Eastern Africa Grain Council, EAGC, has unveiled an online platform that will allow Rwanda grain and cereal farmers easy access to regional market information.
A rising number of non-performing loans has seen the Central Bank of Rwanda announce new measures that will see it work closely with financial institutions as it seeks to strengthen its monitoring and supervisory roles.
German carmaker Volkswagen (VW) and the Government of Rwanda have are in the final details of signing an agreement that will see the former set up an assembly plant in Rwanda to start making environment-friendly cars.
Regional retail solutions provider Nakumatt Holdings has opened its 64th branch in Kigali, Rwanda. The new Nakumatt Kagugu Supermarket covering a shop floor space of more than 5,000square feet and located at Merez Centre Kagugu now pushes the retailer’s branch footprint in Rwanda to 3 branches.
MTN Rwanda and Engen have entered into a partnership that will allow motorists pay their fuel using mobile money.
The U.S. African Development Foundation (USADF) in partnership with CITI Foundation has announced awards of $200,000 in grant funding to 20 young, East African social entrepreneurs developing businesses for social and community change
RwandAir’s Chief executive officer, John Mirenge has been elected president of the African Airlines Association (AFRAA) for 2017 replacing Ripton Muzenda, the CEO of Air Zimbabwe who has held the position for the last one year. AFRAA is a trade association of airlines from African Union
Pay TV and equipment vendor StarTimes has slashed the prices of television sets as it seeks to deepen penetration. StarTimes Africa chief executive officer Jess Jing said the firm seeks to support efforts aimed at deepening access to television in the country.
Namibia tops African countries featured in Global Entrepreneurship Index; Rwanda, Botswana, South Africa fall closely behind
The inaugural Ashish J Thakkar Global Entrepreneurship Index measures entrepreneurial environments around the world and assesses each of its 85 countries against a set of criteria that spans policy, infrastructure, education, entrepreneurial environment and finance.
Development Bank of Rwanda and Germany Development Bank launch $9 million facility for export oriented firms
The Development Bank of Rwanda (BRD), and Germany Development Bank (KfW) have launched a $9 million Export Growth Facility to support export-oriented firms.
Crystal Telecom has appointed Iza Irame as chief executive officer replacing Vincent Gatete at the helm of the first local private company to list on the Rwanda Stock Exchange. Crystal Telecom is a special purpose vehicle that owns 20 per cent of MTN Rwanda.
The Bank of Kigali has made appointments in management as it seeks to tap into new blood and experience to realize its ambitions.
Rwanda’s national carrier RwandAir has received a certification from International Air Transport Association (IATA) confirming safety of its ground operations. IATA’s Safety Audit for Ground Operations (ISAGO) is a standard and structured audit programme for ground service providers and was modeled on the success of IATA Operational Safety Audit (IOSA), according to John Mirenge, the chief executive of RwandAir.
Telecommunication service provider MTN Rwanda has unveiled a mobile money payment platform that uses Near Field Communication in its latest drive to promote cashless economy in the country.
Rwanda Energy Group’s subsidiary The Energy Utility Corporation Limited (EUCL) has embraced technology as it looks to winning over more customers through efficiency and transparency.
Mobile telecommunication company MTN Rwanda has unveiled a month long campaign to woo customers to embrace cashless economy through mobile money.
The Private Sector Federation (PSF), working with the chamber of Rwandan farmers has started a trade mission to Congo Brazzaville to market its local products.
The Eastern Africa Grain Council (EAGC) Rwanda, the body that represents players in the grain value chain is rooting for more training and sensitization on rules of origin policies between regional blocs to ensure local traders understand them to benefit from the proposed Tripartite Free Trade Area (TFTA).
Rwanda national carrier RwandAir has announced it will start flying to Gatwick, London’s busiest airport by 2017 as it looks to grow its customer base.
[Rwanda] Government sets eyes on increased private investment in agribusiness with new land information system
A land information system has been launched to increase smallholder farmers’ income by promoting private sector investment.
Mastercard and Guaranty Trust Bank Rwanda Ltd (GTBank Rwanda) are building on their long-standing partnership in Rwanda by introducing a suite of digital payment solutions, aimed at extending the demand for safe and convenient payment solutions.
Rwanda will host the 20th African Securities Exchange Association (ASEA) in November, Rwanda Stock Exchange (RSE) officials have said.
An aircraft carrying livestock from the Republic of Ireland that will be distributed as donation to Rwandans arrived in Kigali on Tuesday.
