AfDB approves grant for Ruzizi IV Hydropower Project
The African Development Bank has approved an €8 million grant drawn from the European Union’s Africa Investment Platform to support the preparation of the Ruzizi IV Hydropower Project bordering DRC and Rwanda.
The plant will be situated on the Ruzizi River and, when completed, is projected to produce 287MW of electricity, Two power plants are already in operation: Ruzizi I produces 29.8MW and Ruzizi II, 43.8MW; a third, Ruzizi III, with a projected 147MW output is under development with AfDB support.
The €8 million grant approval follows a $980,000 grant approved end-2018 by the New Partnership for Africa Development’s Infrastructure Project Preparation Facility.