Tag: international development association

Rwanda Energy Group CEO: How COVID-19 is impacts Rwanda’s electrification targets

Rwanda Parliament approved an International Development Association (IDA) credit worth €91,4 million to finance Rwanda’s energy sector supplemental development policy financing. In the country, government's statistics indicate that electricity access rose to 54 per cent countrywide (39 per cent on-grid, 15 per cent off-grid). CNBC Africa’s Fiona Muthoni spoke with Ron Weiss, CEO of Rwanda Energy Group for more.

Somalia to receive financial aid under World Bank’s HIPC initiative

The International Monetary Fund (IMF) and the World Bank's International Development Association have determined that Somalia has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries Initiative. Prime Minister of Somalia, Hassan Ali Khaire joins CNBC Africa for more.
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