The African Development Bank and partners officially launched the Affirmative Finance Action for Women in Africa (AFAWA) Risk Sharing Facility at a press conference held during the 2019 Global Gender Summit in Kigali, Rwanda.
The Development Bank of Southern Africa (DBSA) and the Development Bank of Rwanda (BRD) hosted the DBSA Rwanda Investment Summit last week in Kigali as part of promoting infrastructure development in Africa.
Rwanda's President Paul Kagame launched a high tech smartphone factory in the country's capital Kigali, the first of its kind in Rwanda and Africa.
Rwanda’s Clarisse and Patricia from Côte d'Ivoire named among world seven top advocates for women in tech, e-commerce
The tech and e-commerce industry remains a male-dominated playing field globally, but a surge in women demanding a seat at the table – and delivering the goods online – means that this could change.
The Director-General of the OPEC Fund for International Development (the OPEC Fund) Dr Abdulhamid Alkhalifa has signed a US$20 million loan agreement to support water and sanitation infrastructure in Rwanda.
Rwanda Development Board has announced a strategic partnership with the Mastercard Foundation under the Hanga Ahazaza initiative at a World Tourism Day event.
Regional low-cost carrier Jambojet has received approval from the Rwanda Civil Aviation Authority to start flights to Kigali.
Royal Philips and PURE have highlighted a unique tele-ultrasound mentorship program to provide much needed diagnostic ultrasound training to health workers in Rwanda.
The European Commission has announced €34.275 million in humanitarian funding to help the most vulnerable people in the Great Lakes region in Africa.
Andersen Global has announced a collaboration agreement with MRB Attorneys in Rwanda. The addition of the Kigali-based firm marks the 16th country with a presence in Africa for Andersen Global.
Clinton Foundation, AIF extend partnership to reduce hunger, support livelihoods in Malawi and Rwanda
The Clinton Foundation announced an expansion of its partnership with AIF to help source soybeans from farmers in Malawi that supports farmers’ livelihoods, strengthens local agricultural economies, and makes progress toward Zero Hunger.
Bayer creates EUR 20 million social innovation ecosystem fund to spur entrepreneurship for African smallholder farmers
The Bayer Foundation launched its new EUR 20 million Social Innovation ecosystem fund by awarding EUR 3 million to four pioneering social innovators - myAgro, Mercy Corps, Path and Living Goods.
Following a competitive bidding process, the African Green Revolution Forum (AGRF) Partners Group unanimously agreed and announced that the Republic of Rwanda will host the AGRF 2020.
ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions.
The World Bank and the Government of Japan announced a new Africa-focused initiative aimed at advancing the goals of the Human Capital Project, a global effort to accelerate more and better investments in people.
Rwanda Development Board (RDB) and Africa50 have signed a Joint Development Agreement (JDA) to further the development of the Kigali Innovation City (KIC) project.
Standard and Poor’s (S&P) Global Ratings has raised its long-term sovereign credit rating on Rwanda to 'B+' from 'B'.
Amsterdam-based impact enterprise NOTS Solar Lamps has signed a deal with the Government of Rwanda to accelerate the provision of electricity to the lowest income families in the country.
The Next Einstein Forum has announced its third Class of NEF Fellows, 25 strong scientists, all under 42 years, whose research and innovations are contributing to solve Africa's and the world's most pressing challenges.
Resilience must be boosted in Africa in response to climate change, according to participants at the high-level Africa Food Security Leadership Dialogue hosted by the Government of Rwanda in Kigali.
The Government of Rwanda and the World Bank have signed a $200 million financing agreement to improve teacher competency and student retention and learning in basic education.
Pests, which threaten to destroy key cash and food security crops including maize, tomato and beans, are to be prioritized as part of an integrated pest management strategy using state-of-the-art space-age technology.
BBOXX has unveiled a new initiative which marks a major stride towards tackling the global clean cooking crisis and reducing greenhouse gas emissions.
