{"id":6973,"date":"2021-12-22T10:33:28","date_gmt":"2021-12-22T10:33:28","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road"},"modified":"2021-12-22T11:47:02","modified_gmt":"2021-12-22T11:47:02","slug":"rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road","title":{"rendered":"Rwanda secures Rwf20 billion to upgrade Nyacyonga-Mukoto road"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>The subsidiary of the Organisation of Petroleum Exporting Countries (OPEC) has approved a loan of Rwf20 million for Rwanda to upgrade the road from Nyacyonga to Mukoto between Gasabo and Rulindo districts.<\/p>\n

This loan, which was approved during the organisation\u2019s 178th session of the governing board held virtually last week, will be funded by the OPEC Fund for International Development.<\/p>\n

The road is one of the few African projects worth $352 million that were selected for funding. #NEWS ? The 178th @TheOPECFund Governing Board approved more than US$352 million for #sustainabledevelopment operations across the globe! ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? ?<\/p>\n

? Swipe for more info! Further details \u27a1\ufe0f https:\/\/t.co\/31wcpGpiR6 The upgrade of the 36-km stretch is projected to benefit the population in various ways, OPEC said in a statement.<\/p>\n

\u201cIt will improve connections for approximately 2.8 million people engaged in economic activities that include agriculture, mining and tourism in the region,\u201d read the statement in part.<\/p>\n

In addition to strengthening livelihoods, the project will improve access to production areas, markets and social amenities as well as boosting trade with neighbouring countries, particularly the DR Congo and Uganda, added the communique.<\/p>\n

Apart from Rwanda, projects from the Dominican Republic, Ghana, Kenya and Ivory Coast were among the beneficiaries of the $352 million loan. OPEC Fund for International Development works to stimulate economic growth and social progress in low and middle-income countries around the world.<\/p>\n

It was established by member countries of OPEC in 1976 to drive development, strengthen communities and empower people. As of today, OPEC has projects with a total cost of $187 billion in over 125 countries.<\/p>\n

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

Africa-Press – Rwanda. The subsidiary of the Organisation of Petroleum Exporting Countries (OPEC) has approved a loan of Rwf20 million for Rwanda to upgrade the road from Nyacyonga to Mukoto between Gasabo and Rulindo districts. This loan, which was approved during the organisation\u2019s 178th session of the governing board held virtually last week, will be […]<\/p>\n","protected":false},"author":84,"featured_media":6972,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28],"tags":[760,763,758],"class_list":["post-6973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nRwanda secures Rwf20 billion to upgrade Nyacyonga-Mukoto road - Rwanda<\/title>\n<meta name=\"description\" content=\"The subsidiary of the Organisation of Petroleum Exporting Countries (OPEC) has approved a loan of Rwf20 million for Rwan ...\" \/>\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\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rwanda secures Rwf20 billion to upgrade Nyacyonga-Mukoto road\" \/>\n<meta property=\"og:description\" content=\"The subsidiary of the Organisation of Petroleum Exporting Countries (OPEC) has approved a loan of Rwf20 million for Rwan ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-22T10:33:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-22T11:47:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2021\/12\/img-61c31020e2be5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"847\" \/>\n\t<meta property=\"og:image:height\" content=\"491\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Rwanda secures Rwf20 billion to upgrade Nyacyonga-Mukoto road\",\"datePublished\":\"2021-12-22T10:33:28+00:00\",\"dateModified\":\"2021-12-22T11:47:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road\"},\"wordCount\":278,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2021\/12\/img-61c31020e2be5.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-secures-rwf20-billion-to-upgrade-nyacyonga-mukoto-road\",\"name\":\"Rwanda secures Rwf20 billion to upgrade Nyacyonga-Mukoto road - 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