In the event that took place in Village Urugwiro on Tuesday, Kagame received credence letter for Mrs. Julia Pataki, Romanian Ambassador with Residence in Nairobi, Kenya.
Also received is credence letter for Mr. Konstantinos Moatsos, Grecian Ambassador with residence in Nairobi, Kenya. Also the Head of State received Ms. Rakiatou Mayaki, Nigerian Ambassador with residence in Pretoria, South Africa.
Kagame also received credence letter for Seyed Morteza Mortazavi, Iranian Ambassador with residence in Kampala, Uganda. Among presented their credentials is Mr. Nicolla Bellomo, European Union Ambassador with Residence in Kigali.
Also Kagame received credentials for Oumar Daou, Malian Ambassador with residence in Kigali. Also received is Mr. Abdalla Hassan Eisa Bushara, Sudan's Ambassador with residence in Kigali.
Kagame also received credentials for Ms. Lulit Zewdie Gebremariam, Ethiopia Ambassador with residence in Kigali and Ms. Joanne Lomas, United Kingdom Commissioner with residence in Kigali.
During President Paul Kagame's last week visit to Tanzania, he agreed with President John Magufuli to construct a 400-kilometer standard gauge railway (SGR) line from Isaka to Kigali.
After talks between both Heads of States, Magufuli told media that the construction of the railway line will be jointly financed by the two countries.
While he was speaking to national broadcaster, RBA yesterday, the Manager of Planning and Research Division at Rwanda Transport Development Agency (RTDA), Fabrice Barisanga said that the 2014 action plan revealed that the whole railway project from Dar es Salaam to Kigali will be 1464 kilometers.
He said that currently, they are looking at 494 kilometer Isaka-Kigali phase where Rwanda has 150kiliometers to construct.
“Action plan shows us that the whole project will take us $2.5 billion. It is a big project that requires enough financial means,” he said.
“It is in line with President Kagame's visit in Tanzania where he and Tanzanian president agreed to fast-track the project. For us Technicians, we are ready to start implementation based on Head of States' agreements,” he explained.
The project will pass through Eastern Province's Districts of Kirehe-Ngoma-Bugera to Kicukiro District in Kigali, Masaka Sector.
Study shows that properties for 2450 people will be affected by the project.
Speaking to IGIHE, the State Minister of Transportation in the Ministry of Infrastructure, Jean de Dieu Uwihanganye said that both countries should agree on ways to find the financing sources.
“As they have requested us, in two weeks, we will have agreed on the way to go,” he said.
Construction works for Tanzanian part have started and works are being implemented in two phases. The first phase is Dar es Salaam-Morogoro with 330 kilometers and Morogoro- Makutupora with 426 kilometers.
The railway is expected to ease transportation between Rwanda and Tanzania. Currently, 70% of Rwanda's importations pass through Tanzania.
Speaking to IGIHE, Rushyashya Managing Director, Jean Gaulbert Burasa said that Kayumba had no health complications and that they had talked on phone in the morning a day before had no problem.
“Yesterday he was at home, he didn't work, I called him at around 11:00am asking him the reason he didn't attend to work and told me that he would come later,” he said.
“The situation changed at around 3:00pm and they took him at Ndera Health Center which referred him to Kibagabaga Hospital, but died on the way. We are not aware of the cause of his death,” he said.
Since 1991 to 1994, Kayumba worked for Tanzania based media house Business Times. In 1998 he established the defunct ‘Ukuri Newspaper'. From 2003 to 2006, he was a commissioner at Rwanda Media High Council.
The games will take place in Musanze District of Northern Province.
Rwanda was admitted following the monitoring exercise by 40 delegates from Kenya, Tanzania, Uganda and Rwanda. The monitoring exercise took place on 13th and 14th.
The delegation monitored different infrastructures and pitches which would facilitate the games go smoothly.
FEASSSA President, Justus Mugisha said that Rwanda has majority of requirements, a reason that they were allowed to host the games.
