Rwanda: Ruzizi III Hydro Power Project Gets Rwf19 Billion Boost From AfDB

The Government of Rwanda and the African Development Bank (AfDB) yesterday signed a financing agreement worth US$ 24.17 million (approximately Rwf19billon) to support the construction of Ruzizi III regional hydropower plant.

Ruzizi III is shared by Rwanda, Burundi, and the Democratic Republic of Congo (DRC) and is expected to generate more than 147MW of electricity, which will be shared equally amongst the three participating countries with Rwanda getting atleast 50MW of electricity.

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