Rwanda Secures US$25M Mortgage From ADFD For Water Safety
Rwanda has signed a mortgage settlement price USD 25 million with the Abu Dhabi Fund for Development (ADFD) to broaden the water transmission and distribution methods on the Karenge Water Treatment Plant. The settlement, signed by His Excellency Mohamed Saif Al Suwaidi, Director General of ADFD, and His Excellency John Mirenge, Rwanda’s Ambassador to the UAE, goals to strengthen the nation’s water safety and contribute to the United Nations’ Sustainable Development Goals (SDGs), significantly SDG 6, which focuses on entry to scrub and sustainable water.
The mission is designed to reinforce Rwanda’s water infrastructure by enhancing the effectivity of its water system and integrating superior applied sciences. The enlargement of the Karenge Water Treatment Plant’s transmission and distribution methods will present dependable and sustainable water provides to key areas, together with the capital metropolis of Kigali.
H.E. Al Suwaidi emphasised ADFD’s dedication to financing initiatives that promote financial and social progress. “This agreement reflects ADFD’s commitment to financing infrastructure projects that contribute to the development of key sectors vital to Rwanda’s growth,” he mentioned.
Ambassador Mirenge expressed Rwanda’s appreciation for the partnership with ADFD, noting that the mission is essential for reaching the nation’s nationwide targets of offering clear water to all residents and creating strong water infrastructure. “This project is critical in ensuring universal access to clean water and elevating the standard of living for Rwandans,” he mentioned.
The mortgage will fund the development of a brand new water therapy plant with a each day capability of 36,000 cubic meters, together with the enlargement of transmission and distribution networks throughout the town. The initiative is predicted to satisfy the rising demand for water in Kigali and surrounding areas, whereas additionally creating jobs and enhancing water supply companies.
This mortgage settlement marks a big step in Rwanda’s broader growth technique to make sure self-sufficiency in water provide and highlights the UAE’s management in supporting sustainable infrastructure initiatives globally.