January 15

BRD and KfW Sign €15.6 Million to Support Rwanda SMEs and Export Growth

In a bid to bolster employment opportunities and empower small and medium-sized enterprises (SMEs) in Rwanda, the Government of Rwanda, the Development Bank of Rwanda (BRD), and KfW, representing the Federal Republic of Germany, sealed a pivotal grant agreement.

The agreement, named the “Export Credit Guarantee Facility” (EGCF), aims to foster the growth of both emerging and export-oriented SMEs in Rwanda, with a specific focus on women-led enterprises.

Photo courtesy of World Bank Photo Collection.

Source: Further Africa (link opens in a new window)

business development, MSMEs, women entrepreneurs