RWANDA GOVT. SIGN DEAL WITH NETHERLANDS FOR PORT CONSTRUCTION

RWANDA GOVT. SIGN DEAL WITH NETHERLANDS FOR PORT CONSTRUCTION

Government of Rwanda sign grant with Netherland for port construction at Lake Kivu Plans are in motion for the construction of four ports at Lake Kivu. This was announced by Rwanda Ministry of Finance and Economic Planning (MINECOFIN) via its official twitter handle. The project will have a grant agreement that was signed between the government and Netherlands. According to the grants, Netherland will co-finance 45% of the fund needed to construct the project. Today…

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RWANDA SIGNS US$400m METHANE GAS PRODUCTION DEAL

RWANDA SIGNS US$400m METHANE GAS PRODUCTION DEAL

Rwanda signs deal to extract methane gas from Lake Kivu The Rwanda government have signed a US$400 million deal with Gasmeth Energy Ltd to extract, process, compress and also bottle methane gas from Lake Kivu. The signing of the seven years deal took place on Friday 1st February 2019 but was announced yesterday (5 February 2019). At the signing ceremony, representing Rwandan government was; the Rwanda Mines, Petroleum and Gas Board (RMB) and the Rwanda Development…

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