US$ 1 billion for African Great Lakes developments

By Helen Wright23 May 2013

The World Bank has approved funding of US$ 1 billion to support cross-border developments in Africa’s Great Lakes region, including hydroelectricity projects and roads.

The financing includes US$ 340 million to support the 80 MW megawatt Rusumo Falls hydroelectric project that will supply Burundi, Rwanda, and Tanzania. In addition, US$ 150 million will go towards the rehabilitation of the Ruzizi I and II hydroelectric projects and financing for the 147 MW Ruzizi III project, on the Ruzizi River bordering the Democratic Republic of Congo (DRC) and Rwanda.

Developing the hydropower potential in DRC, in particular, will provide Burundi and Rwanda access to low-cost power and a stake in regional stability, according to the World Bank. Currently, there is no regional grid and very limited interconnectivity between countries in the region.

Meanwhile, US$ 165 million will be put toward building roads in DRC’s North and South Kivu and Province Orientale, while US$ 180 million will be invested in improving infrastructure and border management along the Rwanda-DRC border. Other funds from the package will support healthcare and poverty reduction goals.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
10 ways to join the hydrogen power revolution
Interest in the use of hydrogen has soared over the past few years as the construction industry races to reduce its carbon footprint. We roundup some recent initiatives
Telescopic boom lifts - the trends
Higher capacities and 100% electric models are the trend. And what lies ahead for 200ft models, or above?
How construction can become sustainable
The construction industry is undergoing a transformative shift to adapt more environmentally friendly practices
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA