rwf290 billion) that the African Development Bank (AfDB) Group approved on …
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