Asian Infrastructure Investment Bank (AIIB), in collaboration with the World Bank, is investing $100 million to enhance electricity infrastructure in Rwanda. The initiative, targeting universal electricity access, aligns with Rwanda's National Electrification Plan, focusing on grid-based electrification for 65 percent of villages and off-grid solutions for 35 percent. The project, managed by the Development Bank of Rwanda, aims to improve energy access for productive use, enhance electricity service quality, and provide clean cooking solutions. Environmental and social considerations are integral, addressing risks like occupational health and safety, waste management, and potential social impacts, with the World Bank's framework guiding the project.
This $100 million investment by AIIB and the World Bank reinforces Rwanda's commitment to achieving universal electricity access. The project, driven by the Development Bank of Rwanda, emphasizes environmental and social responsibility, addressing potential risks and impacts. The collaboration aligns with broader goals, contributing to Rwanda's electrification plan, promoting sustainable energy, and fostering positive social outcomes.