Competition on the Accra- London route is set to intensify as RwandAir prepares to ply the route by 2017.
Rwanda’s capital city, Kigali, will play host to the third edition of the African Export-Import Bank Annual Customer Due Diligence and Corporate Governance Forum scheduled to hold from 26 to 27 October, 2016, Afreximbank has announced in Cairo.
Plans are at an advanced stage for a strategic partnership between Ethiopian Airlines and RwandAir comings months after Rwanda national carrier picked Ethiopian Airlines as its future strategic partner.
Atlantis Microfinance has launched an electronic system that seeks to harmonize agri business operations across the value chain while seeking to promote financial inclusion.
The Rwanda Standards Board RSB, has launched a campaign meant to stem rising cases of fake and substandard building materials that have been infiltrating the local market in the recent past.
Rwanda is counting on the upcoming third annual energy summit to sell the country to world investors.
A broadcasting cooperation agreement between Rwanda and China has given China a cheaper and rewarding platform for the Rwandese films to find their way into the Chinese markets.
Mastercard, Bank of Kigali and RwandaOnline help Rwanda leapfrog into the digital economy through e-commerce
Mastercard, Bank of Kigali and RwandaOnline today announced at the technology company’s Innovation Forum in Budapest, Hungary a partnership to launch Irembo– an online payment solution in Rwanda powered by Mastercard Payment Gateway Services
RwandAir has acquired an Airbus 330-200 becoming the first country in East Africa, as it looks to expanding its wings globally.
Telecommunication company Tigo has made two key appointments in the technology and human resource departments as it seeks to improve services to its customers.
Rwanda’s farmer owned coffee marketing company Rwanda Small Holder Specialty Coffee Company (RWASHOSCCO) has launched an online coffee auction as it trains eyes on growing demand for its produce from key markets in Europe.
As the world reacts to news of the recall of Samsung Galaxy Note 7 mobile phones following reports of the device exploding during or after charging, Rwanda’s National carrier RwandAir has banned the device on its flights.
Rwanda has scored another first by launching a digital library that avails over 800 digital books making it possible for users to access digital material without having to physically visit the facility.
Rwanda’s bank Banque Populaire du Rwanda (BPR) is introducing a new initiative targeting local exporters with ease of accessing credit as it seeks to promote the country’s exports.
The winners of the East African round of the 2016 All Africa Business Leaders Awards in Partnership with CNBC Africa (AABLA) were announced at the Kigali Convention Centre (KCC) during an elegant ceremony in Kigali, Rwanda on 8 September.
Rwanda has sought to bring sanity to the gaming industry with a new set of rules meant to come to effect by end year following sustained public outcry.
Credit rating agency Standard & Poor’s (S&P) has lifted Rwanda’s sovereign credit outlook from negative to stable, now grading it at B.
The potential gains to be made from the rapid growth of the African digital economy cannot be overstated. An estimated 360 million mobile devices, $75billion in annual e-commerce sales and a $300billion internet-driven boost to GDP is forecast by 2025.
A pan African advocacy group is setting up a $200 million fund that will enable women access to finance while creating investment opportunities with a view to roping in more women into employment.
Rwanda is set to boost its local textile market following the signing of a deal between the Ministry of Trade and Industry and two companies to construct a garment and footwear factory in the Kigali Special Economic Zone, KSEZ.
As Rwanda’s Capital Market Authority looks at instilling professionalism and harnessing development of capital markets, it has signed a memorandum of understanding with Chartered Institute for Securities and Investment (CISI) on the implementation of a qualifications-led licensing programme for the capital market industry.
The government of Rwanda has signed a deal with Mota Engil Engenharia e Construcao Africa, a Portuguese firm in sectors of civil construction, port operations and logistics to commence construction of the highly anticipated Bugesera International Airport.
A renewable energy project is set to boost the government of Rwanda’s efforts to increase access to electricity for its people at a time when there has been an unprecedented demand for energy across households and industries.
Rwanda’s leading brewer Brasseries et Limonaderies du Rwanda (Bralirwa) has launched the first of its kind locally brewed beer brand with low content as it seeks to sate changing preferences
Victor Madiela has been appointed the managing director and vice chairman of the board of directors of Rwanda’s biggest brewer Bralirwa.
The insurance sector in East Africa is receiving a major boost with the adoption of common regulatory standards that supervises cross border activities of insurance firms.
Plans to collapse all savings and credit cooperative organizations, SACCOs, in Rwanda into a cooperative bank are nearing completion with a view to offering centralized and improved services to members.
