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    • News

    AfDB Backs Rwandan Energy Scheme

    By Ma. Rizza Leonzon // 08 February 2011

    The African Development Bank is lending USD25 million to help construct an integrated methane gas extraction and power production facility in Rwanda.

    The project aims to extract gas through a floating barge located in Lake Kivu, approximately 12.5 kilometers offshore from Karongi town.

    The funding will support the first phase of the project, which includes the construction of gas extraction and processing facilities, and a gas-fired power plant, The New Times reports.

    Read more development aid news.

    • Banking & Finance
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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