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Eastern Africa

Rwandan Parliament Approves Loan For Kigali-Muhanga Road

Korea Eximbank will provide US$120 million to expand the road.

November 17, 2023

By Sneha Abraham
Rwanda’s parliament has given final approval for the US$120.5 million loan agreement signed between the government and Korea Export-Import Bank (Korea Eximbank) for the Kigali-Muhanga road repair and expansion project. The agreement was signed in Busan, South Korea, on 13 September, together with a US$42 million loan for the Kabgayi District

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