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Rwanda - Accelerating Sustainable and Clean Energy Access Transformation in AFE MPA (ASCENT - Rwanda))

Abstract*

This is the Rwanda Country Phase of the Access to Sustainable and Clean Energy Access Transformation in Eastern and Southern Africa Regional Multi-Phase Programmatic Approach (ASCENT AFE MPA) (P180547). The ASCENT Rwanda Project directly contributes to the Program Development Objective of the ASCENT AFE MPA to increase access to sustainable and clean energy in Eastern and Southern Africa (AFE) region. ASCENT Rwanda will aim at assisting Rwanda in...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Increase access to sustainable and clean energy in the Republic of Rwanda.

Key Details

Project Details

  • P180575

  • Active

  • Yabei Zhang , Laurencia Njagi, Arun Singh

  • Republic of Rwanda

  • Rwanda

  • September 26, 2023

  • (as of board presentation)

    November 28, 2023

  • April 12, 2024

  • US$ 250.00 million

  • Development Bank of Rwanda,Energy Development Corporation Limited

  • Eastern and Southern Africa

  • 2024

  • US$ 400.00 million

  • N/A

  • July 14, 2023

  • December 31, 2029

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Asian Infrastructure Investment Bank 100.00
IDA Credit 200.00
IDA Shorter Maturity Loan (SML) 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 300.00
IBRD + IDA Commitment 300.00
Lending Instrument
Grant Amount 100.00
Total Project Cost** 250.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 28, 2023 IDA-74610 Loan Commitment 200,000,000.00
Nov 28, 2023 IDA-74600 Loan Commitment 100,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-11-26
Monitoring and Evaluation Satisfactory 2024-11-26
Overall Implementation Progress (IP) Satisfactory 2024-11-26
Procurement Moderately Satisfactory 2024-11-26
Project Management Satisfactory 2024-11-26
Financial Management Moderately Satisfactory 2024-11-26

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.