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

  • Funding found for Tunisia road deal
    December 1, 2017
    Funding for a new highway project in Tunisia is being provided by the African Development Bank. The funding comes in the shape of a loan worth US$145.8 million. The new highway will be sited in the north of the country and its construction is expected to help develop transport and trade and to boost the country’s economy.
    Read More
  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
    Read More
  • Nigeria-Ivory Coast route feasibility study
    May 12, 2017
    The tender process is now being opened for the feasibility study into the planned highway project to link Nigeria’s commercial centre Lagos with Abidjan, the commercial centre for Ivory Coast.
    Read More
  • EU to co-finance studies for new northern Greek highway
    March 19, 2014
    The European Union is to help finance studies for the northern border section of the Ionian Highway in Greece. Some €1.56 million is being provided through the TEN-T Programme to help pay for a series of studies required to prepare for the project’s tender process. The studies will cost some €3.12 million in all and related to a 46km stretch of highway connecting the Egnatia Odos-Ionian Highway interchange and Kakavia.The initiative was selected for funding under the 2012 TEN-T Annual Call and includes carr
    Read More

Highlighted Content