Energizing Rwanda’s Development
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Washington, DC: World Bank
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Rwanda is among the fastest growing
economies in Africa. This growth aligns with the Rwandan
government’s goal of transitioning the country from an
agricultural-based economy to one driven more by industry
and services. With the support of development partners, the
government is shifting its focus toward leveraging
electricity services to spur economic development and job
creation. Energizing Rwanda’s Development: Opportunities and
Strategies for Catalyzing Productive Use of Energy - a
product of the World Bank’s Energy Sector Management
Assistance Program (ESMAP), in collaboration with
Sustainable Energy for All (SEforALL) - utilizes extensive
primary and secondary data to assess the country’s potential
in the productive use of energy (PUE). Utilizing a rigorous
ranking process, the study selected four high-potential PUE
technologies for analysis: (1) solar water pumps, (2)
refrigerators, (3) electric motorcycles, and (4) electric
pressure cookers. The findings demonstrate the presence of a
nascent market and the key role affordability plays in the
uptake of PUE technologies. Market strengthening will
require support for suppliers’ access to finance, consumers’
access to affordable products, and awareness creation and
capacity building, underpinned by enabling policies and
cross-sector coordination. These actions will require
dedicated funding, which can start a virtuous cycle of development.
Palabras clave
ECONOMIC GROWTH, AGRICULTURAL FINANCE, IMPROVED ACCESS TO ELECTRICITY SERVICES, ENERGY ACCESS POLICY AND REGULATIONS, ENERGY ACCESS, ENERGY AND EXTRACTIVES, POWER AND ELECTRICITY SECTOR, FINANCIAL INCLUSION, LINKING FARMERS WITH MARKETS, FINANCIAL SECTOR DEVELOPMENT, AGRICULTURE AND FOOD SECURITY, AFFORDABLE AND CLEAN ENERGY, SDG 7, DECENT WORK AND ECONOMIC GROWTH, SDG 8