Company Profile

Company Description:

The Nile Basin Initiative (NBI) is a partnership of the riparian states of the Nile.

The NBI seeks to develop the river basin resources in a cooperative manner, share substantial socioeconomic benefits, and promote regional peace and security.

Within the framework of the NBI, the Governments of Burundi, Rwanda and Tanzania have received financial support from various donors for preparation of the Rusumo Falls Hydro-Electric and Multipurpose Project (RRFP), conceived as part of the Nile Equatorial Lakes Subsidiary Action Program (NELSAP).

RRFP is a key project part of an overall Kagera Basin Integrated Development Framework. The Regional Rusumo Falls Hydroelectric and Multipurpose Project is a multi-purpose hydrop ower project under joint development by Burundi, Rwanda and Tanzania.

In March 2006, Ministers of Energy of the three countries signed in Kigali a Joint Project Development Agreement, reconfirming their commitment to jointly develop the RRFP.

The agreed project preparat ion management arrangements consist of a Council of Ministers responsible for electricity in those countries; a Project Implementation Committee (PlC) consisting of the Managing Director/Director General of the Electricity Utility, Director General /Commissioner/ Director of Energy in each country; and a Project Manager at NELSAP-CU. NBI/NELSAP-CU has fiduciary responsibility and oversees donor grants to the project.