Ending Conflict and Building Peace in Africa - AM 2014

Annual Meetings Website

Interview of President Kaberuka - AM 2014

Annual Meetings Website  

Green Growth: The Future for Africa (Video report) - AM 2014

Annual Meetings Website

African Development Bank, partners fund construction of 208-kilometre regional road project in Rwanda

The African Development Bank, the European Union (EU) Delegation in Rwanda, Embassy of Japan in Rwanda and Japan International Cooperation Agency (JICA) joined the Government of Rwanda to launch the rehabilitation and widening of the Kagitumba-Kayonza-Rusumo road works in the Eastern province of Rwanda. The Bank’s US $93.1 million contribution represents 51% of the total cost for the project, which will directly serve 1.1 million and facilitate travel and trade between Rwanda, Uganda and the Eastern African region. Speaking at launch of the road construction work, Martha Phiri, Country...

RWANDA - Rwanda Innovation Fund

The Government of Rwanda wants to create a ‘smart’ economy built, in part, on local, tech-focused solutions. The Rwanda Innovation Fund (RIF), to be established under the proposed project, aims to address the financing gap that tech-enabled companies face at different growth stages in Rwanda and in the wider East African region. In order to address the financing gap, the project will establish affordable funding mechanisms for growth companies. To achieve this, the project will provide equity financing for Tech Enabled Small and Medium-size Enterprises (SME’s), train techoriented...

East Africa Economic Outlook 2018

The East Africa Economic Outlook reviews economic performance in 2017 and forecasts the next two years by highlighting the region’s key drivers of growth, opportunities, and challenges. It covers major macroeconomic developments in the region’s 13 countries and discusses structural issues affecting future growth, poverty, and inequality. It also presents in part II a synopsis of manufacturing activity in the region, drawing on a previous study of seven of the region’s countries. The outlook selects manufacturing as the sector to cover due to its potential to drive future growth and employment...

Rwanda - New Bugesera international airport in Bugesera - ESIA Summary

The New Bugesera International Airport (‘the Proposed Project’) will involve the construction of a new airport approximately 23 km to the southeast of Kigali City. The airport will be situated within the Rilima and Juru sectors of the Bugesera District in the Eastern Province of Rwanda. This ESIA summary highlights the key assessment and management plans designed by the project development company – Bugesera Airport Company (BAC) to ensure the proposed project component activities comply with both Rwandan and the African Development Bank’s E&S policy requirements namely the Integrated...

Statement delivered by Gabriel Negatu, Director General, East Africa Regional Development and Business Delivery Office, on behalf of Akinwumi A. Adesina, President of the African Development Bank - Kigali, March 21, 2018

Your Excellency, President Paul Kagame, Chairman of the African Union Your Excellencies, Heads of State and Government, Your Excellency, Moussa Faki Mahamat, Chairperson African Union Commission, Honorable Commissioners, Ministers, Ambassadors Distinguished Ladies and Gentlemen, Today, Africa celebrates a major milestone, with the establishment of the Continental Free Trade Area (CFTA). We have risen to the challenge and we are on our way! I wish to specially thank the African Union Commission, the Economic Commission for Africa, the negotiators, and the CFTA Champion, H.E....

Martha Phiri, Bank Group’s Country Manager to Rwanda, presents her Letters of Accreditation

The African Development Bank Group’s newly appointed Country Manager to Rwanda, Martha Phiri, on January 8, 2018, presented her Letters of Accreditation to Olivier J.P. Nduhungirehe, Rwanda’s Minister of State at the Ministry of Foreign Affairs, Cooperation and East African Community. During the audience, the Minister expressed the Government’s appreciation for the strong development partnership that the country enjoys with the Bank. He welcomed the Bank’s sharpened focus on the High 5s (Light up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa and Improve...

Rwanda - Skills and Business Development Programme (SBDP)

Management submits the following proposal and recommendation for a loan of UA 60 million to the Republic of Rwanda to finance the Skills and Business Development Programme (SBDP). This is a 3-year Sector Budget Support (SBS) designed to boost the government’s economic transformation and job creation agenda by increasing domestic production under the Made in Rwanda Policy. The SBS will be implemented in Fiscal Years (FYs) 2017/18 to FY2019/20. Since FY 2012/13, the Bank has been supporting the government’s agenda on job creation through the Skills, Employability and Enterprise Programme (SEEP...

African Development Bank supports small businesses in East Africa with US $ 15 million

The Board of Directors of the African Development Bank has approved an equity investment of US $15 million in Catalyst Fund II, a second-generation private equity fund investing in mid-market companies in East Africa. Building on its successful deployment of Catalyst Fund I, Catalyst Principal Partners, a prominent East African private equity fund, launched Catalyst Fund II with a target size of US $175 million in low-income countries, comprising four core East African countries (Kenya, Tanzania, Ethiopia and Uganda), together with Rwanda, Zambia and the Democratic Republic of Congo. As...

Rwanda - Sustainable Water Supply and Sanitation Program - Appraisal report

The development objective of the program is to improve the quality of life and socio-economic development of the people and country by ensuring equitable provision of adequate, reliable and sustainable water and sanitation services for targeted cities with a view to promote economic growth and transformation. The program objective will be achieved through: 1) Water Supply Infrastructure and Services Improvement; 2) Sanitation Infrastructure and Services Improvement; and 3) Institutional Support. The proposed overall program will be implemented in the City of Kigali and the satellite cities of...

