Friday, April 26, 2024

Rwanda: Kigali Green City Project Receives €9.6m Grant From KfW

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The Kreditanstalt für Wiederaufbau (KfW), the German development agency, grants a subsidy of 10 billion Rwandan francs (more than 9.6 million euros) for the implementation of the Kigali Green City project.

The Government of Rwanda has the first funds for the implementation of its Kigali Green City project. The grant of 10 billion Rwandan francs (more than 9.6 million euros) is awarded by Kreditanstalt für Wiederaufbau (KfW), the German development agency.

The financing agreement was signed a few days ago in Kigali by German envoy Thomas Kurz and Uzziel Ndagijimana, the Rwandan Minister of Finance and Economic Planning. This is the first part of German funding for this important sustainable development project in Rwanda. Berlin plans to inject a further €20 million for the development of the Kigali Green City project. Read more…

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