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World Bank Loans Rwanda $95m To Reduce Power Cuts

World Bank Loans Rwanda $95m To Reduce Power Cuts

Rwanda on Tuesday got new financing from the World Bank to connect more than 72,000 new homes to national grid – as well as tackle biting power cuts that began…

Egyptian Millionaire Enters Rwanda Housing Industry

Egyptian Millionaire Enters Rwanda Housing Industry

A Qatari-Egyptian real estate company, Almoez Holding Group, has entered the Rwandan market to help fix Rwanda’s housing puzzle. The current housing demand in Rwanda is widening…

Rwanda Signs $150 Million Energy Deal With U.S Firm

Rwanda Signs $150 Million Energy Deal With U.S Firm

Roughly 450 days from now, Symbion Power Lake Kivu Ltd, an American energy corporation, will inject 14 Megawatt  of electricity into Rwanda’s main power grid. By the 1080th…

U.S. Giant Coca-Cola Wants ‘Stevia’ Rare Plant From Rwanda

U.S. Giant Coca-Cola Wants ‘Stevia’ Rare Plant From Rwanda

Rwanda will in next two years start earning about $150 million from a rare plant on high demand by international beverage industries, including the US firm, Coca Cola. Stevia, a…

Rwanda Joins Africa Finance Corporation To Tap More Cash

Rwanda Joins Africa Finance Corporation To Tap More Cash

Rwanda on Thursday attained full membership of the Nigeria-based development financier, the Africa Finance Corporation (AFC) – making it the 12th member, the Corporation announced. The Lagos-based institution…

Kenyan Firm Injects $15 Million Into Rwandan Macadamia

Kenyan Firm Injects $15 Million Into Rwandan Macadamia

Rwandan farmers have a new money making crop, macadamia, which has high potential of improving their lives. The crop, maturing after five years, is raw material for high end nuts…

Dutch Firms Explore Business In Rwanda’s Agriculture

Dutch Firms Explore Business In Rwanda’s Agriculture

A 21-member delegation from The Netherlands has held discussions with Rwanda’s minister of state for agriculture with the aim of exploring investment opportunities in the country&#8217…

No Courts In Any Conflicts Over Lake Kivu – Rwanda And DR Congo Agree

No Courts In Any Conflicts Over Lake Kivu – Rwanda And DR Congo Agree

Rwanda and DR Congo have agreed to share the vast methane gas resources underneath the massive Lake Kivu shared by the two countries. The deal comes after ambitious Rwanda demonstrated…

Rwanda Could Be Dubai’s Next Investment Destination

Rwanda Could Be Dubai’s Next Investment Destination

Rwanda is keen to push for an increase in the volume and quality investments with United Arab Emirates (UAE)-President Paul Kagame said Tuesday. The United Arab Emirates has demonstrated…

Rwanda Auctions Biggest Mining Site, Wants More Investors 

Rwanda Auctions Biggest Mining Site, Wants More Investors 

Rwanda on Wednesday auctioned its largest mining site sitting on 22,000 hectares at Gatumba sector in Ngororero district of Western Province. Four companies have taken over a large portion…

Hopes For Rwanda Cooperative Bank Frustrated

Hopes For Rwanda Cooperative Bank Frustrated

Small and Medium Enterprises have to wait longer to access lower cost funds as plans to operate the much awaited Rwanda’s first cooperatives bank continue to delay. The…

First “Made In Rwanda” Computers In Kigali Stores

First “Made In Rwanda” Computers In Kigali Stores

By Monday morning, November 9, 2015, the first ever “Made in Rwanda” computer will be on the shelves in retail stores in Kigali. “The first bunch of laptops will be…