From intercropping, mulching to relying on indigenous knowledge, smallholder farmers in East Africa are developing resilient techniques to insulate themselves from changing weather patterns at a time when studies show they will be among the most affected in years to come.
Rwanda’s mobile industry has joined forces with the GSMA to drive mobile internet adoption and increase digital literacy in the country.
Benjamin Manirafasha is the founder of Iris Hub, an incubation and innovation center that is using technology to address youth unemployment in Rwanda.
Akagera Aviation and Nexus, a Saudi Arabian aviation training company, have signed a joint venture agreement that will upgrade Akagera’s aviation training wing to a fully-fledged academy.
Bank of Kigali Plc has selected Temenos, the banking software company, to power its digital transformation journey in order to support its regional growth plans and realize its financial inclusion objectives.
The operational phase of the African Continental Free Trade Area, AfCFTA has been launched after a day-long summit of Heads of State and Government of the African Union (AU) in the Nigerien capital.
Regional countries are set to increase market access for their agricultural products following the commencement of a new capacity building project.
NOTS Solar Lamps announces $70 million investment in solar home systems manufacturing and retailing in Rwanda
NOTS Solar Lamps - an impact enterprise - and the Government of Rwanda have announced a landmark deal that will accelerate the provision of electricity to the lowest income families in the country.
About 7,167 poor and food insecure rural households in Rwanda will benefit from a new $24.7 million project that aims to improve food and nutrition security.
The U.S. Trade and Development Agency (USTDA) has awarded a grant to SEACOM for a feasibility study to evaluate the market for fiber telecommunications services in Kenya, Tanzania, Uganda, and Rwanda.
Vivo Energy, the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda.
The Angolan Government has signed two Memoranda of Understanding for strengthening cooperation in the field of Telecommunications and Information Technology with Rwanda and the Kingdom of Sweden.
Six COMESA countries have so far signed the Commitment towards establishment of a single African Air Transport Market.
Rwanda Private Sector Federation receives $2.2 million from TMEA to support private sector and women entrepreneurs
TradeMark East Africa and Rwanda’sPrivate Sector Federation have announced a new public private sector dialogue for trade and investment programme and support to women entrepreneur’s programme.
Rwanda and China have signed a $42.8 million agreement to finance the expansion and rehabilitation of 10 km Prince house- Giporoso- Masaka road.
In a move to boost the newly-approved African Continental Free Trade Agreement (AfCFTA), South Africa will be participating in a meeting of African Ministers of Trade in Ethiopia.
Russia and Congo have signed the intergovernmental agreement of the cooperation in the peaceful uses of atomic energy.
Yvette Uwimpaye is the founder and CEO of Murukali, one of Rwanda’s pioneer e-commerce startups
Through this initiative, Africa50 will crowdsource innovative solutions to help increase access to high-speed internet in under-served areas in Africa.
RwandAir, the national carrier of the Republic of Rwanda has announced that it will commence direct flights to Tel Aviv, the economic and technology center of Israel, from its Kigali hub starting from 25th June 2019.
The Inter-University Council for East Africa has completed the process of selection of Incubation Centers to be hosted at four of the Africa Centers of Excellence.
Nigerian e-health start-up iDHS HealthWise is looking to expand operations across Ghana, Kenya, Rwanda and South Africa as it seeks to increase access to various healthcare service
MafAfrique, Cheza Rwanda Games to invest $8 million in developing regulated online betting markets in Rwanda and other African countries
MafAfrique has announced that it has partnered with Rwandese investors under a joint venture agreement to establish Cheza Rwanda Games.
Kaspersky Lab has announced plans to open a new office in Kigali, Rwanda, to support the rapid growth of its business in East Africa.
Société Pétrolière Ltd,SP, the East Africa mid and downstream oil company, has installed eight Liquified Petroleum Gas storage and cylinder filling plants across Rwanda.