A Korean company is investing $5.1 million in Rwanda’s silk production in a partnership with the country’s National Agriculture Export Board that is meant to boost the sericulture industry
The Rwanda Standard Board is introducing new standards guidelines on processing of banana beer and wine as it seeks to bring sanity to a sector whose substandard processing, unsuitable content and packaging are putting consumers at risk and hindering the beer makers from accessing international markets
A Mauritius investor has received the nod from the government of Rwanda to construct a sugar processing factory with a capacity to produce 100,000 tonnes of sugar yearly
A new hotel has been opened on the Byerwa Peninsula in Rwanda as the country looks to tap into growing tourism numbers.
The East African region has been hailed as a magnet for investors both local and beyond. What with good climate, huge investment in infrastructure, a burgeoning middle class with an affinity for spending and a thriving work force. It is truly a cocktail of incentives for any investor
Local microfinance bank, Letshego Rwanda is counting on mobile and e banking platforms to deepen financial inclusion, days after it re branded.
Business Development Fund, an independent government entity, established in collaboration with the Development Bank of Rwanda, has entered into an agreement with 450 microfinance institutions
CET Rwanda has relinquished MTN outsourced call centers to ISON BPO Rwanda as the firm seeks to concentrate on improving service delivery and customer experience.
A new mobile application that seeks to boost how bank customers has been launched in Rwanda as competition to appease and entice customers turn to technology.
On 25 July 2016, the African Development Bank and the Government of Rwanda signed a financing agreement amounting to UA35.9 million (USD 50.200 million) to finance the third phase of the Skills, Employability and Entrepreneurship Programme III
This short survey is part of a major research project undertaken by Rotterdam School of Management at Erasmus University (The Netherlands) in collaboration with ESAMI and the Netherlands African Business Council.
Kenya’s recently rebranded bank Sidian Bank has announced that it has $20 million that it intends to lend to medical service providers through a partnership with Medical Credit Fund
Olleh Rwanda Networks, a wholesome 4G network owned by the Rwandan government and Korea Telecom has rebranded as it seeks to extend its footprints from the country to the rest of Africa
Over 100 businesswomen in Kenya and Rwanda are set to explore opportunities and challenges in business between the two countries in a first of its kind trade forum slated for July 25.
Rwanda’s ministry of youth and ICT has partnered with Chinese technology firm China ComService to bolster ICT uptake in the country while tapping the use of technology to grow the economy and create employment
Informal employment has been fueling tax evasion through nonpayment of income tax with the hospitality and construction sectors in Rwanda being the biggest culprits according to Rwanda taxman’s compliance survey
Over 10,000 Rwanda tea farmers will now be able to access their earnings on phone without delays thanks to a digital payment solution launched by Tigo Rwanda, the first of its kind in Rwanda.
Rwanda national carrier RwandAir has announced plans to start flights to Mumbai India by December this year as it seeks to tap into new markets and weather growing competition in the industry.
As banks in Rwanda looks to more ways of growing their customer portfolio, technology has come in handy while assisting them cut the cost of doing business.
Bank of Kigali says it will invest part of its annual operations budget in supporting efforts by a local non-profit environmental conservation organisation to plant one million trees in Nyagatare District as part of activities to mark 50 years this December, since it was incorporated in 1966.
In a move meant to increase efficiency and reach more customers with quality services, leading online sales platforms in Rwanda, Kaymu, Lamudi and Hellofood have rebranded to Jumia with their networks now into one system.
When Rwandan President Paul Kagame visited Coca-Cola’s Atlanta headquarters in 2013, Chairman and CEO Muhtar Kent promised to reciprocate with a trip to the fast-growing African nation when the company had established an EKOCENTER there.
The global video gaming industry has been on an upward trajectory recording billions in earnings every year, and as Rwanda now records impressive internet literacy and penetration thanks to an internet explosion a new crop of young IT savvy Rwandese are positioning themselves to earn from the multi-billion trade.
Bank of Kigali (BK) has scooped the Best Bank in Rwanda accolade in the 2016 Banker Africa Awards for the East Africa region.
RwandAir, the national flag carrier of the Republic of Rwanda is pleased to announce the successful renewal of theIOSA certification with the enhanced IOSA process under the IATA – IOSA registry valid from June 13th 2016 until June 13th 2018. RwandAir’s first certification was obtained in June 2014.
The MasterCard Center for Inclusive Growth commits up to $1 million over the next three years to advance economic growth and financial inclusion in Rwanda. This was announced by Raghu Malhotra President, Middle East and Africa for MasterCard at the World Economic Forum on Africa (WEF) in Kigali.
