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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…

EU signs Rwanda €460m grant for development

EU signs Rwanda €460m grant for development

The European Commission (EU) on Thursday signed with Rwanda a €460 (Rwf410b or US$600m) grant meant for assisting the country with its development agenda. The six year development assistance…

RRA says billing machines increasing tax base

RRA says billing machines increasing tax base

Barely six months after the introduction of Electronic Billing Machines, Rwanda revenue authority (RRA) says the results are impressive. Speaking at this year’s tax payers’ day celebration…

Rwanda contracts Nokia Networks to run LTE network

Nokia Networks has struck a deal with the government of Rwanda to provide radio and core network and manage the services to build the country’s first commercial LTE network…

Rwanda announces giveaway price for its $21m bond

Rwanda’s coupon rate for the Rwf15 billion ($21.8m) bond has been set at upper 11’s. The central bank announced on Wednesday the rate is between 11.5…

Rwanda’s economy maintains 7.4% growth, despite a staggering trade deficit

Rwanda’s economy has maintained a steady growth of 7.4% thanks to a booming service industry which rose by 22.4% from 12.6% in the first quarter. Central…

Rwanda unveils 3-year ambitious development plan

Rwanda unveils 3-year ambitious development plan

70% of Rwandan households with access to electricity 100% of Rwandan households must have access to clean water 72% Rwandans must have access to financial services Cut poverty to less…

Rwanda’s president orders for cooperative bank

Rwanda’s president orders for cooperative bank

President Kagame has ordered Trade and Industry Minister to establish a cooperatives bank as soon as possible. The President made the immediate order in response to a seemingly emotional request…

Rwanda food prices hurting, despite agriculture’s meager contribution to GDP

Rwanda food prices hurting, despite agriculture’s meager contribution to GDP

KIGALI-Rwanda— Rwanda is experiencing a slight increase in food prices and other consumer commodities, the national institute of statistics (RNIS) has announced.  Overall Rwanda annual prices increased by…

Rwandan banks growing exponentially, but not taped into abundant opportunities

Rwandan banks growing exponentially, but not taped into abundant opportunities

KIGALI-RWANDA-Rwanda’s banking sector, regarded as a virgin industry, recorded modest profits in the first quarter of 2014, thanks to a cash-hungry economy recovering from the 2013…

For Rwanda, more mountain gorillas means more revenues

For Rwanda, more mountain gorillas means more revenues

At the foot of the Virunga Volcanic Mountains, Northern Rwanda, thousands of villagers gather to celebrate the birth of 18 mountain gorilla newborns just meters from the bambooforest up in…

Why Rwanda economy bounced back to strong growth

Rwanda’s economy is expanding at yet another record speed. It has returned to strong growth in the first quarter of 2014 after slowing down sharply last year. Economic growth…