According to the EIB, the framework loan with the Development Bank of Rwanda (BRD) will finance climate action and environmentally sustainable projects in the country.
The aim is to support projects in Rwanda eligible for Climate Action and Environmental Sustainability. The concerned sectors are renewable energy (mainly small-scale run-of-river hydropower and rooftop solar photovoltaic), sustainable agriculture, waste recycling, new energy efficient buildings, as well as e-mobility.
As stated by FitchRatings, BRD is Rwanda’s sole development bank and its unique policy mandate is to promote social and economic development. Its strategy is directly aligned with Rwanda's economic transformation plan and is highly influenced by the government.
No project contacts provided at the time of disclosure.
Financial Intermediary - Development Bank of Rwanda (BRD) PLC:
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