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Agricultures in Rwanda: The EIB and Bank of Kigali decide to help farmers adapt to climate change

07/12/2023
Source : ORISHAS FINANCE
Categories: Sectors Companies

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Dans l' intention d' aider les agriculteurs rwandais à s' adapter aux changements climatiques, la European Investment Bank (EIB) and Bank of Kigali to implement a 100 million plan Euros.

Agriculture is a key sector of the Rwandan economy. It controls ibue à over 60% of employment. Indeed, the plan put in place by the two partner banks is a grant that, according to the EIB, is the largest ever granted to support business investment in Rwanda. The initiative will help improve access to climate finance for women-owned businesses. In Rwanda, farmers and agricultural businesses will be able to better withstand the economic, social and entrepreneurial impacts of climate change thanks to a new climate finance initiative worth 100 million euros. This program will provide the country with substantial assistance to smallholders, businesses and structures that depend on agriculture that is vulnerable to climate hazards

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