Africa50, a pan-African infrastructure investment firm, will invest $400 million (about Rwf348.9 billion) in Kigali Innovation City, boosting Rwanda’s efforts to develop its tech hub.

The amount was revealed in a statement by the African Development Bank Group, one of the shareholders of Africa50.

For more information, please see https://www.newtimes.co.rw/news/africa-kigali-innovation-city