Rwanda / Germany Boosts TVET

Rwanda and Germany yesterday signed three financing agreements worth Rwf15 billion to support Technical and Vocational Education and Training (TVET).

Gatete said the funds will contribute to the Rwandan TVET reforms by supporting selected vocational training centers and technical secondary schools.

“The support will facilitate in skills development and employment which is well embedded in the productivity and youth employment as stipulated in the EDPSR2,” Amb. Gatete said.

The funds will be invested in acquiring necessary equipment as well as to renovate or extend existing facilities at technical schools that will be selected, according to Amb. Gatete.

Ambassador Fahrenholtz said on top of the grants, he is interested in attracting German investors to Rwanda and that he is “doing homework” on the areas where they can invest.

“Germany will continue to work with dependable partners such as Rwanda. Rwanda is a success story that gives hope for the rest of Africa,” Ambassador Fahrenholtz said.

“I am meeting the new chief of the Rwanda Development Board to give us guidance on sectors where German companies can invest, as well as the tax procedures and technical skills available. Then German investors will be able to come here and co-invest with Rwandan entrepreneurs,” he added.

Chosen excerpts by Job Market Monitor. Read the whole story at 

via allAfrica.com: Rwanda: Germany Boosts TVET With Rwf15 Billion.