“We are happy to announce that first monitoring exercises revealed that majority of requirements are in place. We also affirm that the competition will go smoothly based on previous competitions that Rwanda hosted,” he said.
He said that more monitoring exercises will be conducted as the preparation of competition continues.
“The second monitoring exercise will be conducted in April to observe how all requirements will be already in place,” he added.
Musanze District Vice-mayor in charge of finance and economic development, Augustin Ndabereye said that hosting the competition in the district is another advantages for local investors.
“It is a big opportunity that we are going to use by putting in place good infrastructures on expected standards, we also call upon investors to offer good services as they will be hosting different people from different places,” he said.
FEASSSA competition will include different games like football, Volleyball, Handball, Tennis and Swimming among others.
For its 3rd time to take place in the country, the competition will attract 4000 competitors from East African Community Countries.
This is a good development of course, but it also means that there are increased chances of falling victim to fraudsters, because believe it or not, there are a lot of them waiting to prey on unsuspecting people.
So with this knowledge, how then do we protect ourselves from such people online? Well, these 4 tips below might be useful.
Use your card only on trusted sites
While there are millions of websites that allow you do business online, only a few are genuine, and even amongst the genuine few, not many can guarantee you security. So the best thing is to only use sites that belong to major brands, and where it's explicitly stated that there's security for your card information. That way, you can hold them liable if anything goes wrong on their part.
Do not give anyone your card information
There are people who trust others enough to entrust them with their card information. Such things as your Card number, your CVV number, and secret pin should be personal. It doesn't matter how urgently you need to get cash or do a transaction, it's unwise to reveal your card information. Sometimes, it's not even the friends you ask to help you withdraw some money that's the problem; it's the people in their life. Also avoid giving your card info to strangers online for any reason.
Protect your computer
The other way you can secure your card and business transactions you do online is to secure your computer, you should never think of shopping online or use your credit card with a computer that's riddled with viruses, spyware or malware and key loggers.
Consider changing your password after each transaction
It's not an easy option considering that you'll need to form a new password every time you do business online, but it's a safe option if you can do it. This option guarantees you safety because it means that anyone who wants to defraud you would have to go through you first. This option isn't necessary if your bank sends you an OTP each time you want to do a transaction online.
The motorcycle TVS registration number RC 661C had been reportedly stolen earlier that night after Bigirabagabo and another person still at large, broke into the house of one Emmanuel Ndayizeye, also located in Mugina, and stole it.
Chief Inspector of Police (CIP) Emmanuel Kayigi, Police spokesperson for the Southern Province said that Bigirabagabo was intercepted by the night patrol.
“Bigirabagabo and another person vandalized the door and stole the motorcycle; unfortunately, the occupants couldn't hear because it was raining heavily, but after realizing that they have been robbed they immediately called the Police,” CIP Kayigi said.
“Timely reporting helped to relay information across security organs on night patrol, and the thieves were intercepted at about 1:40am in Murambi village of Mbati, Mugina Sector, although one of the suspects managed to escape,” he added.
Bigirabagabo, who hails from Nyarugenge District, and according to investigations, his accomplice hails from Kamonyi, and is said to be the brain behind the break-in.
Bigirabagabo is currently detained at Mugina Police station pending further investigations.
“Timely information sharing is essential in recovering stolen items and apprehending suspects,” Kayigi said.
The youth are from various religious denominations in Rutsiro.
Assistant Inspector of Police (AIP) Jean Bosco Mugenzi, the District Community Liaison Officer (DCLO) of Rutsiro, while speaking to the youth in Gihango Sector, said that one of the challenges affecting the young generation is illicit drugs.
The session was also attended by the Pastor Dominique Hitimana, who heads the youth group.
“The young people are the majority victims of narcotic drugs. It's a problem that has denied some of your generation education, destroyed their health and turned them into criminals or people who are not resourceful to their families, communities and the country,” AIP Mugenzi told the youth.