Being invited to attend the ACET inaugural Africa Transformation Forum was somewhat of an honour for me. It was a chance to mingle with key policy decision makers in Africa’s rich continent, from institutions like the IMF, AU and World Bank to NGOs like USAID and Ministry parastatals.
The 'High 5s' - the African Development Bank's top five priorities for Africa - came through loud and clear when two of the Bank's Governors discussed the economic state of the continent at the World Bank-IMF Meetings in Washington, DC on Friday.
DFASS Group, the world’s largest global in-flight duty free specialty retailer is expanding its African operations under a new relationship with RwandAir, the flag carrier of the Republic of Rwanda...
Aviation stakeholders will meet in Kigali, Rwanda from 07-09 May 2016 at the 5th Aviation Stakeholders Convention
Economic transformation happens through a positive change in the mind-set of the people, said Rwanda's President Paul Kagame when he addressed delegates on the second and final day of the African Transformation Forum (ATF) in Kigali, Rwanda.
ATF seeks to build a Coalition for Transformation in Africa, addressing key economic development themes.Rwanda will host the inaugural African Transformation Forum (ATF). The Forum is jointly organized by the African Center for Economic Transformation (ACET), one of Africa's leading think tanks, and the Government of Rwanda.
Dates for the second Aviation Africa event have been announced with the venue being named as Kigali, the capital city of Rwanda, recently named by United Nations as Africa's prettiest city.
Botswana has said that the founding members of the Gaborone Declaration for Sustainability in Arica (GDSA) group of governments have to work on more African countries to sign up to the initiative
Matthew Weihs, Managing Director of Bench Events is the face behind some of world's prestigious events in hotel, hospitality and tourism investments. The Africa Hotel Investment Forum(AHIF) and the Arabian Hotel Investment Conference(AHIC) are just a few of the world-class international gatherings hosted by Bench Events. In this interview with ABC,Matthew Weihs shares his journey as well as details of the upcoming hotel&aviation conference, AVIA-DEV:
AviaDev Africa, a unique platform bringing together airlines, airports, hotel and hospitality investors for the first time, is being launched this year in Rwanda.
Kigali Marriot Hotel staff joined Kanyinya sector residents in Nyarugenge District to plant more than 500 trees on the hills of Taba. The exercise was in line with environment protection and took place last Saturday during Umuganda (community work).
The National Seed Association of Rwanda (NSAR) has been launched by the Minister of Agriculture and Animal Resources, Geraldine Mukeshimana.
Rwanda and Uganda are the first East African countries to become members of Africa Finance Corporation (AFC), a leading development finance institution for infrastructure projects in Africa.
RwandAir will become the fourth African airline to choose SITAONAIR as its connectivity provider. RwandAir has two A330s, both of which will be line fitted with mobile phone and Wi-Fi services.
Africa’s largest online hotel booking platform Jovago.com has announced a partnership with the Rwandair, Rwanda Airlines company.
RwandAir, the national carrier of the Republic of Rwanda is one of the fastest growing airlines in Africa. It is committed to operating at international safety standards and its safety records are at the highest levels in the industry.
Liquid Telecom Rwanda today announced that its FTTH service is now available to homes and businesses in Kigali
Ericsson envisions a networked society in which connectivity is the starting point for new ways of innovating, collaborating and socialising.
In yet another exciting development in mobile money innovation, MTN Rwanda, the country’s telecommunications leader has announced that it has opened its corridor with Safaricom in Kenya.
RwandAir, the national flag carrier of the Republic of Rwanda, has signed a firm contract with Airbus for an A330-200 and a larger A330-300, at a signature ceremony in Kigali, Rwanda.
The Global Competitiveness Report 2015-2016by the World Economic Forum assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity.
India’s Bharti Airtel has entered into a partnership agreement with Econet-owned Liquid Telecom to use the latter’s terrestrial fibre network to connect its mobile base stations and enterprises.
[Rwanda] Meles Zenawi Foundation holds inaugural symposium on the African Democratic Developmental State
The Meles Zenawi Foundation in partnership with the African Development Bank (AfDB) and the Government of Rwanda is holding its inaugural symposium on August 21, in Kigali, Rwanda, under the theme “The African Democratic Developmental State.”
Kenya and Burundi’s 2014 foreign direct investment grew significantly, pushing the overall regional [FDI] inflows past the $7 billion mark.