RwandAir, the flag carrier of the Republic of Rwanda, has announced that it will commence flights to Guangzhou, the provincial capital of Guangdong and the third largest city in China, effective 18th June, 2019.
[Column] Kevin O’Neil, Chukwudi Onike: Rwanda demonstrates the power of digital government to boost an economy
In a few days, thousands of people from around the world will converge in Kigali to attend the Transform Africa Summit.
Société Pétrolière opened of a new concept of coffee shops, "Brioche On-The-Go!", in partnership with Brioche a network of Bakeries and Cafés in East Africa, starting with Rwanda.
Sub-Saharan Africa construction activity is forecast to grow across the region, despite a number of significant risk factors that threaten to limit economic growth in the region accordin to Mace’s latest Market report.
With the tenth-fastest growing economy in the world this year, Kenya is in the midst of a transformative period of economic growth and advancement.
The Capital Market Authority, Rwanda (CMA Rwanda) announced that it has formed a partnership with the UKAID funded Financial Sector Deepening Africa (FSD Africa) to strengthen Rwanda’s Capital Markets.
Clinton Foundation, CIMMYT partner to improve access to climate-resilient maize seed in Eastern and Southern Africa
The Clinton Foundation and the International Maize and Wheat Improvement Centre (CIMMYT) are launching a partnership to improve access to and availability of climate-resilient maize varieties in Eastern and Southern Africa.
The African Legal Support Facility has provided advisory services support to the Government of Rwanda for the negotiation of its deal with Symbion Power to develop a $200-million-dollar energy plant in Rwanda.
TradeMark East Africa and Rwanda Standards Board partner in a $1 million food safety and trade project
TradeMark East Africa (TMEA) has committed to fund Rwanda Standards Board (RSB) with $ 1 Million in support of projects that will enhance food safety and trade.
UK-based social impact investor AgDevCo has closed a $3 million mezzanine loan with Minimex Limited, a maize milling company.
Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive.
One hundred and sixty young women have begun a month-long coding class on two Nigerian campuses under a new programme to give African youth digital skills for the work force.
Africa Healthcare Network has over the years worked to change the landscape of renal care and education in Sub-Saharan Africa through the provision of dialysis services, education of clinicians and patients.
The Rwanda Ministry of Trade and Industry (MINICOM) and TradeMark East Africa (TMEA) have announced the official completion of Rusizi and Rubavu Cross Border Markets.
Online marketplaces could raise incomes and boost inclusive economic growth with minimal disruption to existing businesses and workforce norms in Africa.
Liquid Telecom selects Nokia to deploy upgraded channel network in East Africa for expanded broadband services
Liquid Telecom Kenya, part of the pan-African telecoms group Liquid Telecom, and Nokia have announced a two-year partnership to upgrade their existing fiber network.
Rwandan President, Paul Kagame and Globacom's Executive Vice Chairman, Mrs Bella Disu, have initiated discussions on the use of digital technology to help the march towards economic prosperity in Africa.
The European Investment Bank, the long-term lending institution of the European Union, and Bank of Kigali have agreed their largest ever cooperation to support new business investment across Rwanda.
The Government of Rwanda and The Arab Bank for Economic Development in Africa have signed a concessional loan agreement worth 20 million to finance rural electrification project.
[Kenya] Banking industry enhances payments efficiency with automated direct debits and foreign currency clearing
The banking industry through the Kenya Bankers Association has completed three key projects to increase efficiency of the Automated Clearing House.
Investment projects, rising exports and consumption to drive Rwanda’s economic growth, Standard and Poor’s
Standard and Poor’s has affirmed Rwanda at B/B; outlook positive.
Nigeria's leading innovation centre, Co-Creation Hub [CcHUB], has officially expanded to Kigali, Rwanda with the launch of the CcHUB Design Lab.
Rwanda’s 4G wholesale model seemed like a good idea when it was first conceived. But it hasn’t been working, and should be scrapped
ARED has completed the assembly of an order of 20 kiosks designed and produced by Tec-Solute GmbH in Karlsruhe, Germany, to supplement the company’s operations in Uganda and Rwanda.
