African Development Bank, Asian Infrastructure Investment Bank join forces to expand clean energy access across Rwanda
Rwanda, Feb. 18 -- The Board of Directors of the African Development Bank Group has approved an addendum to strengthen financing for Rwanda's Energy Sector Results Based Financing Programme. The approval confirms the Bank Group's roles as administrator of a $100 million loan from the Asian Infrastructure Investment Bank (AIIB), and as coordinating institution for the implementation of the project, under a shared results framework.The addendum, approved 05 February, builds on the Board's July 2025 approval of a $200 million African Development Bank Group loan and formalises the $100 million AIIB co-financing arrangement as part of a total programme cost of $300 million. It reflects strong collaboration with the Government of Rwanda and will ...
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