{"id":122123,"date":"2026-04-16T13:22:35","date_gmt":"2026-04-16T13:22:35","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/rwanda-secures-rwf370bn-funding-to-support-economic-growth"},"modified":"2026-04-16T13:49:52","modified_gmt":"2026-04-16T13:49:52","slug":"rwanda-secures-rwf370bn-funding-to-support-economic-growth","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth","title":{"rendered":"Rwanda secures Rwf370bn funding to support economic growth"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international financial institutions, the Ministry of Finance and Economic Planning announced.<\/p>\n

The funding, revealed on April 15, takes the form of a commercial loan with a 15-year maturity and a six-year grace period. It is expected to support the national budget, particularly in key sectors with strong potential for job creation.<\/p>\n

According to the ministry, the transaction will support reform policies and investments across infrastructure, health and nutrition, education, agriculture, social protection, and industry development.<\/p>\n

The transaction, the ministry observed, illustrates the country\u2019s prudent debt management strategy, achieving record-low pricing amid challenging market conditions<\/p>\n

The ministry said Rwanda intends to systematically favour blended finance solutions, leveraging credit enhancement from multilateral institutions to access international capital on competitive terms.<\/p>\n

By anchoring its borrowing strategy in these principles, Rwanda continues to set a benchmark for responsible fiscal stewardship among emerging and frontier market sovereigns.<\/p>\n

Yusuf Murangwa, the Minister of Finance and Economic Planning, said this financing demonstrates the country\u2019s unwavering commitment to innovative and prudent debt management.<\/p>\n

\u201cBlended finance is at the heart of our borrowing strategy, enabling us to secure long-term funding at an exceptionally competitive cost, while maintaining a smooth repayment profile and safeguarding our debt sustainability,\u201d he noted.<\/p>\n

\u201cWe are grateful for the confidence of our lending partners, Socie\u0301te\u0301 Ge\u0301ne\u0301rale and Standard Chartered Bank, and the expert guidance of Alvarez & Marsal and White & Case throughout this process,\u201d he added.<\/p>\n

Rwanda\u2019s track record<\/b><\/p>\n

This new facility builds on Rwanda\u2019s established track record in blended finance, the ministry stated.<\/p>\n

In 2024, the country successfully closed its inaugural blended finance transaction\u2014a \u20ac200 million Environmental, Social, Governance (ESG) loan backed by a partial credit guarantee from the African Development Fund (ADF), the concessional lending arm of the African Development Bank Group.<\/p>\n

The current transaction, backed by International Development Association (IDA), marks a natural progression of Rwanda\u2019s financing strategy.<\/p>\n

It deepens the country\u2019s engagement with a broader range of multilateral guarantee providers while reinforcing its commitment to innovative and sustainable borrowing, the ministry said.<\/p>\n

According to the ministry, the World Bank Group\u2019s Guarantee Platform\u2014housed within Multilateral Investment Guarantee Agency (MIGA)\u2014has made it possible to combine an IDA Policy-Based Guarantee (PBG) with a MIGA guarantee.<\/p>\n

Under this structure, the IDA PBG provides first-loss coverage, while MIGA\u2019s Non-Honoring of a Sovereign Financial Obligation policy offers second-loss protection.<\/p>\n

This transaction follows MIGA\u2019s recent relaxation of eligibility criteria for second-loss cover when IDA provides first-loss protection, with Rwanda becoming the first country to benefit from the revised policy.<\/p>\n

The transaction was executed against a backdrop of significant volatility in emerging market credit markets, driven by heightened global geopolitical tensions.<\/p>\n

Rwanda\u2019s ability to close this financing on highly favourable terms in such an environment underscores strong international investor confidence in the country\u2019s credit fundamentals and fiscal trajectory.<\/p>\n

The deal closing follows recent positive credit developments for the Country. In March 2026, Fitch revised Rwanda\u2019s rating outlook to Stable, followed by Moody\u2019s affirmation of a Stable outlook in April 2026.<\/p>\n

These actions, the ministry said, reflect improving fiscal metrics and the continued implementation of structural reforms under the Government\u2019s medium-term development programme.<\/p>\n

For More News And Analysis About Rwanda<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international financial institutions, the Ministry of Finance and Economic Planning announced. The funding, revealed on April 15, takes the form of a commercial loan with a 15-year maturity and a six-year grace period. It is expected to […]<\/p>\n","protected":false},"author":84,"featured_media":122122,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,14],"tags":[758],"class_list":["post-122123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-policy","tag-rwanda"],"yoast_head":"\nRwanda secures Rwf370bn funding to support economic growth - Rwanda<\/title>\n<meta name=\"description\" content=\"Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international f ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rwanda secures Rwf370bn funding to support economic growth\" \/>\n<meta property=\"og:description\" content=\"Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international f ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-16T13:22:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-16T13:49:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"639\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Rwanda secures Rwf370bn funding to support economic growth\",\"datePublished\":\"2026-04-16T13:22:35+00:00\",\"dateModified\":\"2026-04-16T13:49:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth\"},\"wordCount\":564,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg\",\"keywords\":[\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth\",\"name\":\"Rwanda secures Rwf370bn funding to support economic growth - Rwanda\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg\",\"datePublished\":\"2026-04-16T13:22:35+00:00\",\"dateModified\":\"2026-04-16T13:49:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international f ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg\",\"width\":1000,\"height\":639,\"caption\":\"Rwanda secures Rwf370bn funding to support economic growth\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/rwanda\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rwanda secures Rwf370bn funding to support economic growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#website\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/\",\"name\":\"Rwanda\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/rwanda\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rwanda secures Rwf370bn funding to support economic growth - Rwanda","description":"Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international f ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth","og_locale":"en_US","og_type":"article","og_title":"Rwanda secures Rwf370bn funding to support economic growth","og_description":"Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international f ...","og_url":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth","og_site_name":"Rwanda","article_published_time":"2026-04-16T13:22:35+00:00","article_modified_time":"2026-04-16T13:49:52+00:00","og_image":[{"width":1000,"height":639,"url":"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Rwanda secures Rwf370bn funding to support economic growth","datePublished":"2026-04-16T13:22:35+00:00","dateModified":"2026-04-16T13:49:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth"},"wordCount":564,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg","keywords":["Rwanda"],"articleSection":["all news","Economy","Policy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth","url":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth","name":"Rwanda secures Rwf370bn funding to support economic growth - Rwanda","isPartOf":{"@id":"https:\/\/www.africa-press.net\/rwanda\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg","datePublished":"2026-04-16T13:22:35+00:00","dateModified":"2026-04-16T13:49:52+00:00","author":{"@id":"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Rwanda has secured a \u20ac213 million (approximately Rwf367 billion) blended finance deal backed by multiple international f ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#primaryimage","url":"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg","contentUrl":"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2026\/04\/sm_1776334548.19515.jpg","width":1000,"height":639,"caption":"Rwanda secures Rwf370bn funding to support economic growth"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-secures-rwf370bn-funding-to-support-economic-growth#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/rwanda\/"},{"@type":"ListItem","position":2,"name":"Rwanda secures Rwf370bn funding to support economic growth"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/rwanda\/#website","url":"https:\/\/www.africa-press.net\/rwanda\/","name":"Rwanda","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/rwanda\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/posts\/122123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/comments?post=122123"}],"version-history":[{"count":1,"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/posts\/122123\/revisions"}],"predecessor-version":[{"id":122149,"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/posts\/122123\/revisions\/122149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/media\/122122"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/media?parent=122123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/categories?post=122123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/rwanda\/wp-json\/wp\/v2\/tags?post=122123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}