The official announcement of this funding took place in Brussels on the sidelines of the "Global Gateway" investment forum.
The disclosure occurred during a meeting between Prime Minister Dr. Edouard Ngirente and the European Commissioner for International Partnerships, Jutta Urpilainen, which transpired on Thursday of this week.
The deal was signed by Rwandan Minister of Education, Gaspard Twagirayezu, who represented Rwanda, and Ms. Urpilainen, who represented the EU.
In addition to discussions about this critical funding, Dr. Ngirente also presented Rwandan initiatives in the domain of essential medical equipment.
One of these initiatives is the establishment of the African Institute for Bioproduction, a venture aimed at alleviating the scarcity of skilled professionals in the pharmaceutical and medical equipment manufacturing sector.
The global COVID-19 crisis underscored the shortage of medical equipment worldwide, underscoring the pivotal importance of investing in the healthcare sector.
The European Investment Bank has also allocated supplementary funds to be utilized for the construction of schools and related infrastructure.
Among others, the role of the Global Gateway in the enhancement of medical equipment production was emphasized. The forum encouraged companies to make further investments in this field, with a focus on elevating the quality of services available to the general population.