{"id":2513,"date":"2022-04-03T19:04:59","date_gmt":"2022-04-03T17:04:59","guid":{"rendered":"https:\/\/lecanape.rw\/en\/?p=2513"},"modified":"2022-04-03T19:06:58","modified_gmt":"2022-04-03T17:06:58","slug":"rwanda-brd-afd-partnership-revived","status":"publish","type":"post","link":"https:\/\/lecanape.rw\/en\/rwanda-brd-afd-partnership-revived\/","title":{"rendered":"Rwanda: BRD-AFD partnership revived…"},"content":{"rendered":"

The Agence Fran\u00e7aise de D\u00e9veloppement (AFD) and the Banque Rwandaise de D\u00e9veloppement (BRD) have just signed a partnership agreement in Kigali. It was launched by the granting of an exceptional credit of 20 million Euros.\u00a0 <\/strong><\/p>\n

AFD\u2019s, Chief Executive Officer (CEO), R\u00e9my Rioux, and BRD\u2019s Chief Executive Officer (CEO), Kampeta Pitchette Sayinzoga, signed a partnership agreement in Kigali on 31 March.<\/p>\n

\u201cThis agreement allows us to create a medium and long term link between our two institutions,\u201d reveals Kampeta Pitchette Sayinzoga.<\/p>\n

\"\"
This partnership agreement was preceded by the signature of a credit line of about 20 million Euros. (Photo le Canap\u00e9)<\/figcaption><\/figure>\n

This action was preceded by the signing of a line of credit of about 20 million Euros (over 22.5 billion FRWs) at a preferential rate. \u201cFor BRD, this is the best way to re-launch this partnership through this truly exceptional line of credit,\u201d said the CEO of the public development bank, Kampeta Pitchette.<\/p>\n

This fund will allow BRD to finance post-covid-19 Rwandan entrepreneurs affected by the global health crisis. It will also contribute to the financing of economic recovery.<\/p>\n

According to Ms. Kampeta Pitchette, the partnership agreement between BRD and AFD allows the two institutions to go beyond this 20 million Euros credit line.<\/p>\n

\"\"
BRD could take advantage of AFD’s experience to have access to green financing. R\u00e9my Rioux. (Photo le Canap\u00e9)<\/figcaption><\/figure>\n

Thus BRD could take advantage of AFD\u2019s experience to have access to green financing. \u201cBRD will be the first bank to grant green credits. This will inspire others,\u201d says R\u00e9my Rioux, CEO of AFD.<\/p>\n

In addition, the two institutions will work together to advance loans to the creative industry, culture, sport, digital and agriculture.<\/p>\n

Today, BRD is part of Finance in Common, an international club of Public Development Banks. It was invited by R\u00e9my Rioux, president of this organization.\u00a0\u00a0 \u201cWhat happens in Rwanda is of interest to the rest of the world,\u201d he explains.<\/p>\n

\"\"
According to R\u00e9my Rioux, the relationship between BRD and AFD is very exemplary. (Photo le Canap\u00e9)<\/figcaption><\/figure>\n

Each public bank member of this club expresses its way of financing the transformation of its society. Participants learn from experiences, failures and successes in daily and professional practices.<\/p>\n

BRD-AFD, a long-standing relationship<\/strong><\/p>\n

According to R\u00e9my Rioux, the relationship between BRD and AFD is very exemplary, as is the relationship developing between France and Rwanda.<\/p>\n

\u201cThe relationship between AFD and BRD is very old,\u201d recalls R\u00e9my Rioux. This French financing institution had been a shareholder of the Banque Rwandaise de D\u00e9veloppement before the 1994 genocide against the Tutsi.\u00a0 And that for a long time, according to Rioux.<\/p>\n

\"\"
The AFD-Kigali Representative, Arthur Germond, standing and Ambassador Antoine Anfr\u00e9 seated. (Photo le Canap\u00e9)<\/figcaption><\/figure>\n

