Browsing Category:

Economy

Vegetable exports could be Rwanda’s ‘Next Big Thing”

Vegetable exports could be Rwanda’s ‘Next Big Thing”

The growing appetite for Rwandan vegetables abroad is pressing local farmers to transit from subsistence to commercial farming to meet the growing demand. Since 2011, vegetables have boosted the country…

Rwanda Commodities Exchange Increases Farmers Revenue

Rwanda Commodities Exchange Increases Farmers Revenue

Rwandan farmers have struggled with market prices for decades. Middlemen try their best to give the lowest prices possible. Many farmers have made losses and others abandoned their farms to…

Belgians urged to tap into Rwanda’s Energy Sector

Belgians urged to tap into Rwanda’s Energy Sector

Belgian’s Deputy Prime Minister Didier Reynders has urged investors from his country to tap into unlimited opportunities in Rwanda’s Energy sector. Reynders accompanied by Belgium Cooperation Minister, Alexander…

EU gives Rwanda €27.8m to boost Agriculture

EU gives Rwanda €27.8m to boost Agriculture

Rwanda has received €27.8m from the European Union. The funds, signed for on Christmas Eve, are meant to upgrade projects in the agriculture sector, as well as the revamping…

Rwandans in France Donate to One-cow-per Family

Rwandans in France Donate to One-cow-per Family

An Association of Rwandan women living in France and their friends have donated five hybrid cows to Rwanda’s One-cow-per family program. The One-cow-per family initiative…

Rwanda shouldn’t wait for favours from anywhere – UN

Rwanda shouldn’t wait for favours from anywhere – UN

Countries like Rwanda that show resilience in transforming their economies “cannot wait for favourable winds, said Executive Secretary for United Nations Economic Commission for Africa, Carlos Lopes. Lopes was speaking…

Rwandans Turning Digital to Boost Economy

Rwandans Turning Digital to Boost Economy

President Paul Kagame has commended the increased usage of Information Communication Technology (ICT) among Rwandans and its substantial contribution to the country’s economy. Kagame said that ICT has become…

Kagame outlines pragmatic shift into agriculture to boost economy

Kagame outlines pragmatic shift into agriculture to boost economy

President Paul Kagame has said the government will invest heavily in agriculture to boost the economy and increase household income. While officially opening the 12th National Dialogue Council (Umushyikirano), Kagame…

Rwanda’s GDP Expands by $2b in Third Quarter

Rwanda’s GDP Expands by $2b in Third Quarter

Rwanda’s economy expanded 7.8% by September, Finance Minister, Claver Gatete announced Wednesday morning. He said GDP for just 3rd quarter rose to Rwf1,393 trillion ($2b) from the…

Rwanda revises trade policy to address trade imbalance

Rwanda revises trade policy to address trade imbalance

Rwanda says it is revising policies to fix its daunting trade imbalance, mainly caused by huge importation of mainly electronics, light manufactured merchandise, petroleum products, fertilisers construction materials. Despite Rwanda…

IMF says bank rates in Rwanda are dangerous

IMF says bank rates in Rwanda are dangerous

The International Monetary Fund (IMF) is concerned commercial banks in Rwanda are ripping off customers with acute interest rates, derailing growth. Interest rates on credit are surging between 18% and…

Rwanda seeking ideas on how ICT can transform its economy

Rwanda seeking ideas on how ICT can transform its economy

Hundreds of business executives from around the world are heading to Rwanda to attend a high-end conference on Information Communications Technology, dubbed ‘SMART Rwanda Days’. The annual event brings…