The transaction, announced by the Government of Rwanda through the Ministry of Finance and Economic Planning, involves a 15-year commercial loan with a 6-year grace period.
Rwanda has successfully closed a EUR 213 million blended finance facility, marking a significant milestone in the country’s strategy to strengthen sustainable debt management and expand access to international capital on favorable terms.
The transaction, announced by the Government of Rwanda through the Ministry of Finance and Economic Planning, involves a 15-year commercial loan with a 6-year grace period. It is designed to reinforce Rwanda’s prudent approach to sovereign borrowing while maintaining long-term fiscal stability.
The financing was supported through a blended structure that includes guarantees from multilateral institutions, including the World Bank Group via the Multilateral Investment Guarantee Agency (MIGA), alongside participation from the African Development Fund under the African Development Bank Group. The structure also benefits from the IDA Private Sector Window and the Bank Group Guarantee Platform, which helped enhance credit terms and attract competitive pricing.
Officials noted that the transaction reflects Rwanda’s continued use of innovative financing tools to access international markets while maintaining disciplined debt management. The country has increasingly relied on blended finance mechanisms to support development priorities while ensuring debt sustainability.
According to the Ministry of Finance and Economic Planning, the deal was executed under favorable conditions despite volatility in global credit markets, underscoring investor confidence in Rwanda’s macroeconomic stability and fiscal reforms. The financing also contributes to the country’s broader development agenda, which targets infrastructure expansion and investment across key sectors such as health, education, agriculture, and industry.
Rwanda’s authorities emphasized that the transaction aligns with ongoing reforms under the government’s medium-term development programme and reflects strengthened cooperation with global financial partners. The deal is also seen as part of Rwanda’s efforts to maintain a stable credit outlook, supported by recent assessments from international rating agencies.
The government stated that the blended finance facility demonstrates its commitment to innovative, prudent, and sustainable borrowing while reinforcing its position as a credible borrower in international capital markets.
