{"id":46792,"date":"2022-10-07T06:42:17","date_gmt":"2022-10-07T06:42:17","guid":{"rendered":"https:\/\/new.igihe.com\/rwanda-eu-sign-rwf72-billion-financing-agreement-to-promote-transformational\/"},"modified":"2022-10-11T06:21:35","modified_gmt":"2022-10-11T06:21:35","slug":"rwanda-eu-sign-rwf72-billion-financing-agreement-to-promote-transformational","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rwanda-eu-sign-rwf72-billion-financing-agreement-to-promote-transformational\/","title":{"rendered":"Rwanda, EU sign Rwf72 billion financing agreement to promote climate-smart and inclusive agriculture"},"content":{"rendered":"<p>The overall objective of this programme is to consolidate the sustainable agricultural transformation in Rwanda, by (i) fostering Rwanda\u2019s agricultural transition to socially and environmentally inclusive food systems and (ii) ensuring Rwanda\u2019s environmental and climate sustainability. The project will contribute to Rwanda\u2019s Nationally Determined Contributions objective on climate adaptation. <\/p>\n<p>The programme also encompasses a Team Europe Initiative on \u2018Sustainable and inclusive agricultural transformation\u2019, built around the construction and development of the Kigali Wholesale market and related markets in secondary cities, as central components of highly productive and inclusive value chains. <\/p>\n<p>Commenting on the development, the Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana noted: \u201cThe financial support we just signed today is a timely contribution to our National Strategy for Transformation for modernization and strengthening the productivity of agriculture and livestock while promoting sustainable management of the environment and natural resources to transition Rwanda towards a Green Economy.\u201d<\/p>\n<p>EU designate Ambassador, Belen Calvo Uyarra also reaffirmed the good cooperation between Rwanda and the EU.<\/p>\n<p>\u201cThe European Union has a long standing partnership with Rwanda and we are proud to be one of the key partners in the country\u2019s path to sustainable development. With this strategy we renew the EU\u2019s commitment to support pro-poor, sustainable and inclusive economic growth, by focusing on a green deal for agricultural transformation and achieving Rwanda\u2019s climate adaptation goals,\u201d he said. <\/p>\n<p>The three-year Financing Agreement will reinforce Rwanda-EU bilateral cooperation and advance on common interests. The new cooperation will be implemented under budget support-sector reform contract and complementary support. <\/p>\n<p>{{Budget support-sector reform contract (\u20ac52 million):}} The Budget support, via its performance indicators, will target progress achieved on farmer\u2019s incomes and better services delivery to farmers at local level including land husbandry and climate-smart agricultural practices with a focus on agroforestry and landscape restoration. <\/p>\n<p>{{Complementary support (\u20ac 17 million):}} The complementary support encompasses a Team Europe Initiative component to support inclusive and sustainable high-value chains (horticulture and aquaculture) via a Contribution agreement with the Belgian Development Agency-Enabel, (\u20ac 10 million) as well as Technical assistance (\u20ac7 million) to support the Ministry of Agriculture and Animal Resources, Ministry of Environment and related agencies in the policy design, monitoring and implementation.  <\/p>\n<figure class=\"spip-document spip-document-44536 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/nyaruguru_farmers_watering_irish_potatoes_using_engine_powered_water_pump-453e1-2.jpg\" alt=\"Farmers grouped in Duhingire Isoko Ruheru Cooperative in Ruheru Sector of Nyaruguru District watering irish potatoes using engine powered water pump. Photo by Th\u00e9ophile Niyitegeka\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{Rwanda\u2019s Minister of Finance and Economic Planning, Dr. Uzziel Ndagijimana, on Thursday 6th October 2022, received the European Union (EU) Ambassador-designate to Rwanda, Belen Calvo Uyarra for a courtesy meeting to discuss bilateral development cooperation, during which a financing agreement on transformational climate-smart and inclusive agriculture in Rwanda for an amount of \u20ac69 million (approximately Rwf72.5 billion) was signed.}<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[72,75],"byline":[170],"hashtag":[],"class_list":["post-46792","post","type-post","status-publish","format-standard","hentry","category-news","tag-featured-news-home","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\/46792","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\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=46792"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/46792\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=46792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=46792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=46792"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=46792"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=46792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}