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What specific projects are included in the budget for energy and ICT development

What specific projects are included in the budget for energy and ICT development

Introduction

Based on the proposed budget for FY 2024/2025 and Rwanda’s development plans, several key projects are included for energy and ICT development:

Energy Projects

Nuclear Microgrids

Rwanda is planning to create an energy infrastructure focused on small nuclear-based microgrids:

Deployment of nuclear microreactors (less than 20 MW capacity) and small modular nuclear reactors (12 MW to hundreds of MW)

Potential integration with renewable energy sources like solar, wind, or geothermal for rural microgrids

Collaboration with Nano Nuclear Energy to implement this infrastructure

Electricity Distribution

An updated Rwanda Electricity Distribution Master Plan has been established, likely including projects to:

Expand the electricity grid to increase access, especially in rural areas

Improve the reliability and efficiency of the existing distribution network

ICT Projects

Kigali Innovation City (KIC)

A significant project in the ICT sector is the Kigali Innovation City:

61-hectare smart city development

Expected to stimulate $150 million in ICT exports annually

Aims to attract over $300 million in foreign direct investment

Projected to create over 50,000 jobs upon completion

Digital Infrastructure

The budget allocates resources for enhancing digital infrastructure:

Improving broadband access across the country

Expanding ICT adoption and digital transformation initiatives

Developing financial technology (fintech) capabilities

AI Integration

Rwanda is focusing on integrating artificial intelligence into various sectors:

Implementing AI use cases in agriculture, such as early warning systems for farmers

Enhancing public administration processes with AI tools, including tax systems and social security claims

Aiming for AI to contribute 6% to GDP by 2025

Digital Skills Development

The budget includes initiatives to boost digital literacy and skills:

Improving the quality of and access to ICT education

Funding for the Priority Skills for Growth and Youth Empowerment (PSGYE) Program, which aims to improve employability of over 200,000 targeted youths

Conclusion

These projects reflect Rwanda’s commitment to leveraging technology for economic growth and social development, as outlined in its Vision 2050 and National Strategy for Transformation (NST-1) objectives.

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