Narcotic drugs are said to be causing heath and liver diseases, cancer and mental illness. It is also said to be one of the causes of school dropouts, domestic conflicts and child abuse.
The DCLO also took them into the legal implications of people that indulge in drug related crimes. The law related to narcotic drugs and psychotropic substances is currently being revised, hiking the penalty to between 20 years and life sentence to dealers.
He urged them to focus on their education, support their parents and community development, and be agents of community policing by reporting wrongdoers such as drug dealers.
Pastor Hitimana thanked Rwanda National Police for guiding the youngsters and teaching them values that makes them into focused and resourceful people.
The rates prevailing up until 2017 were set in 2008 and have been superseded by events such as the increase in claims trend by third parties, increased cost of spare parts and reinsurance, the Central Bank (BNR) has said in a statement.
“Following the industry's revised motor insurance premium rates effective January 01, 2018, the National Bank of Rwanda (BNR) as the regulator of Rwanda's insurance sector would like to inform the public that it is aware of the increased premiums and the factors that led to this increase,” reads the statement signed by BNR Deputy Governor,Dr. Monique Nsanzabaganwa.
In a statement issued yesterday, BNR says that the insurance sector plays a critical role to the development of the economy including risk transfer and indemnification thereby facilitating financial intermediation, savings mobilization, as well as facilitation of trade and commerce.
However, over the past few years, the insurance sector in general and the motor insurance in particular has faced significant challenges including significant losses driven mainly by weak underwriting and price undercutting as well as high claims ratios.
To address these concerns, the Central Bank in 2013, commissioned ActServ, an insurance consultant firm, to conduct to conduct an actuarial study of motor insurance in order to assess the technical profitability of this sub-sector and determine minimum premium rates.
The study recommended an upward revision of premium rates at the time but these were not immediately implemented and the performance of the motor insurance sub-sector continue to deteriorate.
The rates prevailing up until 2017 were set in 2008 and have been superseded by events such as the increase in claims trend by third parties (e.g. bodily injury compensation currently calculated between Rwf2,500 to Rwf3,000 per day against Rwf500 before 2010), increased cost of spare parts and reinsurance.
“It is against this background that the premium rates were revised upwards by the Association of Insurers in Rwanda(ASSAR) with effect from 1st January 2018. The change in prices will remove distortions that were threatening to crush this sector. If the sector was to collapse, the consequence on the economy would be disastrous, knocking off billions of economic wealth from the Gross Domestic Product (GDP) index,” reads the statement.
The BNR ensures that they will continue working together with different stakeholders to ensure that the financial sector in general and the insurance sector in particular is financially sound and stable.
BNR also urges the public to be vigilant drivers, to report and avoid fraud as well as ensure that claims are not overstated. These will help in keeping rats affordable going forward.
In the discussion on Monday, Sarkozy told Kagame that he was happy to step again in Rwanda after a long time. The presidency is yet to announce the purpose of the visit.
The discussion also featured Rwandan Minister of Foreign Affairs and East African Community Affairs, Louise Mushikiwabo.
Sarkozy ruled France from May 16, 2007 to May 15, 2012. He is credited by Rwanda for doing the best during his tenure to revive the two countries relations which strained after the 1994 Genocide against the Tutsi in which France allegedly supported the perpetrators.
Sarkozy also visited Rwanda in 2010 and admitted that his country did not do enough to prevent or stop the genocide but did not apologise for France's alleged role.
Rwanda expelled French ambassador Dominique Decherf in 2006 after that the French judge Jean Louis Bruguière had issued arrest warrants against Rwanda's top leaders over the shooting of a plane in which died former President Juvénal Habyarimana in 1994.
After succeeding Jacques Chirac in the French presidency, Sarkozy restored the relations in November 2009 and new ambassador Laurent Contini was sent to Kigali a few days later. Contini was recalled by France in 2011 and Rwanda rejected his replacement Hélène Le Gal and France later sent Michel Flesch who was admitted in Kigali.
