The agreement was signed between Finance Minister Uzziel Ndagijimana and Dr. Sidi Ould Tah, CEO of the Arab Bank for Economic Development in Africa (BADEA).
“This loan will be used for the electrification of rural areas in both Nyamagabe and Nyaruguru Districts in the South Province,” the minister told the press, expecting that this loan granted at a very low-interest-rate is enough to connect to the network.
An additional 24,000 households will have been connected by March 2023.
The Minister of Infrastructure and Energy, Ambassador Claver Gatete revealed that the two districts with a population of 846,000 inhabitants will have 33 to 52% household connections by 2023.
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