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Kagame Launches Volkswagen’s First Car Assembly Plant in Rwanda

Kagame Launches Volkswagen’s First Car Assembly Plant in Rwanda

  President Paul Kagame has launched first Rwandan car Assembly plant by Volkswagen with a notice that, the country and Africa is getting what it deserves; brand new instead of second…

Cement Scarcity Sabotages Completion of New Inland Port

Cement Scarcity Sabotages Completion of New Inland Port

Rwanda is awaiting for a new inland port which is scheduled to boost the 48-year old Magasins Generaux du Rwanda (MAGERWA). In January 2016, the government signed a 25…

Methane Gas: 70 More Megawatts on the Way

Methane Gas: 70 More Megawatts on the Way

Rwanda is not yet done with the most ambitious project; the extraction of methane gas in Lake Kivu which, some people had called, ‘a time bomb project’ but was successful…

Tantalum Plant to Be Speeded Up

Tantalum Plant to Be Speeded Up

Rwanda has not yet laid the foundation stone for construction of its first ever tantalum plant, but officials are still optimistic they will have launched it within the next six…

Rwanda Coffee Penetrates Nigerian Market

Rwanda Coffee Penetrates Nigerian Market

JR Limited Company – a Nigerian coffee company has signed an open ended deal to export Rwandan coffee. The deal was signed between officials of the company and Rwanda Farmers Coffee…

BK Group Registers 7.7% Net Income Growth in First Quarter

BK Group Registers 7.7% Net Income Growth in First Quarter

Bank of Kigali Group PLC – Rwanda’s biggest bank by assets, says it registered a 7.7% growth worth Rwf6 billion ($6,972 million) in first quarter of 2018. The…

Cement Crisis Continues Weeks after Cimerwa Announced End to the Problem

Cement Crisis Continues Weeks after Cimerwa Announced End to the Problem

Cement users in Rwanda could have more days to bear hard times, as prices at Cimerwa – Rwanda’s monopoly producer, remain high weeks after they announced they had resumed production…

BK Plans to Cross-list on the Nairobi Securities Exchange

BK Plans to Cross-list on the Nairobi Securities Exchange

Rwanda’s largest bank by assets, Bank of Kigali Group PLC (BK) has announced plans to cross-list its shares on the Nairobi Securities Exchange following a shareholders’ approval…

RwandAir Launches Cape Town Route

RwandAir Launches Cape Town Route

Rwanda’s Carrier, RwandAir will start using its Boeing for the Kigali-Harare-Cape Town route during the high season, KT Press has learnt. On Wednesday morning, the first plane…

BK Launches Quick Loan Products

BK Launches Quick Loan Products

Rwanda leading commercial bank in terms of assets– Bank of Kigali (BK) Group has launched a new client based product that will enable its clients to get a quick loan…

Air Djibouti to Launch Kigali Route Next Month

Air Djibouti to Launch Kigali Route Next Month

Within one month Air Djibouti will officially launch its operations in Rwanda starting with handling of cargo flights between Rwanda’s capital Kigali and Djibouti. The move will make Kigali…

In Rwanda, Bitcoin Founder Backs “African Cryptocurrency”But Not Without Controversy

In Rwanda, Bitcoin Founder Backs “African Cryptocurrency”But Not Without Controversy

The mysterious computer scientist behind crypto-currency and Bitcoins is attending a continental tech summit in Rwanda. The buzz around him on social media as he spoke on several platforms…