German government through its German Development Bank (KFW) signed two financing project agreements with Rwanda worth €11 million to support
Technical Vocational Education and Training (TVET) and local government.
The agreement was signed between Ambassador of the Federal Republic of Germany to Rwanda, Peter Fahrenholtz and Rwanda’s Minister of Finance and Economic planning, Claver Gatete in Kigali, on December 5, 2013.
The first financial agreement worth €4 million will support development and infrastructure projects in all districts through Rwanda Local Development Support Fund (RLDSF), while the second one worth €7 million will support TVET.
According Fahrenholtz, this support is driven by the need to promote skills and capacity of the young generation relevant to the labour market.
He further commended the government’s’ commitment to uplift the economy, basing on sectors the German government has been supporting like health, Education, Energy and Business.
The project on local government intends to develop infrastructure, improve living conditions of the local population and enhance service delivery.
The second agreement worth €7 million will support TVET through selected schools for provision of equipment, rehabilitation and expansion of existing facilities as well as strengthening capacity in managerial skills.
“This is another important step that allows the promotion of massive skills that Rwanda needs for the implementation of EDPRS 2,” said Minister Gatete.
“The funds received will be directed to skills that cater for pressing needs of the local population,” Gatete added.
The agreement follows a similar event on November 10, 2013 when Rwanda and Germany signed three agreements worth €18 million (Approximately Rwf15 billion) to support TVET and top up ongoing programmes in the areas of Sustainable Economic Development, Employment, Decentralisation and Good Governance.