Economy

The Ministry of Infrastructure has officially launched the Institute of Quantity Surveyors in Rwanda (RIQS) which will enable the government to properly implement construction projects and account for value for…

The cabinet meeting chaired by President Paul Kagame last night appointed Itzhak Fisher as the new chairman of Rwanda Mines, petroleum and gas board (RMB). Fisher is an Israeli businessman…

The Saudi Fund for Development (SFD) and Government of Rwanda have signed an agreement to finance an electricity project that will connect 60,000 households in Southern and Northern Provinces of…

The Rwanda Parliament has approved $100 million loan for the Economic Recovery Fund (ERF) to support the recovery of businesses hard hit by the COVID-19 pandemic. The fund is specifically…

 A national non-profit, Women for Women Rwanda (WfW-R) has hosted its annual Finance Fair event to expose women micro-entrepreneurs to business opportunities and pitch their startups for capital. This year’s…

 Rwanda Development Board (RDB) has proposed a draft bill that will allow the organization to seek a special status, flexibility to lobby for big deals with a new organizational structure…

Rwanda has joined the United Kingdom (UK) developing countries trading scheme (DCTS) which seeks to cut tariffs on products entering the UK from 65 countries. The market of an estimate…

Leaps in the Fintech sector have seen growth creating 300,000 jobs in the last ten years and this industry growth is expected to reach $1.5trillion in 2030. While the sector…

President Paul Kagame and President Hakainde Hichilema have committed to supporting financial technology (Fintech) in Africa but also asked that the current opportunities presented by the sector should be rolled…

Rwanda has reviewed downward or completely removed import tax on several goods, ranging from cars, shoes, to food stuffs among others, to respond to effects of COVID-19 pandemic that were…

The Ministry of Finance has tabled the budget for fiscal year 2023/2024 which include key projects that will drive economic and social development targets in key areas. Presenting the budget…

The first East Africa Pharma and Biotech Conference has opened in Kigali, with Rwanda getting new investment opportunities in the pharmaceuticals and vaccines manufacturing industry. The two-day conference which opened…