Funding for Rwanda roads rebuild

Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
July 18, 2016 Read time: 2 mins
Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its neighbours. Kagitumba is close to Rwanda’s northern border with Uganda, while Rusumo is close to the border with Tanzania, which lies to the east.

Through traffic between landlocked Rwanda and the much larger countries of Uganda and Tanzania are crucial for trade and to its economic development. Highway links from Kenya’s port of Mombasa and Tanzania’s port of Dar es Salaam are vital for East Africa, with work underway to improve these links and boost capacity. Meanwhile a series of road development projects are also underway to construct a new orbital network around Lake Victoria, which sits in between Uganda, Tanzania and Kenya, as well as being close to Rwanda and Burundi.
Finance & Funding

Related Content

  • Tanzania delivers road construction boost
    November 2, 2012
    Plans to upgrade two major roads in Tanzania will bring huge benefits to the East African nation. Shem Oirere reports Tanzania’s bid to retain or improve its position as East Africa’s second largest economy is gaining momentum as the government moves to support the achieved growth and contribute more to ongoing regional economic integration through the improvement of its transport infrastructure. The country received a major boost in April, 2012, when the African Development Bank (AfDB), one of Tanzania lea
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More
  • Tanzanian road project benefits from funding sources
    August 28, 2019
    Financing has been secured that will help pay for the 110km ring road around Tanzania’s official capital, Dodoma.
    Read More
  • Kenya highway project financing resolution
    May 17, 2018
    Construction work on Kenya’s vital Mombasa-Nairobi highway upgrade project is now going ahead as planned. A resolution has been achieved that will solve the funding issues that had threatened to delay the project. The project will cost nearly US$3 billion in all and is crucial for the country’s economic development as it will provide a new four lane highway connecting Kenya’s capital, Nairobi, with its largest port at Mombasa. But there were concerns that the funding method based on a series of loans that w
    Read More

Highlighted Content