international banks
Rwanda Gets $30 M to Boost COVID-19 Vaccination Plans
Rwanda has got from the World Bank $ 30 million that will be injected in the continued vaccination plan of reaching 60% of the population in 2022. The financing agreement was…
Rwanda Among Countries in Good Economic Recovery Trend – IMF Report
Sub-Saharan Africa’s economic growth is set to recover in 2021 but the path to overcoming the long-lasting effects of COVID-19 pandemic will be difficult unless vaccination…
Canada, AfDB Sign CAD 133 Million Gender Lens Climate Fund for Africa
The Government of Canada and the African Development Bank have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional…
Covid-19: Rwanda’s Debt Burden Increase to ‘Moderate Risk’
Rwanda’s Minister of Finance said last week, that the Covid-19 crisis compelled the government to borrow more money which has moved the country’s status from low…
You Have Our Full Support- President Kagame to AfDB’s Dr Adesina
President Kagame has given his full support to the re-elected President of the African Development Bank (AfDB), Dr. Akinwumi A. Adesina, saying that the continent will rally behind him…
AfDB to Elect Its Next President This Week
African Development Bank will this week hold a virtual annual meeting with the election of its President on top of the two-day agenda. The meeting is scheduled to take…
IMF Approves $111.06 Additional Funding for Rwanda to Deal with COVID-19 Impact
Rwanda will get an additional $111.06 funding from the International Monetary Fund (IMF) to support the country’s economic recovery efforts following the impact of the New Coronavirus impact…
Rwanda Joins Africa Finance Corporation
Rwanda has signed the ratification of the Africa Finance Corporation (AFC) agreement becoming the newest member in Africa to enter the continental infrastructure financing deal. Rwanda parliament today voted for…
Africa Drowning in Debt is Nonsensical – Dr Kaberuka
The former President of the African Development Bank (AfDB) and Chairman of the Global Fund board, Dr Donald Kaberuka has described the argument of Africa drowning into debt, particularly Chinese…
EAC, COMESA, ECOWAS Launch Platform to Link African Women Entrepreneurs
The launch of the 50 Million African Women Speak Networking Platform to provide African women entrepreneurs with access to information on financial and non-financial services will be vital for…
Rwanda, AfDB Sign Deal to Boost Water Distribution
In a move to increase water production capacity, Rwanda and African Development Bank (AfDB) on Wednesday, January 16, 2019, signed €115million (Rwf117.3 billion) to boost the country’s sustainable…
AfDB Commits $30M for Rwanda Innovation Fund
Minister Claver Gatete and AfDB Director of Private sector Abdu Mukhatar at the signing ceremony. The African Development Bank (AfDB) has committed a $30 million loan to support the establishment…
