Rwanda Coding Academy receives Frw 7.1 billion support from KOICA.

September 2, 2021: The Korea International Cooperation Agency (KOICA) signed the Record of Discussion (R/D) with the Ministry of Finance and Economic Planning and the Ministry of Education for the implementation of the Rwanda Coding Academy (RCA) Capacity Development Project worth US$ 7.1 million (approximately Frw 7.1 billion). The Government of Rwanda will provide the counterpart funding of US$ 800,000 for the project, making the total value of project US$ 7.9 million or approximately Frw 7.9 billion.

The signing ceremony was virtually held in observance of the current health measures to prevent the spread of COVID-19 and the R/D was signed by Dr. Uzziel NDAGIJIMANA, Minister of Finance and Economic Planning, Dr. Valentine UWAMARIYA, Minister of Education and Mr. CHON Gyong Shik, Country Director of KOICA Rwanda Office. 

“We thank the Government of the Republic of Korea for partnering with us in this important project to enhance software skills development in Rwanda. This support comes to support our National Strategy for Transformation Pillar, with a focus on making Rwanda a Globally Competitive Knowledge –based Economy”, Minister NDAGIJIMANA said

Minister Uwamariya noted that: “This project will make Rwanda Coding Academy a center of excellence in Software Development which will be providing our students with high quality practical skills as required by the software industry at both national and international level, and this will hugely contribute to the national aspiration of making our country a regional ICT hub”.

“KOICA has three priority sectors in Rwanda, agriculture, education, and ICT, and this project cuts across the two important sectors, education and ICT,” said Mr. CHON Gyong Shik, Country Director of KOICA Rwanda Office. “As the main development agency of the Korean government, through this project, we will contribute to the GoR's education and economic development plans as well as the achievement of SDG 4.” 

RCA opened in 2019, benchmarking the model of Korea's Software Meister High School, with the goal of developing competent software developers who can promote industrial and economic development of Rwanda. Since its birth, the school has accepted two intakes of students totaling to 118. The third intake is slated for September this year. 

With KOICA's intervention, RCA will be equipped with high quality infrastructure and equipment as well as capacity to provide specialized education programs to students. It will ultimately benefit the students who are at the heart of RCA's mission and contribute to the Sustainable Development Goal 4; Education for All. 

Since 1991, KOICA has been implementing its grant aid programs in Rwanda, disbursing about USD 150 million through various projects and capacity building programs. KOICA Rwanda Office was officially opened in 2011. KOICA currently has over 10 on-going projects in Rwanda in education, agriculture and ICT sectors. With the outbreak of COVID-19, KOICA also supported Government in response to the pandemic by providing a mobile testing vehicle, walk-through testing booths and personal protective equipment (PPE) worth about USD 1 million.
 

Topics


Rwanda Presents Third Voluntary National Review on Progress Towards the 2030 Agenda

New York, 15 July 2026 — Rwanda has presented its Third Voluntary National Review (VNR) on the implementation of the Sustainable Development Goals…

Read more →

Rwanda Ranked Among Africa's Top Performers in Global Sovereign Transparency Report

KIGALI, July 14, 2026 – Rwanda has been ranked among Africa's top performers in the 2026 Institute of International Finance (IIF) Investor Relations…

Read more →

Reinventing Development Finance

Yusuf Murangwa , Junaid Kamal Ahmad, and Ndiamé Diop

July 8, 2026

Faced with shrinking concessional finance and rising borrowing costs, Rwanda has…

Read more →

Development Partners and Government Review Next Steps for Operationalizing Rwanda’s Development Cooperation Policy

Kigali, Rwanda – July 2, 2026 — Government officials and development partners last week convened under the Development Partners Coordination Group…

Read more →

RWANDA’S GDP GROWS BY 10% IN FIRST QUARTER OF 2026, DRIVEN BY INDUSTRY AND SERVICES

KIGALI, June 16, 2026 – Rwanda’s economy recorded 10% growth in the first quarter of 2026, compared to the same period in 2025, according to official…

Read more →

Minister Murangwa Presents Frw 7,796 billion Budget for 2026/27, Prioritizing Agriculture, Jobs, and Economic Stability

Kigali, 11 June 2026– The Minister of Finance and Economic Planning, Yusuf Murangwa, today presented to Parliament a budget proposal of Frw 7,796.3…

Read more →

S&P Global Ratings Confirms Rwanda's Credit Rating at 'B+/B' with a Stable Outlook

Kigali, Rwanda – 25 May 2026 – S&P Global Ratings last week affirmed Rwanda’s credit rating at ‘B+/B’, maintaining a stable outlook. The affirmation…

Read more →

Government Presents Budget Framework Centered on Resilience and Inclusion

Kigali, 11 May 2026 – The Minister of Finance and Economic Planning, Yusuf Murangwa, today on behalf of the Government, presented the Budget Framework…

Read more →

Rwanda and IMF Reach Staff-Level Agreement on $250 Million Program

Kigali, Rwanda – April 2, 2026– The Government of Rwanda has reached a staff-level agreement with the International Monetary Fund (IMF) on a 38-month…

Read more →
-->