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AfDB Commits $30M for Rwanda Innovation Fund

AfDB Commits $30M for Rwanda Innovation Fund

Minister Claver Gatete and AfDB Director of Private sector Abdu Mukhatar at the signing ceremony. The African Development Bank (AfDB) has committed a $30 million loan to support the establishment…

Africa’s Biggest Economies That Signed AfCFTA

Africa’s Biggest Economies That Signed AfCFTA

Top largest economies of Africa have joined their fellow African Union member countries to sign the historic African Continental Free Trade Area (AfCFTA) in Kigali which is expected to increase…

Rwanda’s GDP Registers 6.1% Growth

Rwanda’s GDP Registers 6.1% Growth

Rwanda’s Economy continued to register significant growth in the final quarter of last year with the Growth Domestic Product (GDP) standing at 6.1%. In 2017, according to the…

Rwanda Sets Deadline for Multimillion Tradefair Park

Rwanda Sets Deadline for Multimillion Tradefair Park

The newly elected Rwanda Private Sector Federation (PSF) Chairperson has assumed office with a new task of changing the face of the business community and trade fairs. Today, PSF Chairman…

Expired Food: An Investigation Into Kigali’s Dangerous Food Market

Expired Food: An Investigation Into Kigali’s Dangerous Food Market

In 2013, a law establishing the Rwanda Food and Medicine Authority (RFMA) – a body supposed to regulate standards of foods and medicines was passed by parliament. However, up to…

Central Bank Warns the Public against Crypto Currency

Central Bank Warns the Public against Crypto Currency

Crypto currency including bitcoin remains illegal in Rwanda and anyone who gets involved in the business of buying and selling digital money will do it at their own risk, Rwanda…

Fuel Prices Increase Again

Fuel Prices Increase Again

Pump attendant fills up fuel into a vehicleRwanda Utilities Regulatory Authority (RURA) has announced new increased fuel price that will only last for two months pending a flux in international…

Robert Bapfakurera Elected New PSF Boss

Robert Bapfakurera Elected New PSF Boss

Robert Bapfakurera is the new chairman of the Rwandan Private Sector Federation(PSF) after winning 137 votes out of the 155 votes cast on Friday during the elections of the…

Rwanda’s Bisate Lodge Ranked among World’s Best New Hotels

Rwanda’s Bisate Lodge Ranked among World’s Best New Hotels

Travel + Leisure editors, a US based Destinations’ Company in New York City yesterday named Wilderness Safaris Bisate Lodge in Musanze district, Northern Rwanda among the Best New Hotels in the…

Rwanda Rolls Out Rwf15B Bond 

Rwanda Rolls Out Rwf15B Bond 

Rwanda Government has today officially opened doors for investors to buy the 5 year treasury bond worth Rwf15billion. The books opened this morning 19th February 2018, and will be on…

How Rwanda is Phasing-out Smuggling at Its Borders

How Rwanda is Phasing-out Smuggling at Its Borders

Smuggling, illegal trade, street vending and related terms could soon be erased from the Rwandan vocabulary when it comes to trade between Rwanda and its neighbors. Assia Nyiraneza 30, a…

Rwanda-Israel Horticulture Deal to Cut Down on Imports

Rwanda-Israel Horticulture Deal to Cut Down on Imports

For some years now, the growing high-end Hotels in Rwanda have complained about ‘poor quality’ of local fruits and vegetables – pushing them to import the products. This will be…