National
Rwanda receives € 38.5m grant from Germany
Rwanda has received €38.5m grant from a German development bank, Kreditanstalt für Wiederaufbau (KfW) or Reconstruction Credit Institute. The grant is the outcome of the two countries’ September 2009 Joint Permanent Commission (JPC) in Kigali when Germany increased its commitments for development cooperation to Rwanda by almost 60 percent.
German Ambassador to Rwanda Elmar Timpe (L) and Rwandan Foreign Minister Louise Mushikiwabo shake hands after signing the agreements yesterday. (Photo J Mbanda)