KIGALI TO MUHANGA ROAD EXPANSION SET TO KICK-OFF AFTER FUNDS WHERE SECURED

KIGALI TO MUHANGA ROAD EXPANSION SET TO KICK-OFF AFTER FUNDS WHERE SECURED

The road from Kigali to Muhanga is set to be expanded after the lower chamber of parliament passed a law ratifying a $120 million (approx. Rwf150 billion) loan agreement to that end, on November 13. It was signed between the Government of Rwanda and the Export-Import Bank of Korea (commonly known as the Korea Eximbank) — the financier — on September 13, 2023, in Busan, South Korea. The Minister of Finance and Economic Planning, Uzziel…

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