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Rwanda, IFC planning bond on London Stock Exchange

Rwanda, IFC planning bond on London Stock Exchange

Roads network will consume Rwf128.3 billion, while access to clean water in the capital Kigali and other areas of the country will consume Rwf34.2 billion. The International Finance…

MTN’s Shares Paralyse Rwanda’s Stock Market

MTN’s Shares Paralyse Rwanda’s Stock Market

The Initial Public Offer (IPO) issued by Crystal Telecom has left a vacuum at the Rwanda Stock Exchange as subscribers rush to buy into MTN-Rwanda’s shares. Crystal…

Struggling Regional Manufacturers Press Governments For Support

Struggling Regional Manufacturers Press Governments For Support

Manufacturers from the East African Community are pressing governments of member states with demands to facilitate the struggling sector. “We want more work done by our governments to provide rich…

American Investor Pumps $2 Billion In Lucrative Rwandan Firms

American Investor Pumps $2 Billion In Lucrative Rwandan Firms

Two American investors have invested over $2 billion in Rwanda to save thousands of local enterprises struggling to access capital at even a higher interest rate. Working through a locally…

Rwanda Coffee Aggressively Penetrates European Market

Rwanda Coffee Aggressively Penetrates European Market

Rwanda has intensified marketing efforts aimed at helping the country’s coffee penetrate the European market. Since May 15, Rwanda featured among over 100 coffee producers promoting specialties at…

MTN-Rwanda Initial Shares to be Sold at Rwf105

MTN-Rwanda Initial Shares to be Sold at Rwf105

KT Press has obtained leaked details regarding the much awaited Crystal Telecom IPO as shown in the following table below. KT Press could not reach Crystal Ventures, but we spoke…

Dam On Sale Amidst German-Rwanda Dispute

Dam On Sale Amidst German-Rwanda Dispute

Rwanda has been losing a whooping 272 megawatts of energy every month for the past one year following a lengthy dispute between a local company and a foreign heavy machinery…

Europe Samples Rwandan Coffee at Amsterdam Festival

Europe Samples Rwandan Coffee at Amsterdam Festival

Europe is now able to sample Rwanda’s high quality coffee at the ongoing festival in Amsterdam in The Netherlands.  The event (May 15-17) has been organised by the…

Water Bills Payment Made Easier

Water Bills Payment Made Easier

Rwanda’s Water and Sanitation Corporation (WASAC) on Friday signed a deal with a local bank, Compagnie Générale de Banque (Cogebanque) to introduce an automated billing system for…

Rwanda Issues $14.5m Bond, As Market Continues To Grow

Rwanda Issues $14.5m Bond, As Market Continues To Grow

The central bank of Rwanda has announced it will on May 27, issue a treasury bond worth $14.5 million (Rwf10 billion), with a 10 years tenor. The bond, expected…

BRD Receives $30m To Finance Development Projects

BRD Receives $30m To Finance Development Projects

Rwanda’s Development Bank (BRD) signs a $30 million deal todayaimed at financing Rwanda’s Energy, Agriculture and Manufacturing sectors. KT Press has learnt that the deal will also finance…

Starbucks Places High Price on Rwandan Premium Coffee

Starbucks Places High Price on Rwandan Premium Coffee

Rwanda will this year fetch more than $3 million from 14,400 bags of Arabica coffee sold to U.S. coffee retail giant Starbucks Corporation, it has emerged in Kigali…