00:00:00 IGIHE NETWORK KINYARWANDA ENGLISH FRANCAIS

Kagame holds talks with President of European Investment Bank

By IGIHE
On 27 August 2021 at 06:23

President Paul Kagame who is in Berlin, Germany has held talks with the President of European Investment Bank (EIB), Werner Hoyer.

Kagame arrived in Germany on Thursday 26th August 2021 to attend the G20 Compact with Africa (CwA) Investment Summit.

The G20 Investment Summit is considered a unique opportunity to meet high-ranking representatives from business and politics.

The summit taking place on Friday 27th August 2021; will feature talks from entrepreneurs and politicians from Africa and Germany about the importance of good governance, investment opportunities in the Compact with Africa (CwA) countries and initiatives for trade and investments.

The aim is to attract attention to engage even more German companies in the CwA markets and enhance their investments.

Rwanda’s Presidency has revealed via Twitter handle that Kagame also held talks with other leaders including the President of Senegal, Macky Sall; the CEO of kENUP Foundation, Holm Heller and Sabine Dall’Omo, the CEO of Siemens South Africa ahead of G20 Compact with Africa Summit.

Since 2000, EIB has been supporting different development projects in Rwanda aimed at transforming citizens’ livelihoods and advancing economic growth.

In 2018, Rwanda signed Rwf46.8 billion financing agreement with EIB signed to build waste water treatment plant and public sewage network in Kigali City.

At the time, Maria Shaw-Barragan, Director of the European Investment Bank said that the investment to transform wastewater in Kigali would benefit Rwanda and Rwandans for the coming years.

She explained that the construction of Kigali’s first wastewater network and treatment plant would improve health, reduce pollution and carbon emissions, and make Kigali an even better place to live and work.

The European Investment Bank plans to back kENUP Foundation’s initiative to fund projects meant to manufacture vaccines in Sub-Sahara African countries.

Recently, the CEO of kENUP Foundation, Holm Keller visited Rwanda as part of preparations paving the way for vaccine manufacturing in Rwanda.

President Paul Kagame has held talks with the President of European Investment Bank , Werner Hoyer.

Advertisement

YOUR OPINION ABOUT THIS ARTICLE

RULES AND REGULATIONS
Kwamamaza