Flesch was recalled in 2015 and Rwanda has not approved his successor since then.
Visiting Rwanda in 2010, Sarkozy told media that France regretted its “errors” which contributed to the genocide but stopped short of apologising for role.
“What happened here is a defeat for humanity. What happened here compels the international community including France to reflect on the errors that stopped us from preventing and halting this abominable crime," he said.
Shortly after Sarkozy visit, President Kagame also visited France to attend the conference of Heads of State of countries that use French language.
Kagame told media at the occasion that Rwanda wanted partners, not those who wanted to give Rwanda directions.
“We are looking at opening in the first half of the year. Volkswagen South Africa is continuing with its plans to introduce an integrated mobility strategy for Rwanda that includes an assembly operation. Details will be announced within the next few weeks,” Stefan Mecha, director of sales and marketing at Volkswagen SA, told Rwanda Today.
He said the plant will be located at the Special Economic Zone in Kigali, and will focus on producing at least 1,000 vehicles in its first year of operation.
The plant will primarily assemble a new model of Volkswagen called “Think Blue,” which is said to be environmentally friendly and the electric versions of its VW Golf model.
Last year in September, Thomas Schafer, the chief executive of Volkswagen SA, said the company plans to double production of assembled vehicles annually once the plant is up and running.
The exact cost of the plant will be provided when a team of Volkswagen's executives visit Rwanda in the coming weeks.
Last year, the carmaker completed a feasibility study of the project, which Rwanda Development Board said was positive.
Officials at Rwanda Development Board were not available to comment by press time, but the deal is expected to create new jobs and boost the country's industrial sector.
Volkswagen stands to get a seven-year corporate income tax holiday if it invests at least $50 million — an incentive reserved for investments in the manufacturing, energy, tourism, health and ICT sectors.
Although organisations like ActionAid argue that the country revenue through such tax holidays, the government says the incentives will lure more investors, create multiple jobs and lead to economic growth.
Rwanda recorded its largest investment of 2017 in September last year when American firm Symbion Energy signed an investment agreement with the government worth $370 million to develop methane-generated power plant in Lake Kivu.
Source: The EastAfrican
The official send-off party was held at the RNP General Headquarters in Kacyiru, and presided over by the Minister of Justice and Attorney General, Johnston Busingye.
Present was also the Inspector General of Police (IGP) Emmanuel K. Gasana and DIGPs; Dan Munyuza of Operations and Juvenal Marizamunda of Administration and Personnel.
Minister Busingye thanked the retirees for their patriotism and distinguished service to their country, urging them to exhibit the same discipline in the new life.
He further paid tribute to those, who took part in the country's armed liberation and the contribution of each and everyone in building a professional Police force.
“We are here to honor your contribution and bid you farewell in a dignified manner that befits your service,” said Minister Busingye.
He hastened to add that their retirement is only a “suspension of active service” adding that the “mission continues.”
Minister Busingye further urged them to join hands with other Rwandans to serve the nation in other capacities to continue to drive the country's transformation process.
IGP Gasana said that the officers served their country well with integrity, and that they are retiring with dignity.
The Police Chief reiterated their “exemplary service” and acknowledged individual and collective contribution to peace, safety and security and the overall service delivery of the force.
“Rwanda National Police recognizes the journey moved, the hurdles faced and challenges overcame together,” IGP Gasana said.
“We will certainly continue to count on you in other policing capacities…calling on you when need arises and tapping on your knowledge,” he added.
Speaking on behalf of the retired officers, Assistant Commissioner of Police (rtd) Elisa Kabera, acknowledged the support of the RNP leadership and the country in general, and for having faith in their abilities.
Tanzanian President John Magufuli told a news conference in Dar es Salaam after talks with Rwandan President Paul Kagame yesterday that the construction of the railway line will be jointly financed by the two countries.
"We have directed ministers of foreign affairs from the two countries to meet next week to start charting out the financing model," said Magufuli.
