The Ministry of Finance and Economic Planning – Rwanda and the Ministry of Finance of the Republic of Poland today signed a Tax Solidarity Memorandum of Understanding (MoU) aimed at…
Economy
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Economy
Rwanda Presents Progress on SDGs under Voluntary National Review 2023
by KT Press Reporter 10:34 pmRwanda yesterday presented an in-depth review on the implementation progress of the 2030 Agenda for Sustainable Development under the Voluntary National Review (VNR) mechanism, at the high level political forum…
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The Board of Directors of the African Development Fund has approved a $101 million loan to finance the Rwanda Sustainable and Resilient Water and Sanitation Program. The funding, approved July…
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The Ministry of Infrastructure has officially launched the Institute of Quantity Surveyors in Rwanda (RIQS) which will enable the government to properly implement construction projects and account for value for…
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The cabinet meeting chaired by President Paul Kagame last night appointed Itzhak Fisher as the new chairman of Rwanda Mines, petroleum and gas board (RMB). Fisher is an Israeli businessman…
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Economy
Saudi Fund for Development Finances $20 M Electrification Project in Rwanda
by Daniel Sabiiti 8:19 pmThe Saudi Fund for Development (SFD) and Government of Rwanda have signed an agreement to finance an electricity project that will connect 60,000 households in Southern and Northern Provinces of…
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Economy
Rwanda Parliament Approves $100 M Loan for Post COVID-19 Business Recovery
by Daniel Sabiiti 10:19 pmThe Rwanda Parliament has approved $100 million loan for the Economic Recovery Fund (ERF) to support the recovery of businesses hard hit by the COVID-19 pandemic. The fund is specifically…
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Economy
Minister Bayisenge Tasks Development Partners To Address Women’s Challenges
by Daniel Sabiiti 7:47 pmA national non-profit, Women for Women Rwanda (WfW-R) has hosted its annual Finance Fair event to expose women micro-entrepreneurs to business opportunities and pitch their startups for capital. This year’s…
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Rwanda Development Board (RDB) has proposed a draft bill that will allow the organization to seek a special status, flexibility to lobby for big deals with a new organizational structure…
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Economy
Rwanda Joins UK’s New Trading Scheme for Developing Countries
by Jean de la Croix Tabaro 5:04 pmRwanda has joined the United Kingdom (UK) developing countries trading scheme (DCTS) which seeks to cut tariffs on products entering the UK from 65 countries. The market of an estimate…
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Economy
Take Your Rightful Place in Fintechs- First Lady Jeannette Kagame Tells Women
by Daniel Sabiiti 12:17 amLeaps in the Fintech sector have seen growth creating 300,000 jobs in the last ten years and this industry growth is expected to reach $1.5trillion in 2030. While the sector…
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President Paul Kagame and President Hakainde Hichilema have committed to supporting financial technology (Fintech) in Africa but also asked that the current opportunities presented by the sector should be rolled…