AfDB: Infrastructure represents 70% of our Rwandan operations
22 July 2011
The African Development Bank (AfDB) has revealed that infrastructure constitutes 70 per cent of all its operations in Rwanda.
Resident representative Negatu Makonnen told government delegates and country portfolio performance review officials that its work in the country is the equivalent to $519 million (£318.2 million) of investment, AllAfrica reports.
He also said that agriculture accounts for 18 per cent, human development six per cent and multi and private sector three per cent.
Examples of AfDB-funded infrastructure projects in the region include the Dar es Salaam-Isaka-Kigali/Kez-Musongati railway, the construction of a methane gas extraction and power production plant and the Livestock Infrastructure Support Programme, which aims to develop a modern livestock industry in Rwanda.
Discussing the AfDB's distribution of funds, Mr Makonnen said it "clearly shows the bank's focus and support to the areas in line with the division of labour as agreed upon with the government".
Pitchette Kampeta Sayinzoga, permanent secretary in the ministry of finance, praised the bank for its support, saying its project coordination has improved.