"We want the construction of the railway line to start immediately because the feasibility studies and all other preparations are complete," said the Tanzanian leader.
Tanzania has already started construction of the standard gauge railway in two phases from Dar es Salaam to Morogoro covering 330km, and from Morogoro to Makutupora in Dodoma covering 426km, using locally sourced funds to the tune of about 3 billion U.S. dollars, according to President Magufuli.
"Both President Kagame and I have agreed to look for loans to speed up the construction of the railway line," said Magufuli.
Magufuli added that Tanzania fully supported president Kagame's candidacy for the AU chairmanship.
"I am happy to work with president Magufuli and other African leaders. They have given me these responsibilities because they are ready to give me support to enable me accomplish my tasks," said Kagame.
The premier was speaking Sunday at the National Prayer Breakfast that took place at the Kigali Convention Centre. Organised annually by Rwanda Leaders Fellowship, the prayer attracts top government, church and civil society leaders.
Dr Ngirente presided over the prayer as President Paul Kagame who usually does it was visiting Tanzania on Sunday.
The 23rd edition of the prayer considered the increasing drug abuse among the youth as a serious issue that must be tackled through concerted efforts to nurture youth who can contribute to the national development.
“Rwanda Government values the youth a lot. They constitute around 70% of the population and no development is possible without their hand. They are our labour force and future leaders. We have to instil good values in them at their early age to give them good vision,” said Dr Ngirente.
He urged church leaders to encourage the youth to match their religious beliefs with good deeds and make sure they walk their talk.
“Raising well our children will reduce the number of drug users. We have to fight drugs with all our efforts and God is on our side because he wants good life among his creatures,” he said.
President Kagame also called for tight fight against drugs during the National Dialogue Council last month.
Rwanda Education Board (REB) embraced the fight a fortnight ago, announcing that students going to study abroad will have to submit a medical certificate from a recognised hospital proving that they are drug-free.
The medal decoration ceremony was held at SOCATEL M'POKO CAMP, the RWANBATT 4 Base Camp in BANGUI, on 12 Jan 2018.
The medal award ceremony was presided over by the Special Representative of the UN Secretary General (SRSG), His Excellency Parfait ONANGA ANYANGA.
He commended Rwanda peacekeepers for the hard work, courage and dedication they are demonstrating on the ground while providing security and protection to the Central Africa Republic population.
“I would like to recognize the commendable efforts of everyone here on parade and honor your dedicated service here in CAR. Your efforts and professionalism are highly regarded and you make a valuable contribution to MINUSCA. Wear these medals as proud and worthy ambassadors of your country and of the United Nations that you are”, the SRSG said while awarding medals to Rwandan Peacekeepers.
In his remarks, the Rwandan Contingent Commander, Lt Col Emmanuel NYIRIHIRWE, said that the medals awarded will be a motivation to their renewed commitment to the fulfillment of the duties ahead to bring peace to brothers and sisters in CAR.
He expressed his profound gratitude for the cooperation and support extended to RWANBATT 4 by both MINUSCA and the Joint Task Force Bangui leaderships that led the unit operations to its success.
He also congratulated his troops for the discipline, the selfless service and the high level of performance demonstrated during execution of their duties and urged them to keep it up till the end of their tour.
Among other dignitaries who attended the event were the MINUSCA Force Commander, Lt Gen BALA KEITA, the Deputy Force Commander Maj Gen Daniel SIDIKI TRAORE, the Joint Task Force Bangui Commander Brig Gen Mohamed SELLUM.
The event was also attended by Members of parliament, local leaders of the 3rd, 5th and 7th Arrondissements and local population. The colorful event was also marked by a military parade and culture troop performance by RWANBATT 4.
Mr Dickson Ogwang has been asked to immediately pack his bags after he allegedly beat his wife.
The State Minister for International Affairs, Mr Okello Oryem, confirmed the reports and said: “One of our officers had a domestic incident at his house that resulted in him being asked to leave the country; It is unfortunate and we at the Ministry of Foreign Affairs recognise that.”
