/Blogs

BRD, USAID to increase agriculture financing

The Development Bank of Rwanda (BRD) on Friday signed a memorandum of understanding with the Private Sector Driven Agriculture Growth project (PSDAG) of the United States Agency for International Development (USAID), to increase agriculture financing. Through the agreement, BRD has reserved about Rwf 140 billion for loans to finance agricultural mechanization, modernization, and processing technologies. An additional Rwf 180 billion [...]

By | February 10th, 2017|Categories: announcement, Blogs, latest-news, press-release|0 Comments

BRD to scale up rural electrification

Officials from the ministry of Infrastructure (MININFRA) have announced that the renewable energy fund project is nearing completion and will enable the Rwandan government achieve its goal of universal access to energy. The programme of scaling up rural electrification is implemented by the Rwanda Development Bank (BRD). Robert Nyamvumba, the director of the Energy Division in the Ministry of Infrastructure, [...]

By | February 10th, 2017|Categories: announcement, Blogs, latest-news, press-release, Uncategorized|0 Comments

Development Bank of Rwanda investing in the energy sector

Access to reliable and affordable energy remains a considerable challenge in Rwanda. For Rwanda’s private sector to be competitive, the energy issue must be addressed as a crosscutting driver for economic growth. According to Dr. Livingstone Byamungu, the Chief Investment Officer at the Development Bank of Rwanda (BRD), “availability of sufficient energy is important for socio-economic growth and is at [...]

By | September 23rd, 2016|Categories: Blogs, latest-news, press-release|0 Comments

AFRACA conference kicks off with experts debating best practices for rural and agriculture financing

Efforts to extend more credit facilities to the rural agricultural sector have taken center stage of the African Rural and Agricultural Credit Association (AFRACA) conference organized together with the Development Bank of Rwanda (BRD) that kicked off at the Kigali Marriott Hotel on August 1, 2016. Alex Kanyankole, the Chief Executive Officer of BRD, in his keynote opening remarks noted [...]

By | August 4th, 2016|Categories: Blogs, latest-news, press-release|0 Comments

“New strategic plan 2016-2020: an expanded and refocused mandate” – Kanyankole

Alex Kanyankole, Chief Executive Officer, BRD I am pleased to inform you all, our esteemed stakeholders, that we closed yet another financial year at the Development Bank of Rwanda (BRD) with positive results. Last year (2015) was an extremely exciting year at BRD that saw the conclusion of a restructuring process to align the bank’s operations and management to [...]

By | March 30th, 2016|Categories: Blogs|Tags: , , , |0 Comments