A Great Vision - Kigali Innovation City
The Rwandan Development Board (RDB) and Africa50 have signed a joint development agreement (JDA) to develop the Kigali Innovation City project. Located in one of the country's Special Economic Zones, Kigali Innovation City is a park designed to fast-track the country’s tech sector. It will accommodate research centres, tech hubs, foreign universities, among many others. (TC Daily newsletter)
The Government of Rwanda and Africa50, a pan-African infrastructure investment firm will set up a joint venture company that will be involved in developing, financing, constructing and operating commercial components of the Kigali Innovation City.
Africa50 is a special-purpose vehicle for infrastructure project financing in Africa founded by the African Development Bank, and different African governments.