Rwanda, South Korea ink $1bn deal to fund transport, healthcare, education projects

Rwanda and South Korea officials inked a US$1 billion framework arrangement aimed at providing concessional funding for a range of projects in key sectors of the Rwandan economy including transportation, healthcare, and education, on Friday, July 5. According to a statement from the Ministry of Finance and Economic Planning, the money will be channeled through the Economic Cooperation Development Fund (ECDF), a Korean agency that promotes economic cooperation between the Asian nation and developing countries

Original article link: https://www.newtimes.co.rw/article/18228/news/business/rwanda-south-korea-ink-1bn-deal-to-fund-transport-healthcare-education-projects