Technicians from Rwanda Energy, Water and Sanitation service an electricity pylon in Kigali. PHOTO | CYRIL NDEGEYA |
NATION MEDIA GROUP
By TEA Reporter
In Summary
Rwanda and the European Union Tuesday signed a €177 million
(about $200 million or Rwf157 billion) financing deal that will help the
government improve its energy sector.
The government targets to have 70 per cent of the 11 million
population access electricity by 2018, from 23 per cent as at last year.
The five-year budgetary support aims at improving the supply,
transmission and distribution of electricity in Rwanda, and the
management of the energy sector.
The financing agreement is part of a €460 million (about Rwf407
billion) EU grant to Rwanda to support energy, agriculture, and
governance.
“Energy is one of the top priorities for the Government of
Rwanda,” Claver Gatete, Minister of Finance and Economic Planning said,
further noting that it “is a prerequisite for the achievement of its
main development goal of becoming middle income country by 2020
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