Rwanda set to launch Green City worth $4.5 billion

A Green City worth $4.5 billion is set to be launched in Rwanda. The city, which will be the first in Africa, is expected to be built next year, according to Weetracker.

The Green City is a future projection of the next generation of African cities and is expected to utilise renewable energy, green buildings and eco-friendly designs for its construction masterplan and overall outlook.

The Green City project, being one of the first in Africa, is expected to be surrounded by environmentally-friendly facilities alone. There would not be any sign of combustion in the area, only green-friendly projects like environmentally-friendly mini-factories and fully electric vehicles would be available for people who desire to live there.

The city has been sited on a land area of about 620 hectares in Kinyinya, Gasabo District, in Kigali. This Green City is coming after the launch of first Made-in-Africa smartphones and electric cars in the past couple of months.

Green City is designed to serve 150,000 people. As a result of this, 30,000 housing units, which would create nothing less than 16,000 jobs, would be developed. In fact, no one would have to be ejected for the project to commence.

As regards funding, feasibility studies have begun. Partners like Rwanda Green Fund, KfW Development Bank, and the German Development Cooperation have been identified as potential sponsors.