Government of Rwanda and China sign US$ 42.8 million grant support

Kigali, June 18, 2019: The Government of Rwanda and the People’s Republic of China today signed a grant agreement worth US 42.8 million (approximately Frw 38 billion) that will among others, finance the expansion and rehabilitation of 10 km Prince house- Giporoso- Masaka road. Both Governments will engage further in consultations to explore other projects for financing under this grant.

The expansion and rehabilitation Prince House-Giproso-Nyandungu-Masaka will see the road transformed from a two-way two-lane to a two way- four-lane road, a move that will significantly decongest traffic along the road.

Speaking after the signing, the Minister of State in charge of Economic Planning Dr. Claudine Uwera said the road expansion project is part of the ongoing Road expansion in and around the City of Kigali to decongest traffic, ease commuting and ensure business activities are conducted smoothly.

“The road will link Kigali City Center to the Special Economic Zone as well as the Masaka inland port and help reduce time and cost of transport. We appreciate support from the Government of China and look forward to strengthening the cooperation between our two countries,” Minister Uwera said.

China’s Ambassador to Rwanda RAO Hongwei noted that with the rapid development of Rwanda’s economy as well as the surging number of vehicles, traffic congestion has become a problem that not only inhibits businesses but also restricts the potential of Kigali’s long term economic growth.

“The road expansion and rehabilitation project will play a vital role in Kigali’s economic development by reducing commuting time, operating expenses while connecting the Kigali Economic Zone, Masaka hospital, markets as well as residential areas,” Ambassador Hongwei said.

The Government of China has been active in the infrastructure sector, with the completion of Lot 4 and Lot 5 of the Kivu Belt road and the first phase of the Kigali Urban road upgrading project. The Government of China also committed more financing to the government of Rwanda for the Bugesera airport expressway and Huye–Munini road project signed during the state visit of President Xi Jingping in July 2018.

Topics


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 →

Development Partners and Government Review Next Steps for Operationalizing Rwanda’s Development Cooperation Policy

Kigali, Rwanda – July 2, 2026 — Government officials and development partners last week convened under the Development Partners Coordination Group…

Read more →

RWANDA’S GDP GROWS BY 10% IN FIRST QUARTER OF 2026, DRIVEN BY INDUSTRY AND SERVICES

KIGALI, June 16, 2026 – Rwanda’s economy recorded 10% growth in the first quarter of 2026, compared to the same period in 2025, according to official…

Read more →

Minister Murangwa Presents Frw 7,796 billion Budget for 2026/27, Prioritizing Agriculture, Jobs, and Economic Stability

Kigali, 11 June 2026– The Minister of Finance and Economic Planning, Yusuf Murangwa, today presented to Parliament a budget proposal of Frw 7,796.3…

Read more →

S&P Global Ratings Confirms Rwanda's Credit Rating at 'B+/B' with a Stable Outlook

Kigali, Rwanda – 25 May 2026 – S&P Global Ratings last week affirmed Rwanda’s credit rating at ‘B+/B’, maintaining a stable outlook. The affirmation…

Read more →

Government Presents Budget Framework Centered on Resilience and Inclusion

Kigali, 11 May 2026 – The Minister of Finance and Economic Planning, Yusuf Murangwa, today on behalf of the Government, presented the Budget Framework…

Read more →

Rwanda and IMF Reach Staff-Level Agreement on $250 Million Program

Kigali, Rwanda – April 2, 2026– The Government of Rwanda has reached a staff-level agreement with the International Monetary Fund (IMF) on a 38-month…

Read more →
-->