\u201cSince 2019, we want to resume this dialogue, recreate it, transform it, because it will never be the same as before,\u201d he says, setting the tone for a future intervention in the context of new Franco-Rwandan relations. \u201cWe are removing the obstacles, we are moving forward,\u201d he announced.<\/p>\n

The Chief Executive Officer of the French Development Agency (AFD) signed a partnership with the Rwandan Development Bank (BRD) after inaugurating the offices of the French public institution in Kigali.<\/p>\n

\"\"
The Minister of State in charge of Economic Planning, Dr Claudine Uwera (Photo le Canap\u00e9)<\/figcaption><\/figure>\n

The ceremony took place in the presence of the French Ambassador Antoine Anfr\u00e9 and the Minister of State for Economic Planning, Dr Claudine Uwera. In the region, there was only the Nairobi branch.<\/p>\n

G\u00e9rard Rugambwa<\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Agence Fran\u00e7aise de D\u00e9veloppement (AFD) and the Banque Rwandaise de D\u00e9veloppement (BRD) have just signed a partnership agreement in Kigali. It was launched by the granting of an exceptional credit of 20 million Euros.\u00a0 AFD\u2019s, Chief Executive Officer (CEO), R\u00e9my Rioux, and BRD\u2019s Chief Executive Officer (CEO), Kampeta Pitchette Sayinzoga, signed a partnership agreement […]<\/p>\n","protected":false},"author":2,"featured_media":2514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,33],"tags":[],"class_list":["post-2513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"yoast_head":"\nRwanda: BRD-AFD partnership revived... - Le Canap\u00e9-English News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lecanape.rw\/en\/rwanda-brd-afd-partnership-revived\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rwanda: BRD-AFD partnership revived... - Le Canap\u00e9-English News\" \/>\n<meta property=\"og:description\" content=\"The Agence Fran\u00e7aise de D\u00e9veloppement (AFD) and the Banque Rwandaise de D\u00e9veloppement (BRD) have just signed a partnership agreement in Kigali. It was launched by the granting of an exceptional credit of 20 million Euros.\u00a0 AFD\u2019s, Chief Executive Officer (CEO), R\u00e9my Rioux, and BRD\u2019s Chief Executive Officer (CEO), Kampeta Pitchette Sayinzoga, signed a partnership agreement […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lecanape.rw\/en\/rwanda-brd-afd-partnership-revived\/\" \/>\n<meta property=\"og:site_name\" content=\"Le Canap\u00e9-English News\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-03T17:04:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-03T17:06:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lecanape.rw\/en\/wp-content\/uploads\/sites\/3\/2022\/04\/AFD-Kampeta-Rioux-rr.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"850\" \/>\n\t<meta property=\"og:image:height\" content=\"478\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@lecanape2\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gerard Rugambwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lecanape.rw\/en\/#website\",\"url\":\"https:\/\/lecanape.rw\/en\/\",\"name\":\"Le Canap\\u00e9-English News\",\"description\":\"Credible and endless source of information\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lecanape.rw\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/lecanape.rw\/en\/rwanda-brd-afd-partnership-revived\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/lecanape.rw\/en\/wp-content\/uploads\/sites\/3\/2022\/04\/AFD-Kampeta-Rioux-rr.jpg\",\"contentUrl\":\"https:\/\/lecanape.rw\/en\/wp-content\/uploads\/sites\/3\/2022\/04\/AFD-Kampeta-Rioux-rr.jpg\",\"width\":850,\"height\":478,\"caption\":\"\\\"This agreement allows us to create a medium and long term link between our two institutions.\\\" Kampeta Pitchette Sayinzoga and Remy Rioux (Photo le Canap\\u00e9)\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lecanape.rw\/en\/rwanda-brd-afd-partnership-revived\/#webpage\",\"url\":\"https:\/\/lecanape.rw\/en\/rwanda-brd-afd-partnership-revived\/\",\"name\":\"Rwanda: BRD-AFD partnership revived... - 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