RwandAir, the national carrier of the Republic of Rwanda, has extended its partnership with Amadeus, a world class passenger service solution.
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
The Airline Rep Services a General Sales Agent (GSA) company division of CVFR Travel Group has been appointed to represent RwandAir for the region of Australia/New Zealand.
The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and Sanitation Programme.
African Infrastructure Investment Managers acquires stake in BBOXX as it expands to off-grid solar market
African Infrastructure Investment Managers has acquired through its African Infrastructure Investment Fund 3 a minority stake in BBOXX’s operations in East Africa.
Alibaba has this week trained delegates from the government of Rwanda on enabling a digital economy in a four-day workshop dubbed the New Economy Workshop.
RwandAir, the national carrier of the Republic of Rwanda has announced that it will commence flights to Addis Ababa, the capital city of Ethiopia, in April 2019.
This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state.
The government of Rwanda and the World Bank Group have signed a $150 million International Development Association credit agreement to expand access to housing finance.
Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda have agreed to make trade between them and with other countries cheaper, faster and simpler.
IFC, a member of the World Bank Group, has signed a two-year $500,000 advisory project with I&M Bank (Rwanda) Plc. to expand access to finance for small and medium enterprises.
BK Group PLC has cross-listed on the Nairobi Securities Exchange (NSE) becoming the first Rwandan company to tap into the Kenyan Capital Market.
The Government of Norway has announced its contribution to the Farm to Market Alliance, a global private-sector led initiative with the aim to make markets work better for smallholder farmers.
The government of Rwanda and Netherlands have signed Memorandum of Understanding for additional financing grant worth €22 million to support Integrated Water Resources Management Program.
A two-day Ad-Hoc Expert Group Meeting being held in Kigali is seeking to explore avenues through which financing for tourism development in the Eastern Africa region could be sustained.
With an average growth rate of 6.7% between 2013 and 2017 - double the African average - East Africa is one of the fastest growing regions in the world, accompanied by rapid social improvements
The East Africa cement market reached a volume of 14.4 Million tonnes in 2017.
CHANCEN International invests in the education costs of students in Rwanda. They can concentrate on their education while our community helps them achieve their goals.
Rwanda and World Bank have signed a $ 125 million Development Policy Operation credit agreement to support a fiscally sustainable expansion of electricity services.
Global port operator DP World and the government of Rwanda have setup a state-of-the-art logistics hub, located 20 kilometers from the capital city Kigali.
A joint study launched by the Government of Rwanda and the World Bank Group has identified four essential and interdependent drivers of future growth – innovation, integration, agglomeration, and competition.
Africa50, the pan-African infrastructure investment platform, has signed an agreement with Rwanda to develop and finance a “Digital Innovation Precinct”, including commercial and retail complexes, as part of Kigali Innovation City.
Rwanda Development Board, TradeMark East Africa sign $2.4 million deal to build local business capacity
The Rwanda Development Board (RDB) and TradeMark East Africa (TMEA) have signed an agreement that aims to help build the capacity of Rwandan businesses to tap into international and regional markets.
Oil marketer Kenol Kobil has acquired 33 service station from each of Delta Petroleum Uganda and Rwanda by asset sale.
The Government of Rwanda and the World Bank Group have signed a $20 million credit agreement to improve budget reliability and control of funds for service delivery, enhance budget transparency.
The number of enterprises have doubled in the village of Gitaraga, Rwanda, since MeshPower’s solar mini-grid was set up last May.
Boomplay, African music streaming and download service and Universal Music Group (UMG) have today announced the signing of a landmark licensing agreement covering multiple markets within Africa.
Rwandan President Paul Kagame and Alibaba Group Executive Chairman Jack Ma have witnessed the signing of three Memoranda of Understanding between the Rwandan Government and Alibaba establishing an lectronic world trade platform hub in Rwanda.