TVET to benefit from frw29.5 billion German grant
Rwanda and German have inked a fresh three-year bilateral agreement on technical cooperation aimed at boosting Rwanda's Technical Vocational Education and Training (TVET), decentralization as well as private sector development.
The grant agreement worth 29 million Euros (equivalent to Frw 29.5 billion) signed by the Germany Ambassador to Rwanda, Dr. Peter Woeste, and Dr. Uzziel Ndagijimana, Rwanda’s Minister of Finance and Economic Planning, at the Ministry of Finance offices.
Minister Ndagijimana stated that the support will contribute towards government of Rwanda priority areas such as employment as well as capacity building which will contribute to the achievement of Rwanda’s long term development goals.
“The sustained development cooperation as well as the current agreement signed illustrates, once again, the mutual trust and excellent relations shared by the Government of the Federal Republic of Germany and the Government of Rwanda." Dr. Ndagijimana noted.
The German Ambassador expressed his appreciation of Rwanda’s development results in the past and encouraged them to continue staying ambitious in implementing the new National Strategy for Transformation in partnership with the private sector and civil society.
“I appreciate the open dialogue with the Government of Rwanda, even if we have sometimes different opinions on the best way forward. This is part of a real friendship.” Said Dr. Woeste.
According to the Ministry of Finance, bilateral cooperation between Rwanda and Germany began in the year 1963.
The KFW and GIZ are the implementing Agencies on behalf of the Federal Republic of Germany: GIZ through Technical Cooperation and KFW through Financial Cooperation.
Every three years, both countries hold intergovernmental negotiations (IGN) to fix modalities of a new development program.
The most latest IGN, for the period of 2017-2019, took place in Kigali in May 2017, when the German Government committed to contribute a grant of €81 million and €39 million were earmarked for Technical Cooperation (GIZ).
The KfW, formerly KfW Bankengruppe (banking group), is a German government-owned development bank, based in Frankfurt, Germany.