An American company supports a $760 million hydropower project located in the Congo, Rwanda, and Burundi.

**Ruzizi III Hydropower Project Gains Momentum Amid Peace Talks**

A long-awaited initiative to construct a hydropower plant on the Ruzizi River, which borders Rwanda and the Democratic Republic of Congo, has received renewed support due to US-backed peace negotiations between the two nations. Anzana Electric Group has announced a partnership with Rwanda-registered Ruzizi III Holding Power Co. Ltd. to develop the 206-megawatt Ruzizi III project, as stated in a joint announcement on Tuesday. The $760 million facility aims to enhance regional integration, bolster energy security, and facilitate increased US investment and trade in Africa’s energy sector, according to Anzana’s CEO Brian Kelly.

The Ruzizi III project will complement two existing plants along the river that separates Congo’s South Kivu province from Rwanda’s Rusizi District. It is expected to nearly double the power capacity for neighboring Burundi, increase Rwanda’s capacity by 30%, and provide a stable power supply for eastern Congo. The three countries are collaborating in a public-private partnership to build and operate the plant, which could potentially commence operations as early as 2030. This project has faced delays for over a decade due to ongoing conflicts in eastern Congo.

Rwanda and Congo are anticipated to finalize a peace agreement in Washington on Friday, facilitated by US Secretary of State Marco Rubio. A significant portion of eastern Congo, including parts of South Kivu, remains under the influence of the Rwandan-backed M23 rebel group, although Rwanda denies any support for these militants. Rubio has proposed US investment in the mineral-rich region as an incentive for Rwanda to withdraw its presence and to encourage Congo to address Rwanda’s security concerns. Over 100 armed groups operate in eastern Congo, some of which pose threats to the Rwandan government.

Massad Boulos, a senior adviser for Africa during the Trump administration, attended the signing ceremony between the companies at the US-Africa Business Summit in Angola, where he is leading the US-mediated peace discussions. Anzana, established in 2011 and formerly known as Virunga Power, plans to acquire at least a 10% stake in Ruzizi III Holding by September 15. Ruzizi III Holding, supported by Industrial Promotion Services, the infrastructure and industrial development branch of the Aga Khan Fund for Economic Development, has not yet commented on the developments.

In conclusion, the Ruzizi III hydropower project represents a significant step towards enhancing energy infrastructure in the region, fostering cooperation between Rwanda and the Democratic Republic of Congo, and potentially attracting further investment in Africa’s energy future.

**FAQ**

**What is the Ruzizi III hydropower project?**
The Ruzizi III hydropower project is a planned 206-megawatt facility on the Ruzizi River, aimed at enhancing energy capacity for Rwanda, Burundi, and eastern Congo, while promoting regional integration and stability. 

Vimal Sharma

Vimal Sharma

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Vimal Sharma

Vimal Sharma

A dedicated blog writer with a passion for capturing the pulse of viral news, Vimal covers a diverse range of topics, including international and national affairs, business trends, cryptocurrency, and technological advancements. Known for delivering timely and compelling content, this writer brings a sharp perspective and a commitment to keeping readers informed and engaged.

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