Sub-Saharan Africa’s economic growth is set to recover in 2021 but the path to overcoming the long-lasting effects of COVID-19 pandemic will be difficult unless vaccination is given priority, International…
Business & Tech
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Rwanda and Germany have signed €78 million (Rwf90billion) agreement to support decentralization, good governance, exports promotion and technical education (TVET) among other initiatives. The financing and technical cooperation agreements was…
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Technology
Rwanda’s E-mobility firm Gets $3.5m Investment, Plans Regional Expansion
by Daniel Sabiiti 11:58 pmRwanda’s e-mobility company, Ampersand has closed a private investment in electric mobility which will enable the company to increase more electric motorcycles (e-motos). Ampersand Rwanda assembles electric motorbikes in Rwanda…
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Technology
Defining Artificial Intelligence, the Ericsson’s Way
by Todd Ashtonby Todd Ashton 5:28 pmThe Industrial revolution has always got a boost and a common denominator that takes it to the next level and today, Artificial Intelligence(AI) is the main driver which is here…
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The Kigali Amendment to the Montreal Protocol was signed in Kigali in 2016 where signatories successfully penned the historic agreement that sought to avoid up to 0.5°C of global warming…
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Zigama Credit and Savings Society (ZIGAMA CSS) has announced a net profit of 13.7 Billion for the 2020 financial year. It is an increase from 11 Billion recorded as net…
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Economy
Application Open for 2021 Africa’s Business Heroes Prize Competition
by Marcellin Gasana 5:50 pmThe “Africa’s Business Heroes” (ABH) prize competition, the Jack Ma Foundation’s flagship philanthropic program spotlighting and celebrating Africa’s entrepreneurial talent, opened applications for its third annual edition. The program in…
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Companies
Bank of Kigali Registers Rwf38.4billion in Profits, Plans Post COVID-19 Recovery
by Daniel Sabiiti 4:41 pmBank of Kigali Group PLC has registered a Rwf38.4billion of profit after tax, an increase of 3.0% y-o-y; with Return on average assets and Equity reaching 3.3% and 16.0% respectively for the…
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Technology
Teachers Urged To Be Gender Sensitive During Tech Courses
by Williams Buningwire 12:25 pmThe local tech experts have urged teachers to be gender-sensitive to be able to help female students while conducting tech practical lessons because some of them are reluctant due to…
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Rwanda Stock Exchange has said Cimerwa PLC reported a net profit of Rwf1.95billion but faced a drop in earnings per share down -43% as a result of due to difficult times…
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Economy
Relief As Nyarugenge Launches Suspended Bridge Accross Yanze River
by Williams Buningwire 2:42 amAs the rainy season worries communities from either side of rivers who lose their right to connect due to floods that are becoming a common trend, communities on two sides…
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The Government of Rwanda has announced plans to increase incentives for manufacturers as part of a wider plan to boost an economic recovery for the private sector that was hit…