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Rwandan Cooperatives Still Looking For Investor

Rwandan Cooperatives Still Looking For Investor

Almost a year after President Paul Kagame promised to give a bank to members of the Rwandan Cooperatives, the process for its establishment still hangs in balance. Members have told…

Kagame Breaks the Ice on Why Africa Fails

Kagame Breaks the Ice on Why Africa Fails

President Paul Kagame says Africa is missing an opportunity to utilize intra-African trade and raise enough investment to replace foreign aid. “We are missing an opportunity in our…

Rwanda’s Budget for 2015-2016 Out

Rwanda’s Budget for 2015-2016 Out

Rwanda’s Finance Minister, Claver Gatete, has just presented Rwanda’s budget to a joint plenary session of members of parliament and senators. His total budget for fiscal…

Rwanda Needs More Cement Than Ever Before

Rwanda Needs More Cement Than Ever Before

  Rwanda has become a regional hotspot for cement producers. Cimerwa, a local cement producer has failed to meet the demand, thus giving room for neighbouring cement manufacturing giants to…

Why Investors Are Hungry For Rwandan Stocks

Why Investors Are Hungry For Rwandan Stocks

Rwanda capital market is experiencing a rapid growth as evidenced by investors’ thirst for acquiring stakes in local and government bonds. A few weeks ago, Kenya’s Equity…

Rwanda Builds New Cities To Stop Kigali Population Explosion

Rwanda Builds New Cities To Stop Kigali Population Explosion

Jean Bosco Hakizimana, 40, left his village of Musange in Nyamagabe district, Southern Rwanda in 2008 to earn a living in capital Kigali. The father of three was employed as…

Rwanda Army Bank Records Unusual Profits in Tough Sector

Rwanda Army Bank Records Unusual Profits in Tough Sector

Zigama CSS, a military bank in Rwanda is giving commercial banks a hard run after it announced, last week, that it had registered a net profit of Rwf4.6 billion…

Foreign Investors Rushing to Rwanda After Kagame Reassurance

Foreign Investors Rushing to Rwanda After Kagame Reassurance

Rwanda’s Salesman-In-Chief, Paul Kagame, says tens of foreign investors are increasingly buying into his business pitches. “There are investors who have already come to discuss…

Kagame Says East Africa is Good Bet for Investors

Kagame Says East Africa is Good Bet for Investors

Rwanda’s President Paul Kagame is calling upon investors to tap into East Africa, saying the region is better placed for investment. “East Africa is a good bet…

Bill Clinton Invests in Food Factory in Rwanda

Bill Clinton Invests in Food Factory in Rwanda

Former US President Bill Clinton is involved in a $60 million joint venture that will produce fortified foods in Rwanda and help cut the country’s hurting trade deficit…

Rwandair Buys Airbus Planes to Penetrate Europe, Asia

Rwandair Buys Airbus Planes to Penetrate Europe, Asia

Rwanda’s National Carrier, Rwandair, has purchased two brand new A330s Airbus Planes, which it says will allow East Africa’s fastest growing airline to aggressively penetrate the highly competitive…

How Poor or Rich are Rwandans? Finance Minister Announces Today

How Poor or Rich are Rwandans? Finance Minister Announces Today

Later today at 5:00PM, the Finance Minister, Claver Gatete, will announce whether Rwandans are growing richer or poorer. The Ministry’s Communication Officer, Sam Jean RUBURIKA announced that…