Rwanda Sustainable Water Supply and Sanitation Program – ESIA Summary

The Rwanda Sustainable Water Supply and Sanitation Program (RSWSSP) will include three main components namely; (i) Water Supply Infrastructure and Services Improvement component, (ii) sanitation infrastructure and services improvement and (iii) Institutional Support, but only two of them have been subjected to Environmental and social assessment. The first two of these components will seek to improve water supply and sanitation services in the City of Kigali and in the six satellite cities of Musanze, Rubavu, Muhanga, Nyagatare, Huye, Rusizi and in Karongi Town.

Multinational - Interconnection of Electric Grids of Nile Equatorial Lakes Countries Project

Management submits this Memorandum and Recommendation to provide a supplementary loan of UA 5.840millionby re-allocating from 70% of cancelled balancesof loans of completed projects to the Republic of Uganda to financethe funding gapof the above project. The shortfall arose mainly from depreciation of loan currencies (UA and JPY) againstthe contract currencies ofEUR and US Dollarand variation orders due to changes in scope.

RWANDA - Bank Group Country Strategy Paper 2017 - 2021

Rwanda’s has overcome the 1994 Genocide and has established itself as a leading reformer with one of the highest real GDP growth rates globally. Following the end of the genocide against the Tutsi in 1994, Rwanda has made significant progress towards political stabilization, reconciliation and the rule of law. Real GDP growth averaged a robust 7.9% between 2000 and 2015 and poverty has been reduced from 56.7% in 2005/06 to 39.1% in 2013/14. Real GDP per capita more than tripled from USD 207 in 2000 to USD 718 in 2015. Sustained implementation of reforms, a prolonged period of peace and...

AfDB Board approves 2017-2021 Country Strategy Paper for Rwanda

The African Development Bank (AfDB) will support Rwanda’s economic transformation by boosting inclusive private sector-led growth and creating higher value-added formal employment with an indicative financing package estimated at US $939.4 million over a five-year period. This support package is contained in the Bank’s 2017-2021 Country Strategy Paper (CSP) for Rwanda, which will guide the Bank’s operations in the country during the next five years, approved by its Board of Directors on Wednesday, November 23, 2016 in Abidjan, Côte d’Ivoire. While commending Rwanda’s remarkable socio-...

Rwanda- Increasing Climate Change Adaptive Capacity of Rwanda Communities – ESMP Summary

This document is a summary of the Environmental and Social Management Plan (ESMP) of the project Increasing Climate Change Adaptive Capacity of Rwanda Communities (ICCAC). In accordance with national regulations and requirements of the Integrated Safeguards System (ISS) of the African Development Bank (AfDB), the project is classified in Category 2. This summary was prepared in accordance with AfDB guidelines and procedures for Category 2 projects. It describes the project and its environment, followed by its key environmental and social impacts as well as the requisite mitigation and...

Eastern Africa’s Manufacturing Sector - Rwanda Country Report - November 2014

This country report was prepared as part of a regional assessment of the manufacturing sector in Eastern Africa covering seven countries – Burundi, Ethiopia, Kenya, Rwanda, Seychelles, Tanzania and Uganda – commissioned by the African Development Bank (AfDB), East African Regional Resource Center (EARC). The report was task managed by Dr. Tilahun Temesgen, Chief Regional Economist, EARC. Overall guidance was received from Mr. Gabriel Negatu, Director, EARC, Nairobi, and Messrs. Abraham Mwenda and Stefan Muller, Lead Economists, EARC. The document was prepared by Mr. Valentin Gerold, BKP...

Speech Delivered by President Akinwumi Adesina of the African Development Bank at the 7th African Agricultural Science Week and FARA General Assembly, held in Kigali, Rwanda, June 13, 2016

Good morning Your Excellency President Paul Kagame ably represented by the Prime Minister, Honorable Anastase Murekezi, the AU Commissioner for Human Resources, Science and Technology, H.E. Martial de Paul Ikounga, the EU Representative in Rwanda, H.E. Michael Ryan, Hon. Geraldine Mukeshimana, Minister for Agriculture and Animal Resources for Rwanda, Honorable Ministers, heads of diplomatic agencies, scientists, farmers, distinguished ladies and gentlemen. Let me welcome you all to the 7th African Agricultural Science Week and FARA General Assembly. FARA is doing a great job for Africa,...

Rwanda - Combined 2012-2016 Country Strategy Paper Mid-Term Review with Country Portfolio Performance Review

The combined mid-term review (MTR) of the Bank’s Country Strategy Paper (CSP) 2012-16 for Rwanda and Country Portfolio Performance Review (CPPR) has provided a platform for the Bank and the Government of Rwanda (GoR) to assess progress made to date in the implementation of the strategy, review the current strategic focus of the CSP, and to define the Bank’s strategy for the remainder of the CSP period (2014-16). As the main outcome of the CSP MTR/CPPR, the Bank and GoR agreed that the CSP’s current strategic focus on (i) infrastructure development; and (ii) enterprise and institutional...