He added: “When he arrives, we shall counsel him together with his wife so that such a thing does not happen again.”
Mr Okello, however, refuted claims that Mr Ogwang had been asked to leave after US police raided his home following the incident.
According to information this publication has received, Mr Ogwang had allegedly hosted guests for a thanksgiving at his residence among whom included a lady he was having an affair with.
Having raised insecurities about the said lady, Mr Ogwang beat up his wife.
“Mr Ogwang waited for most of the guests to leave and severely beat his wife injuring her nose,” a source told Daily Monitor.
“When the incident was reported to police it became an issue of diplomatic concern as authorities in Washington wanted Mr Ogwang prosecuted,” the source added.
According to the source, a few guests who were still at the residence called in police to intervene and Mr Ogwang's wife was rushed to hospital.
The American Embassy spokesperson, Mr Phil Dimon, when contacted referred us to Ministry of Foreign Affairs.
It was reported that Trump described El Salvador, Haiti and Certain African nations as ‘Shithole countries' during a meeting with senators on Thursday.
Trump made the remarks while opposing a proposal he was presented about restoring protections for immigrants from those countries as part of bipartisan immigration deal.
Asked by the media about her reactions on Trump's words on Saturday, Mushikiwabo said that they are ‘appalling words'.
“First of all, if these words were spoken, it is so appalling. The second is that there are things concerning Africa that were referred to, Africa should face them,” she said.
“In other words, Africa as a continent should do everything to restore the dignity for African people and prove our worth as a continent. Such words, though I am not sure they have been used, but if so, they are appalling and inappropriate,” she added.
Different leaders, organisation condemn the remark
Different organisations and leaders condemned the remarks and called for Trump apology.
The African Union Mission in Washington said that Trump should apologise for the statement he made.
“The African Union Mission wishes to express its infuriation, disappointment and outrage over the unfortunate comment made by Mr. Donald Trump, President of the United States of America, which remarks dishonour the celebrated American creed and respect for diversity and human dignity,” reads the statement issued.
"The African Union Mission condemns the comments in the strongest terms and demands a retraction of the comment as well as an apology not only to Africans but to all people of African descent around the globe."
“The language of Donald Trump that the African continent, Haiti and El Salvador are “shithole countries” is extremely unfortunate. We are certainly not a “shithole country”. We will not accept such insults, even from a leader of a friendly country, no matter how powerful,” reads the President of Ghana Nana Akufo-Addo's tweet.
Ebba Kalondo, the spokesperson for AU Chairperson Moussa Faki, told AFP that Trump's statement "truly flies in the face of accepted behaviour and practice."
"This is not only hurtful, I think, to people of African origin in the United States, but certainly to African citizens," she said.
"It's an extremely upsetting statement," she added.
Some 130,000 Burundian and Congolese refugees in camps in Rwanda rely on humanitarian assistance to meet their food needs. They receive from WFP either monthly food distributions or cash transfers so that they can buy food in local markets.
“We thank donors for their continued generosity and support, while urging them to further fund humanitarian assistance so that we can give refugees the assistance they depend on,” said WFP Rwanda Country Director Jean-Pierre de Margerie.
Full rations for refugees provide 2,100 calories per person per day, the minimum for a healthy life. Until November 2017, WFP provided 16.95 kilograms of food to each refugee each month, mainly maize, beans, vegetable oil and salt. Other refugees received 7,600 Rwandan Francs (US$9) to buy food in local markets. However, funding shortages forced WFP to trim assistance to 90 percent in November and December. The funding situation is now so bad that from January WFP reduced the ration sizes even further – to 75 percent.
However, refugees identified as particularly vulnerable, such as children under five years of age, school children, pregnant and nursing mothers as well as people living with HIV and tuberculosis patients under treatment still receive a full ration of nutrition support from WFP.
