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Rwandan investors will benefit from regional financing totaling $150 million

2025-12-19 Read:0
  
Core tips:In 2026, the East African Development Bank (EADB) will provide $150 million in funding to benefit Rwandan investors from

In 2026, the East African Development Bank (EADB) will provide $150 million in funding to benefit Rwandan investors from different sectors. The bank provides support to private and public sector enterprises through loans, guarantees, equity investments, and other financial instruments, with the aim of promoting regional integration among member countries. Herbert Asimway, head of the finance department of the Ministry of Finance and Economic Planning, pointed out that the bank's financing focus will be on key production sectors such as manufacturing, agriculture, transportation, real estate, housing, and small and medium-sized enterprises. The key areas for 2024-2028 are the organic combination of the national strategic priorities of East African member states and the United Nations Sustainable Development Goals. Asimway stated that these investments have strongly driven the achievement of multiple sustainable development goals, including eradicating poverty (SDG 1), zero hunger (SDG 2), decent work and economic growth (SDG 8), and industry, innovation, and infrastructure (SDG 9). In addition, this cooperation model fully embodies the requirement of developing partnerships in Sustainable Development Goal 17. He pointed out that these achievements are highly aligned with Rwanda's 2050 vision, which advocates inclusivity, sustainability, and private sector led economic growth.

 
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