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Rwanda Builds New Cities To Stop Kigali Population Explosion

Rwanda Builds New Cities To Stop Kigali Population Explosion

Jean Bosco Hakizimana, 40, left his village of Musange in Nyamagabe district, Southern Rwanda in 2008 to earn a living in capital Kigali. The father of three was employed as…

Rwanda Army Bank Records Unusual Profits in Tough Sector

Rwanda Army Bank Records Unusual Profits in Tough Sector

Zigama CSS, a military bank in Rwanda is giving commercial banks a hard run after it announced, last week, that it had registered a net profit of Rwf4.6 billion…

Foreign Investors Rushing to Rwanda After Kagame Reassurance

Foreign Investors Rushing to Rwanda After Kagame Reassurance

Rwanda’s Salesman-In-Chief, Paul Kagame, says tens of foreign investors are increasingly buying into his business pitches. “There are investors who have already come to discuss…

Kagame Says East Africa is Good Bet for Investors

Kagame Says East Africa is Good Bet for Investors

Rwanda’s President Paul Kagame is calling upon investors to tap into East Africa, saying the region is better placed for investment. “East Africa is a good bet…

Bill Clinton Invests in Food Factory in Rwanda

Bill Clinton Invests in Food Factory in Rwanda

Former US President Bill Clinton is involved in a $60 million joint venture that will produce fortified foods in Rwanda and help cut the country’s hurting trade deficit…

Rwandair Buys Airbus Planes to Penetrate Europe, Asia

Rwandair Buys Airbus Planes to Penetrate Europe, Asia

Rwanda’s National Carrier, Rwandair, has purchased two brand new A330s Airbus Planes, which it says will allow East Africa’s fastest growing airline to aggressively penetrate the highly competitive…

How Poor or Rich are Rwandans? Finance Minister Announces Today

How Poor or Rich are Rwandans? Finance Minister Announces Today

Later today at 5:00PM, the Finance Minister, Claver Gatete, will announce whether Rwandans are growing richer or poorer. The Ministry’s Communication Officer, Sam Jean RUBURIKA announced that…

Japan gives Rwanda US$8M for rural water supply

Japan gives Rwanda US$8M for rural water supply

Japan has signed Rwanda US$8.4M (Rwf5.8b) to finance a project of supplying water in rural areas. More than 131,000 people are expected to have access to…

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…

Tony Blair Woos Investors into Corruption-free Rwanda

Tony Blair Woos Investors into Corruption-free Rwanda

Tony Blair, the former UK Prime Minister, says Rwanda is currently attracting lucrative investment deals due to its stance on corruption. Blair made similar remarks at an investment forum in…

IFC Issues $5m Offshore Bond in Rwandan Franc

IFC Issues $5m Offshore Bond in Rwandan Franc

The International Finance Corporation has issued a 3.5 billion Rwandan Franc (US$5m) bond on the Luxembourg Stock Exchange, KTPress has learnt. The bond, not yet, unnamed, mark the…

Kagame Prefers Capital Markets For Investment Finance, Not Aid

Kagame Prefers Capital Markets For Investment Finance, Not Aid

President Paul Kagame says African countries will not succeed economically if the continent does not embrace the spirit of integration and cooperation. “No country on our continent on its…