The Ministry of Disaster Management and Refugee Affairs and UN agencies are currently scaling up implementation of a Joint Strategy on Economic Inclusion of Refugees to enable more of them to become self-reliant and contribute to the economic development of their host communities.
“Now more than ever is the time to find innovative and long-term solutions for refugees in Rwanda,” said UNHCR Representative Ahmed Baba Fall. “Donors have also expressed the need for a change in practice to ensure that limited funding is targeting the needs of refugees more appropriately.”
It is a priority to identify and pursue comprehensible and sustainable pathways for refugees in the Rwandan context. In this light, the ambition is to align the provision of assistance to refugees with the Rwandan National Social Protection system.
UNHCR, WFP and others have started moving towards targeting to ensure the needs of the most vulnerable are considered, while continuing supplementary feeding and promoting self-reliance by supporting a Government pledge to ‘graduate' 18,000 camp-based refugees from food and/or cash for food assistance programmes by mid-2018.
The strategy will also strive to create access to formal employment opportunities for up to 60,000 refugees and have a similar number using banking services by mid-2018.
WFP relies entirely on voluntary contributions for its humanitarian and development programmes. WFP requires US$2.5 million every month to provide full food or cash assistance to refugees in Rwanda. If WFP receives no new funds, deeper reductions to cash and food may be necessary in coming months. Some US$11 million are needed to restore full support for the next six months.
As of December 2017, UNHCR had secured only 19 percent of its total funding needs, amounting to US$ 20.3 million out of US$ 104.5 million. These resources are required to ensure unhindered access to protection and to invest in comprehensive solutions for over 170,000 refugees hosted in Rwanda, as well as to support the voluntary repatriation of Rwandan returnees, mainly from the Democratic Republic of Congo.
Announced at the Eighth Session of the IRENA Assembly, both projects beneficiaries of the fifth funding cycle are being financed through the IRENA/ADFD Project Facility.
Established in 2013, the seven-cycle Facility offers USD350 million in consessional loans from ADFD to help developing countries access low-cost capital for renewable energy projects.
The projects have the potential to significantly transform the lives of over 2.5 million people and alleviate poverty by bringing affordable energy to low-income communities.
According to the statement by IRENA, renewable energy can positively impact the whole sustainable development spectrum in terms of improved health and education outcomes, better livelihoods and working conditions, and lower air pollution.
The loans cover up to 50% of project costs, leveraging additional funding from other sources. Since 2014, ADFD has allocated USD214 million to 21 projects, attracting over USD420 million in additional co-financing from governments and development funds.
“For developing countries, renewable energy is a triple win: it provides a cost-effective means of providing electricity to families, fuels economic growth, and supports energy independence and security,” said IRENA Director-General Adnan Z. Amin.
“However, many developing countries have trouble accessing financing for renewable energy investment. We are delighted that our continued partnership with ADFD will provide a stable, low-cost source of financing to help Mauritius and Rwanda achieve a sustainable energy future,” added Adnan
His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, said: “Our collaboration with IRENA articulates ADFD's core mandate to support sustainable economic and social progress across developing countries through financing development projects that serve vital economic sectors. ADFD priorities renewable energy as a catalyst for inclusive economic and social development.”
“At ADFD, we believe that through the widespread promotion of sustainable energy projects in countries with immense clean energy potentials, we can contribute to the long term economic prosperity of communities across the word. We are confident that the latest projects selected for funding in Mauritius and Rwanda will deliver sizeable benefits for the economies of local communities," he added
In Rwanda, the ADFD loan of USD15 million will contribute to the installation of 500,000 off-grid solar PV home systems across the country, providing clean electricity for lighting, mobile phone and radio charging.
The project is a major part of the government's rural electrification strategy and is one of the most affordable payment schemes in Africa. It employs a flexible mobile payment platform, essential in areas poorly served by banking and transportation infrastructure. 2.5 million people in rural communities are expected to benefit from improved electricity acccess, and more than 2,000 local jobs will be created.