Economy

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…

Rwanda is positioning itself as a leading hub for financial technology (fintech) in Africa, with an ambitious goal to create 7,500 jobs and boost investments in the sector to $200…

Rwanda is poised to undergo a transformative energy revolution, with the Government unveiling a bold Rwf 5.2817 Trillion (approx. USD $4 billion) investment plan aimed at powering the nation’s economic…

Rwanda is set to witness significant demographic changes over the next decade to 2032, with projections indicating some worrying growth trends across its provinces. The general growth of Rwanda’s national…

The Rwanda Private Sector Federation (PSF) hosted a diplomatic dinner on Tuesday for a delegation of Saudi business leaders exploring investment opportunities in the country. Led by Hassan Al-Huwaizi, President…

Women Entrepreneurs Shaping Rwanda’s Future From leading manufacturing growth to driving agricultural innovation and influencing trade partnerships, women entrepreneurs are playing a pivotal role in Rwanda’s economic transformation. Findings from…

In the East African Community (EAC), poverty remains a persistent challenge, despite the region’s cultural diversity and natural resources. The 2024 EAC Multidimensional Poverty Index (MPI), published this week by…

Trade Deficit Drops Over 63%, DR Congo Remains Key Export Destination  Rwanda has recorded a significant drop in its trade deficit for December 2024, marking a major milestone in the…

Rwanda is attracting more investment from international businesses, with a significant rise in Foreign Private Capital (FPC) inflows with Mauritius, the United States, and Europe being the biggest drivers of…

Nyagatare District – Rice farmers in Nyagatare District are facing significant losses due to prolonged water shortages caused by the collapse of irrigation infrastructure. Farmers from three cooperatives—CODERVAM, COPRORIKA, and…

Rwanda’s reserves for key food crops rose to an unprecedented level, despite some challenges, according to the recent 2023/2024 Ministry of Agriculture and Animal Resources (MINAGRI) annual report. The total…