Government and AfDB sign financing agreements to support water supply and Business Development Programs

Government of Rwanda and the African Development Bank (AfDB) today signed two financing agreements worth US$ 255.4 million (approximately Frw 215 billion) to support sustainable water supply (US$ 171million) and Sanitation and business and skills development program (US $ 84 million).

Water Supply and Sanitation Program (US$ 171 million)

The support to water supply and sanitation financing is a concessional loan that will ensure equitable provision of adequate, reliable and sustainable water and sanitation services for targeted cities with a view to promote economic growth and transformation.

Water supply and sanitation infrastructure and services will be provided in City of Kigali and satellite towns of Rubavu, Rusizi, Nyagatare, Muhanga, Huye, Musanze and Karongi. An estimated 1.1 million people are expected to benefit from improved water supply services while 475,000 others will have access to better sanitation.

The support is in line with Rwanda’s vision 2020 and is aimed at scaling up investments in reliable, affordable and environmentally sustainable infrastructure and water and sanitation services as key rivers and enablers of economic transformation and rural development.

Business and Skills development Program (US$ 84 million)

The business and skills program, (SBDP) is a 3-year Sector Budget Support designed to boost the government’s economic transformation and job creation agenda by increasing domestic production under the Made in Rwanda Policy

The support will promote inclusive growth and poverty reduction. The purpose is to support reforms to boost domestic production through skills development and enterprise growth for job creation. Specifically, the funds will support small and medium enterprises as well as cooperatives to increase and improve the quality of their products, and generate revenue. 

The Division of Labour (DoL) allows AfDB to be active in the Private Sector development, Transport, Energy, Water and Sanitation and Silent in Financial Sector. 

Topics


Rwanda Hosts ESAAMLG Annual Meetings to Strengthen Regional Response to Financial Crime

Kigali, 7 September 2026 – Rwanda hosted the 2026 Annual Meeting of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG), bringing…

Read more →

Rwanda Closes Dual-Currency EUR/JPY Commercial Loan Facility

Kigali August 26, 2026: The Ministry of Finance and Economic Planning of the Republic of Rwanda (B+/B2/B+) announces the successful closing of a…

Read more →

Rwanda and EIB Sign €65M Deal for Volcanoes Community Resilience

Kigali, 5 August 2026 — The Government of Rwanda, through the Ministry of Finance and Economic Planning (MINECOFIN) and the European Investment Bank…

Read more →

Rwanda and European Union Sign EUR 40 Million Agreement to Support Climate-Smart Agriculture Transformation

Kigali, 4 August 2026 The Government of Rwanda, through the Ministry of Finance and Economic Planning (MINECOFIN), and the European Union have…

Read more →

IFMIS Upgraded to Modern Platform, Strengthening Public Financial Management

The Ministry of Finance and Economic Planning (MINECOFIN) has successfully completed a major technological upgrade of Rwanda’s Integrated Financial…

Read more →

RWANDA TO HOST THE 2026 ESAAMLG ANNUAL MEETINGS

The Government of Rwanda, through the Ministry of Finance and Economic Planning (MINECOFIN) and the Financial Intelligence Centre (FIC), in…

Read more →

Rwanda Presents Third Voluntary National Review on Progress Towards the 2030 Agenda

New York, 15 July 2026 — Rwanda has presented its Third Voluntary National Review (VNR) on the implementation of the Sustainable Development Goals…

Read more →

Rwanda Ranked Among Africa's Top Performers in Global Sovereign Transparency Report

KIGALI, July 14, 2026 – Rwanda has been ranked among Africa's top performers in the 2026 Institute of International Finance (IIF) Investor Relations…

Read more →

Reinventing Development Finance

Yusuf Murangwa , Junaid Kamal Ahmad, and Ndiamé Diop

July 8, 2026

Faced with shrinking concessional finance and rising borrowing costs, Rwanda has…

Read more →
-->