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Rwanda Seals $150 Million Skills Development Agreement with World Bank

9Jul

By Obiajulu Joel NwoluNo Comments

African Development, Finance, News, Rwanda

Rwanda Seals $150 Million Skills Development Agreement with World Bank

Rwanda and World Bank have agreed a $150 million financing agreement to assist the country accomplish skills development in chosen economic sectors. In a statement on Wednesday, Rwanda’s Ministry of Finance and Economic Planning disclosed that half of the fund is a grant while the other half is a concessional loan which is payable within 38 years, with a six-year grace period at 0.75 percent interest rate. The ministry said that the project is planned to improve access to technical and vocational education as well as higher education programs required by labour market and the social and economic growth of Rwanda. Minister of finance and economic planning, Uzziel Ndagijimana in a communique said, “Skills development and employment promotion are central to Rwanda’s National Strategy...

Rwanda to Carry out Testing Survey of Coronavirus in the Street of Kigali

Rwanda will on Thursday commence a random COVID-19 street testing survey in Kigali and points of entry to ascertain the coronavirus situation in its largest city, a senior health officer revealed on Wednesday. Minister of state for Primary Healthcare Tharcisse Mpunga in a news program of Rwanda Television disclosed that the Ministry of Health will initiate the testing of samples in the street of Kigali due to its dense population. Mpunga said that the testing will avail reliable information which could be relied upon to make informed decisions on strategy of curbing COVID-19 in Rwanda. According to the minister, the survey aims to test over 5,000 residents of the city who have resided in the capital within the past one or two weeks. He urged people to abide by instructions of heal...

Turkey Gifts Rwanda Face Masks to Help Combat COVID-19

Rwanda’s fight against coronavirus has been boasted by donation of face masks received from Turkey. The ministry of foreign affairs and international cooperation, Rwanda, acknowledged receipt of the donation in a statement describing it as “a sign of friendship and solidarity between the two countries in the fight against COVID-19.” The Turkish embassy in Rwanda said Ankara offered 50,000 face masks while a private firm donated 40,000 to Kigali in show of support to the East African nation. Rwanda took delivery of the masks on Thursday. They were delivered by a flight repatriating Rwandan citizens stranded in Turkey, Turkish citizens stranded in Rwanda due to grounding of international flights would equally be airlifted to back to their country. Ambassador Guilaume Kavaruga...