{"id":39949,"date":"2019-09-02T16:27:31","date_gmt":"2019-09-02T16:27:31","guid":{"rendered":"https:\/\/new.igihe.com\/rwanda-world-bank-sign-us-125-million-agreement\/"},"modified":"2019-09-04T13:55:52","modified_gmt":"2019-09-04T13:55:52","slug":"rwanda-world-bank-sign-us-125-million-agreement","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rwanda-world-bank-sign-us-125-million-agreement\/","title":{"rendered":"Rwanda, World Bank sign US$ 125 million agreement to boost electricity access programs"},"content":{"rendered":"<p>The new Rwanda Energy Development Policy Operation (DPO) is the third and last of a $375 million programmatic series, the first of which was approved in December 2017. <\/p>\n<p>The series support Rwanda\u2019s energy sector objectives under the National Strategy for Transformation (NST1) \u2013 including universal access to electricity by 2024 while balancing the trade-offs with fiscal and financial sustainability. This DPO will build on achievements of the previous development Policy Operations.<\/p>\n<p>Speaking at the signing ceremony, the Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana said: \u201cThe support through Development Series Operation has significantly contributed to the implementation of energy sector development strategy in Rwanda with the aim of having 100% electricity access by 2024 as stipulated in our National Strategy for Transformation\u201d.<\/p>\n<p>By end-2020, at the end of the DPO series, it is expected that Rwanda will have electrified 61 percent of its households, narrowed the gap in electricity access between female- and male-headed households, and be on track to achieve the National Strategy for Transformation objective of universal access to electricity by 2024. <\/p>\n<p>It is also expected that Rwanda will have modernized the operations of the Rwanda Energy Group and the Government\u2019s planning and decision-making processes and that fiscal transfers to the sector be contained at no more than 1.5 percent of GDP throughout the NST1 period.<\/p>\n<p>Yasser El-Gammal, World Bank Country Manager for Rwanda said that the previous Development Policy Operation series have already delivered substantial results.<\/p>\n<p>\u201cSo far, new connections completed per year have doubled, while total access increased from 41 percent in late 2017 to over 52 percent today, and over a million people have gained access to electricity. This puts Rwanda at the forefront globally of achieving SDG7 of universal access to electricity,\u201d he affirmed.  <\/p>\n<p>The World Bank cooperates with Rwanda in sectors such as Agriculture, Energy, Social Protection, Education\/Skills development, Transport, Urban Development, and Housing among others alongside other cross-cutting and regional project interventions.<\/p>\n<figure class=\"spip-document spip-document-31892 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/minisitiri_w_imari_n_igenanimigambi_amb.claver_gatete_na_umuyobozi_uhagarariye_banki_y_isi_mu_rwanda_yasser_el-gammal_bashyira_umukono_ku_masezerano-87d9b.jpg\" alt=\"The Government of Rwanda and the World Bank today signed a US$125 million credit agreement to enable the expansion of electricity services in Rwanda.\" \/><\/figure>\n<figure class=\"spip-document spip-document-31893 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/2-1534-1f94d.jpg\" alt=\"The new Rwanda Energy Development Policy Operation (DPO) is the third and last of a $375 million programmatic series\" \/><\/figure>\n<figure class=\"spip-document spip-document-31894 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_uhagarariye_banki_y_isi_mu_rwanda_yasser_el-gammal_n_umuyobozi_mukuru_wa_brd_alexis_kanyankore-38065.jpg\" alt=\"Yasser El-Gammal, World Bank Country Manager for Rwanda said that the previous Development Policy Operation series have already delivered substantial results.\" \/><\/figure>\n<figure class=\"spip-document spip-document-31895 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/minisitiri_musafiri_papias_na_minisitiri_judith_uwizeye-3bf2b.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-31896 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_wa_kaminuza_y_u_rwanda_philip_cotton_dr_charles_murigande_umuyobozi_wungirije_ushinzwe_iterambere_muri_kaminuza_y_u_rwanda_n_umuyobozi_mukuru_wa_hec_dr_muvunyi_emmanuel-04e64.jpg\" alt=\"\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Government of Rwanda and the World Bank today signed a US$125 million (approximately Rwf 112 billion) credit agreement to enable expansion of electricity services in Rwanda.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-39949","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/39949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=39949"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/39949\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=39949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=39949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=39949"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=39949"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=39949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}