Search

Rwanda’s $214mn China-backed hydropower dam delayed to 2028

Subscriber only Subscriber only
Dam sluice gate. Photo by Lynn Greyling @ Pixabay
Dam sluice gate. Photo by Lynn Greyling @ Pixabay
  • Nyabarongo II hydropower dam, financed by China’s Exim Bank, faces 3-year delay
  • Rwanda says it is closely monitoring the contractor to avoid further setbacks

 

KIGALI, RWANDA – Rwanda’s flagship Nyabarongo II hydropower project, backed by a $214 million loan from China’s Exim Bank, has been hit by financial constraints and technical setbacks that will push completion from 2025 to 2028.

You need an active subscription to continue reading this article.

Recent Business

wolfgang-weiser-W_4Vc9rUw6A-unsplash
Can Africa afford a post-AGOA world?
Read More »
Photo by Orkhan Farmanli @ Unsplash | Petroleum oil
Qatar pledges $21bn for Congo in landmark investment deal
Read More »
Ghana President John Mahama in Singapore, Asia recently Photo: Office of the President/Ghana
Can Asia’s billions transform Ghana’s economy?
Read More »

Recent Politics

Half of the people of Malawi still lives below the global poverty line. Photo @ Pixabay
Will Malawi’s economic crisis decide September 16 election?
Read More »
jairu-ollennu-SJ8zC4AKGS8-unsplash
Niger bets on nuclear energy with Russia in shift for West Africa
Read More »
Benin. Photo by Greg Keelen @ Unsplash
Benin finance chief Wadagni picked to succeed Talon in 2026 election
Read More »

Latest Posts

Latest news insights