Browsing Category:
Sub Categories: Companies, Economy, Markets, Technology
Rwanda Lights Highway to DRC to Boost Trade

Rwanda Lights Highway to DRC to Boost Trade

Rwanda has switched on road lights along the 180KM highway connecting the capital Kigali to the border with DR Congo. Of the 180KM Kigali-Rubavu highway, about 114KM are currently…

Rwanda’s central bank maintains lending rate at 6.5%

Rwanda’s central bank maintains lending rate at 6.5%

Rwanda’s central bank maintains its key repo rate at 6.5% and promises to tie inflation between 2% and 2.5% from now until end of March 2015…

Rwandan Investors Collectively Raise $450m

Rwandan Investors Collectively Raise $450m

In 2006, President Paul Kagame counseled members of the private sector to pool scattered resources together and venture into sizeable investments and benefit the economy. The idea is mainly aimed…

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…

‘Made in Rwanda’ Aims to Capture Global Markets

‘Made in Rwanda’ Aims to Capture Global Markets

Rwanda is intensifying efforts to brand locally produced products aimed at enhancing its export base and balance the nagging 75% trade imbalance. Through ‘Made in Rwanda’ initiative, government wants to…

Rwanda Cuts Fuel Prices by Rwf 65

Rwanda Cuts Fuel Prices by Rwf 65

Rwanda on Wednesday announced a surprising cut on fuel prices by Rwf65 ($0.09), to Rwf895 per litre of both petrol, diesel and kerosene, down from current Rwf960 per litre…

Business on boom at refurbished Rwanda airport

Business on boom at refurbished Rwanda airport

Silas Udahemuka, the Director General of Rwanda Civil Aviation Authority, is now, possibly, the happiest man in town. He earned his Christmas gift after impressing President Paul Kagame with the…

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…