{{Rwanda has received financial support worth Frw15Billion to be injected into Technical and Vocational Education and Training (TVET).}}
The funding comes after Rwanda and Germany signed financing Agreement that will contribute to the Rwandan TVET reforms by supporting selected vocational training centers and technical secondary schools.
During the signing, Rwanda was represented by Minister for Finance and Economic Planning, Amb. Claver Gatete and Ambassador Peter Fahrenholtz signed on behalf of Germany.
Meanwhile, a portion of the agreement worth Euros 7Million was signed between the Workforce Development Authority Director-General, Jerome Gasana, and KfW Country Director Daniela Beckmann.
Minister Gatete said, “The support will facilitate in skills development and employment which is well embedded in the productivity and youth employment as stipulated in the EDPRS2.”
He added that the money will be invested in acquiring necessary equipment as well as to renovate or extend existing facilities at technical schools that will be selected.
Ambassador Fahrenholtz said, “Germany will continue to work with dependable partners such as Rwanda. Rwanda is a success story that gives hope for the rest of Africa.”
A portion of the grant worth 5.5 million Euros (about Rwf5 billion) will finance ongoing programs in economic development, employment, decentralisation and good governance.
source:Newtimes
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