The announcement will be made Tuesday when a delegation from the bank visits Rwanda, led by its director for lending outside Europe, Maria Shaw-Barragan.
Rwanda has struggled to implement a central sewage system; and to date, only a few hotels, hospitals and few small residential areas in Kigali have constructed sewers and waste treatment plants.
This will be the bank’s first public sector investment in Rwanda.
The European Investment Bank (EIB) is expected to announce a loan worth $85.7 million (Rwf73b) to the government of Rwanda, towards supporting construction of the country’s first public sewage system.
The announcement will be made Tuesday when a delegation from the bank visits Rwanda, led by its director for lending outside Europe, Maria Shaw-Barragan.
This will be the bank’s first public sector investment in Rwanda.
“The EIB has significantly increased engagement in Rwanda in recent years and we look forward to strengthened cooperation with Rwanda partners in the years ahead.
“The visit to Kigali marks the start of a new era of EIB support for public sector investment in Rwanda and enhanced support for private sector investment across the country,” Maria Shaw-Barragan, said in a statement.
