RWANDA SECURES €260.76 MILLION TO POWER UNIVERSAL ENERGY ACCESS

AfDB and AIIB Join Forces to Transform Rwanda’s Energy Landscape with Clean and Inclusive Solutions

Rwanda Electricity Finance Clean energy access National grid Development.
 
AfDB and AIIB approves €260.76 million funding package to expand Rwanda's electricity network and clean energy access.
AfDB and AIIB approves €260.76 million funding package to expand Rwanda's electricity network and clean energy access.



Rwanda’s drive toward universal access to electricity has received a significant boost, with the African Development Bank (AfDB) and the Asian Infrastructure Investment Bank (AIIB) jointly approving a €260.76 million funding package to expand the country’s electricity network and clean energy access.

The AfDB’s Board of Directors approved €173.84 million for the Rwanda Energy Sector Result-Based Financing (RBF II) programme, with the AIIB contributing an additional €86.92 million. The approval, made on July 14, marks the AfDB’s second result-based energy sector operation in Rwanda, following a $305 million programme in 2018.

The RBF II initiative is aligned with Rwanda’s Energy Sector Strategic Plan (ESSP II 2024–2029). It is designed to deliver measurable results in expanding energy access, modernizing infrastructure, and strengthening institutional capacity.

According to the AfDB, the programme will connect 200,000 households and 850 businesses to the national grid, deliver 50,000 off-grid electricity connections, provide clean cooking devices to 100,000 households and 310 public institutions, and install 200 kilometers of street lighting in secondary cities.

The programme also aims to strengthen the technical and institutional capacity of Rwanda’s energy sector, ensuring sustainability and improved service delivery.

The RBF II programme contributes to two of the AfDB’s High-5 priority areas, “Light up and Power Africa” and “Improve the Quality of Life of the People of Africa.” It also supports the Mission 300 Initiative, a joint effort by the AfDB and the World Bank to connect 300 million Africans to electricity by 2030.

Rwanda continues to position itself as a leader in innovative energy financing and inclusive development, with energy access seen as a key driver for poverty reduction and economic transformation.

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