Rwanda - African Development Bank Extends $84 Million in Financing to Boost Electricity Access

31 May 2021
Content from a Premium Partner
African Development Bank (Abidjan)

The Board of Directors of the African Development Bank Group has approved $84.22 million in loans and grants to electrify nearly 80,000 rural households in south Rwanda. The project will advance the country's goal of universal electrification and benefit small businesses and youth.

The funds comprise a loan of $36.77 million from the Bank Group's African Development Fund and a $47.45 million ADF grant. The approval was made on 26 May.

The Transmission System Reinforcement and Last Mile Connectivity project will provide first-time electricity connection to 77,470 households to the grid, entailing the construction of 595 km of medium voltage distribution lines and 1,620 km of low voltage distribution networks in six southern Rwanda districts. The project will also see the upgrade, rehabilitation and extension of 1,720 km of low voltage network, and distribution of transformers in secondary cities with high load.

The project is expected to improve power supply reliability and stability across the country, expand electricity access and contribute to reducing greenhouse gas emissions by enabling access to clean energy. The project is also expected to bolster education by extending students access to light for study, and benefit small and medium enterprises while enhancing job creation for youth.

The project is part of the Rwanda Universal Energy Access Program (RUEAP), which seeks among other goals, to achieve universal access to electricity by 2024. It is also aligned with the country's long-term development framework, Vision 2050.

The project also draws from two of the Bank's High-5 strategic priorities: Light Up and Power Africa and Improve the Quality of Life for the People of Africa.

Contact:

Olufemi Terry | Communication and External Relations Department | African Development Bank | email: o.terry@afdb.org

Technical contact: Alemayehu Wubeshet-Zegeye, Division Manager

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.