Kigali has become the focal point of discussions on artificial intelligence as the inaugural Global AI Summit on Africa kicks off, bringing together over 1,6000 leaders, innovators, and policymakers to…
Economy
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Economy
Inside Rwanda’s Plan to Cultivate 100,000 Hectares Without Plowing
by Simon Kamuzinzi 2:19 pmFor generations, Rwandan farmers have relied on the traditional practice of plowing the land before planting crops. But what if the secret to better harvests wasn’t in turning the soil,…
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Business & TechEconomy
Rwanda’s Digital Savings Boosted With A New Tunzi Application
by Daniel Sabiiti 2:43 pmA newly launched mobile-based savings application is set to transform Rwanda’s saving culture by offering seamless, technology-driven solutions that encourages individuals or groups to consistently and voluntarily save based on…
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Economy
Rwanda’s Mining Sector Employment Surges Beyond Pre-COVID19 Levels
by Stephen Kamanzi 2:32 pmThe mining sector in Rwanda has not only recovered from the disruptions caused by the COVID-19 pandemic but has surged to new heights, surpassing pre-pandemic employment levels. This progression reveals…
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Economy
Reflecting on 2024: Bank of Kigali’s Contribution to Business and Community Growth
by KT Press Staff Writer 11:57 amWith a 21.8% year-on-year increase in net income and continued expansion across SME, retail, agribusiness, and corporate lending, Bank of Kigali remains at the forefront of fueling national development. Kigali,…
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Economy
Rwanda Sees Record Travel Balance of Payment Surplus of $215m
by KT Press Staff Writer 8:13 pmRwanda’s tourism sector is experiencing significant growth, with new data confirming a consistent increase in the surplus generated by travel services over the past three years. This positive trend highlights…
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This is a statement from Government about the latest ranking by Moody’s. STATEMENT ON MOODY’S RATING UPDATE ON RWANDA Rwanda acknowledges the affirmation of a B2 rating by Moody’s, reflecting…
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Economy
PRESS RELEASE: One Acre Fund Rwanda Launches 2025 Tree Seed Systems & Carbon Market Roundtable to Scale Reforestation and Climate Action
by Jean de la Croix Tabaro 11:49 pmKIGALI, Rwanda, March 21, 2024 – One Acre Fund Rwanda is taking a bold leap forward in its commitment to reforestation and climate resilience with the launch of the 2025…
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Economy
Radiant Unveils E-NSURE App to Revolutionize Rwanda’s Insurance Industry
by Jean de la Croix Tabaro 5:36 pmE-NSURE, Rwanda’s pioneering digital insurance App, has officially launched, marking a significant milestone in the country’s insurance sector. The App is set to digitize how Rwandans purchase and renew their…
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Rwanda’s economy is experiencing rapid expansion, with GDP growing by 8.9% in 2024 to reach Frw 18,785 billion, according to the latest GDP National Accounts, 2024, released this Wednesday, March…
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Rwanda’s 2022 Population and Housing Census has emerged as one of the most accurate in Africa and globally, with an efficiency rating exceeding 90%, according to a new study. The…
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In an era where artificial intelligence (AI) is reshaping economies globally, Rwanda and Kenya have emerged as leaders in AI readiness within the East African Community (EAC), according to study…