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Tuesday, 24 May 2016

Africa: Germany Boosts Energy Supply Efforts With Rwf13 Billion Grant

The Government and the Federal Republic of Germany, yesterday, signed a bilateral agreement worth €15 million (about Rwf13 billion) to support energy supply in the country and the Great Lakes region. During the signing ceremony at the Ministry of Finance and Economic Planning headquarters in Kigali, the minister, Amb. Claver Gatete, explained that the grant will be fully designated to the regional "Hydropower Station Ruzizi III" project. The fund is expected to contribute to improving energy supply in Rwanda as well as in fostering socio-economic development in the Great Lakes region as the hydro power project is shared by Rwanda, Burundi and the DR Congo. Gatete said: "This bilateral agreement shall increase Rwanda's clean energy generation capacity by about 50 megawatts. We very much appreciate the support of the German government.

Source: allafrica.com