National Health Laboratory investment to strengthen epidemic and pandemic preparedness by improving diagnosis, surveillance and research
Investment key Government of Rwanda COVID-19 National Response Plan priority
First EIB health project in Rwanda and largest ever EIB health engagement in East Africa
EUR 22 million EIB loan combined with EUR 5 million EU grant to support construction of the National Health Laboratory, in partnership with the World Health Organisation
Government of Rwanda and Team Europe reach last milestone for financing National Health Referral Laboratory Project
Minister for Health Dr Daniel Ngamije, and Finance Minister Dr Uzziel Ndagijimana today highlighted the national importance of EUR 27 million European Investment Bank and European Union support for redevelopment of the National Health Laboratory by the Rwanda Biomedical Centre and new investment under Rwanda’s COVID-19 National Response Plan.
“Unlocking new investment by the Rwanda Biomedical Centre will transform diagnosis, surveillance and research at the National Health Laboratory. The EUR 27 million Team Europe support provided by the European Investment Bank’s streamlined African COVID-19 health resilience engagement and the European Union will better protect Rwandans from disease and future epidemics.” said Dr Daniel Ngamije Minister for Health.
“Accelerating public health investment is essential to tackle COVID-19 and better prepare for future health emergencies. The European Investment Bank is a key financing partner for Rwanda and today’s EUR 27 million backing represents the first ever direct EIB backing for health investment in our country.” said Dr Uzziel Ndagijimana, Minister of Finance and Economic Planning.
The Team Europe financing was formally announced in Kigali earlier today ahead of the Second African Union-European Union ministerial meeting.
“Since the start of the COVID-19 pandemic the European Investment Bank has worked with partners across Africa to unlock priority public health, vaccine and medical investment. The EIB is pleased to provide EUR 22 million to support redevelopment of the National Health Laboratory by the Rwanda Biomedical Centre, alongside EUR 5 million from Team Europe and World Health Organisation partners. Upgrading medical diagnosis will enable Rwandans to benefit from high quality health care and ensure a quicker response to future pandemics” said Thomas Östros, European Investment Bank Vice President.
“Team Europe is working with partners across Africa to strengthen healthcare and improve resilience to future health emergencies. Combining EIB financing and EU grant support and technical assistance will enable Rwanda to benefit from world class diagnosis at the National Health Laboratory.” said Ambassador Nicola Bellomo, Head of the European Union Delegation to Rwanda.
Largest ever EIB health engagement in East Africa
The largest ever EIB financing for health investment in East Africa will finance construction of a new medical diagnosis and research facility at Rwanda’s central health implementation agency in Kigali.
The new 20 year European Investment Bank loan is provided under the EIB dedicated Covid-19 Health and Economic Resilience approved by European finance ministers within weeks of the COVID-19 pandemic and enabling streamlined financing to be provided across Africa.
EU and WHO backing COVID and pandemic resilience in Rwanda
The project is a key priority under the COVID-19 National Response Plan. The project will also benefit from a EUR 5 million European Union grant, under the Africa Investment Platform and European Development Funds to co-finance the project and EUR 1.5m to enable World Health Organisation best-practice project implementation.
The Rwanda Biomedical Centre conducts scientific research, provides diagnostics services, and implements innovative health interventions to protect the nation against diseases and other health threats. RBC was established in 2011 to improve the health of the Rwandan population by providing high quality, affordable and sustainable health care services.
The EIB has operated in Rwanda since 1977 and provided more than EUR 206 million for private and public investment across the country.
The East Africa COVID-19 Rapid Response Facility (RRF) is a credit facility dedicated to address the adverse consequences of the COVID-19 pandemic on the private sector, in particular SMEs. The main objective is to support on-lending by financial intermediaries to private sector projects in the East Africa region.
EIB Global, the financial arm of the European Investment Bank for activities outside the European Union, has signed an €11 million EU grant for the Montenegro education programme to enable 13 education facilities, including kindergartens, primary schools, vocational schools and secondary schools, to be modernised and equipped. The upgraded infrastructure will improve learning conditions and the quality of teaching, while promoting digital transformation, skills development and the shift to a knowledge-based economy. It will help the country increase its schooling capacity by creating close to 1 700 new places for pupils and 530 full-time jobs for teachers.
EIB Global, the financial arm of the European Investment Bank (EIB) for activities outside the European Union, has signed a cooperation agreement with the National Bank of North Macedonia under the Greening Financial Systems (GFS) programme. The agreement will enable the provision of advisory services to the National Bank designed to enhance its regulatory and supervisory climate risk management practices, as well as the reporting capacities of the financial sector in the country. These activities will help local banks understand the climate risk exposure of companies in North Macedonia and support their sustainability practices.
EIB Global, the financial arm of the European Investment Bank (EIB) for activities outside the European Union, has signed a €36 million loan for the construction of a 50 MW wind farm on the high plateau of Vlašić mountain, located about 15 km north-west of the town of Travnik. The loan comes in addition to the €21 million in grants allocated by the European Union in December 2023 through the Western Balkans Investment Fund (WBIF).