29/07/2025
: The Board of Directors of the African Development Bank Group has approved €173.84 million for the Rwanda Energy Sector Result-Based Financing (RBF II) program to modernise the electricity network, expand access to clean energy, and strengthen institutional capacity.
The Asian Infrastructure Investment Bank will provide an additional €86.92 million, bringing the total program cost to €260.76 million. It will connect 200,000 households and 850 productive use customers to the national grid, add 50,000 new electricity connections through off-grid solutions, provide clean cooking devices to 100,000 households and 310 public institutions, and install street lighting on 200 km of roads in secondary cities across Rwanda.
The RBF II program is a key deliverable under the Bank’s “Light up and Power Africa” and “Improve the Quality of Life of the People of Africa" High-5 priorities. Additionally, it will contribute to delivery on the Mission 300 Initiative of the African Development Bank and the World Bank to connect 300 million Africans to electricity by 2030.
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