The African Legal Support Facility (ALSF), an organization hosted by the African Development Bank (AfDB) has provided advisory services support to the Government of Rwanda to negotiate the proposed deal with Symbion Power to develop a $200-million-dollar energy plant by Lake Kivu in Rwanda, a deal which was signed on 29 March 2019.
According to a news release by the AfDB, the energy plant is set to generate an additional 56 MW of electricity for Rwanda, marking a significant step in Rwanda’s efforts to increase its installed power generation capacity by 291MW to 512MW by 2024.
The plant also plans to extract methane gas from the production area at Lake Kivu and use it to produce electricity for consumption in the country.
The ALSF legal counsel and project task manager, Ms Nchimunya Ndulo stated that;
“The ALSF’s support to Rwanda, through the Rwanda MININFRA project, helps to ensure that Rwandans have access to energy, promoting sustainable development and inclusive growth. The project also ensures that the development occurs on the best possible terms for Rwanda”
The Symbion Power project is part of a larger ALSF initiative to provide assistance to Rwanda’s Ministry of Infrastructure (Rwanda MININFRA project), including support for the Nyabarongo II project, a project which will have a 43.5 MW generation capacity and will increase overall installed capacity by 11.5%.
About the African Legal Support Facility (ALSF)
Hosted by the African Development Bank Group, the ALSF is an international organisation with the aim of funding legal advice and technical assistance to African countries, to enable a profitable negotiation of creditor litigation and other related sovereign transactions for these countries. The ALSF is also responsible for developing and proposing innovative tools for capacity building and knowledge management across Africa.
About the African Development Bank Group
The African Development Bank Group is the continent’s premier development finance institution. Headquartered in Abidjan, Côte d’Ivoire, the Bank is represented in 44 African countries. The AfDB contributes to the economic development and the social progress of its 54 regional member states.