The African Development Bank Group, in partnership with the Asian Infrastructure Investment Bank (AIIB) and the Government of Rwanda, has launched the Energy Sector Results Based Financing Phase II (RBF II) Program, to drive achievement of universal access to reliable, clean, and affordable energy in the country. With a total program cost of $300 million, phase two will be financed through a loan of $200 million from the African Development Bank and a $100 million loan from AIIB, reflecting strong multilateral collaboration to scale up impact in Rwanda’s energy sector. RBF II…
AfDB-Gov’t of Rwanda launch Results Based-Financing II program to accelerate universal energy access
