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The funding, jointly provided by both governments, aims to "save lives, strengthen Rwanda's health system," and enhance American safety, the State Department said late Friday.
Youssouf acknowledged the supportive role of the United States, highlighting the personal involvement of President Donald Trump in creating conditions that made the negotiations possible. He also commended Qatar for its diplomatic support and readiness to assist Africa-led peace initiatives.
According to data shared in the financial statement on Friday, the bank’s positive earnings were largely powered by a steep decline in impairment charges.
"This engagement enables us to export Rwanda's unrivalled natural beauty and extraordinary biodiversity to the people of Los Angeles as well as NBA and NFL fans everywhere," said Jean-Guy Afrika, Rwanda Development Board CEO in a statement.
The announcement follows the June 27 signing of a peace accord in Washington by the foreign ministers of Congo and Rwanda, which included a meeting with US President Donald Trump.
A record-breaking 36 African countries were represented in Rwanda, with a third of the more than 700 riders competing coming from the continent.
Tragedy struck last year's championships in Switzerland when Swiss teenager Muriel Furrer died following a crash in the junior women's road race near Zurich. According to media reports, Furrer lay alone at the side of the road for an hour and a half before being discovered and later died as a result of a head injury.
Rwanda is known as the 'land of a thousand hills', so from a sporting perspective it is fitting that its capital Kigali will stage the first UCI World Road Championships in Africa.
Rwanda had earlier announced on August 5 that it would accept up to 250 deportees from the United States, with each case subject to approval.
Rwanda’s National Public Prosecution Authority (NPPA) spokesperson Faustin Nkusi confirmed Gasana’s return, saying he arrived “following his extraction from the Kingdom of Norway.”
The legislation, passed on Monday, lowers the minimum age from 18 and allows adolescents to obtain birth control pills and implants
Government spokesperson Yolande Makolo confirmed the agreement and said it aligns with Rwanda’s history of displacement and its values.