REG-TotalEnergies SE Rwanda: TotalEnergies Signs a MoU With Rwanda Development Board (RDB) to Deploy Its Multi-energy Offer and Contribute to the Development of the Energy Sector

TotalEnergies SEAnnouncement

31/01/2022 08:10

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Rwanda: TotalEnergies Signs a MoU With Rwanda Development Board (RDB) to
Deploy Its Multi-energy Offer and Contribute to the Development of the Energy
Sector

 

During a visit to the country by Patrick Pouyanné, TotalEnergies (Paris:TTE)
(LSE:TTE) (NYSE:TTE) and Rwanda Development Board, a Rwandan public
institution responsible for accelerating Rwanda’s economic development, have
signed a Memorandum of Understanding (MoU) to develop collaboration on
projects related to energies. The scope of the agreement covers in particular:


 * The energy products distribution (including LPG, and electric charging),

 * The supply of LPG as a substitute for burning biomass,

 * The renewable hydro-electricity generation,

 * The development of power storage solutions for the electrical network,

 * The development of Natural Based Solution for carbon storage,

 * The implementation of education and training programs on new energies and the
energy transition.

TotalEnergies also announced the incorporation of a local branch TotalEnergies
Marketing Rwanda Ltd, and the opening of a permanent representation office in
Kigali.

“This collaboration agreement illustrates TotalEnergies' commitment to
deploying its multi-energy strategy in Africa, particularly in Rwanda, a
country with a booming economy”, said Patrick Pouyanné, Chairman & CEO
of TotalEnergies. “We are pleased to seize this opportunity to work together
with Rwanda and contribute to the development of its energy sector, in line
with TotalEnergies’ ambition to become a global multi energy company”

“The collaboration with TotalEnergies in the energy sector, particularly the
investment they will make in clean energy storage, distribution, partnerships
with our private sector companies in Rwanda and beyond, is timely for a
country that puts the environment at the heart of its development strategies.
Additionally, the skills transfer in critical areas such as renewable energies
and energy transition will undoubtedly contribute to the development of local
expertise in the energy sector.” said Clare Akamanzi, CEO of the Rwanda
Development Board.

***

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, cleaner, more reliable and accessible to as many people as
possible. Active in more than 130 countries, TotalEnergies puts sustainable
development in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.

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