The Renewable Energy Performance Platform (REPP) has topped up Rwanda's existing convertible loan to mini-grid developer ARC Power by £300,000, bringing the total commitment to £900,000.
Despite the lockdown to control the spread of COVID-19, Rwanda has not witnessed disruption in the supply of seeds to farmers, according to the Ministry of Agriculture and Animal Resources.
The World Bank approved a $100 million International Development Association (IDA) supplemental financing for the Third Rwanda Energy Sector Development Policy Operation (DPO).
The African Development Bank Group announced the debarment of Sinotec Company Limited, an energy solutions company registered in China, for fraudulent practices in East Africa.
RwandAir has resumed cargo flights to Guangzhou, China, after a suspension of passenger flights in March due to the Covid-19 pandemic.
Tigo Tanzania, has launched a service that allows all Tigo Pesa customers to send and receive cash on their mobile money wallets from M-PESA in Kenya, MTN in Uganda and MTN and Airtel in Rwanda.
The World Bank approved $14.25 million International Development Association (IDA) credit in immediate funding to support Rwanda’s response to the global COVID-19 pandemic
The the International Monetary Fund (IMF) approved the disbursement of $109.4 million to be drawn under the Rapid Credit Facility (RCF) to meet Rwanda’s urgent balance of payment needs stemming from the outbreak of COVID-19 pandemic.
The Rwandan government, in partnership with American billionaire, Howard Buffet has inaugurated a $54 million irrigation scheme in Nasho Sector of Kirehe District.
Liquid Telecom Rwanda, part of the pan-African telecoms group Liquid Telecom, has launched Liquid Home, affordable super-fast broadband.
The Mastercard Foundation Centre for Innovative Teaching and Learning in Information, Communications, and Technology (ICT) has announced the first 12 African EdTech startups for its first cohort.
According to the 2018 data published by the National Institute of Statistics of Rwanda, cassava is the second most grown crop after banana in terms of cultivated area.
ENGIE Africa has successfully accelerated the Access to Energy (A2E) strategy that it launched in 2018 through the development of its three A2E off-grid energy solution companies: Fenix International, ENGIE Mobisol, and ENGIE PowerCorner.
Qatar Airways is in talks to acquire a 49 per cent stake in state-owned RwandAir.
French multinational energy utility company ENGIE has announced the five credit scoring startups that will pitch on the Africa Startup Summit at the Africa Tech Summit in Kigali.
The first-ever Startup Guide Africa Series 2020 is looking for entrepreneurs, innovators, accelerators, experts and co-working spaces.
TRIOMF East Africa in collaboration with dairy farmers in Gicumbi District, Northern Province of Rwanda are set to establish a 38m (Rwf37 billion) powder milk processing plant.
Clément Uwajeneza is leading the Rwandan arm of Andela's international organization of software engineers in Africa. Africa Business Communities has a brief chat with him.
In Rwanda people consume a lot of beans. Rwanda has one of the world's highest per-capita rates of bean consumption and they are grown throughout the country.
The World Bank, International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA announced the issuance of its first bond denominated in Rwandan franc (“RWF”).
African Solutions Private Ltd (Afrisol), a Zimbabwean firm which has been investing in Rwanda over the past two years, has bought off the 98.3% shareholding in Burera Diary Limited from the Rwanda Government.
The African Export-Import Bank has signed a term sheet with Made In Africa Inc. to provide the company with a $190-million facility to finance the acquisition of African Fabric Holdings BV, Netherlands, also known as Vlisco Group.
Bank of Kigali, Plc the largest bank in Rwanda has deployed Oracle ERP and HCM Cloud; enhancing customer experience, automating their workforce and driving innovation throughout the financial institution.
Andela has announced that applications for its 5-months program, StackUp, is open for aspiring and entry-level engineers in Kigali, Rwanda.
The International Development Secretary pledged new UK aid support to build the African cities of the future, so the continent can continue to thrive and reach its economic potential.
Solynta and the Rwanda Agriculture and Animal Resources Development Board (RAB) have announced an expansion in their collaboration.
RwandAir customers could now save from their ticket purchases due to a new partnership with Optiontown.
IFPRI has partnered with the Ministry of Agriculture and Animal Resources (MINAGRI) in creating the new Rwanda Agricultural Policy Analysis and Capacity Development Program.
The United Nations WFP welcomed a contribution of £3 million from the United Kingdom to help save the lives of over 60,000 Burundian refugees in Mahama camp in eastern Rwanda who had faced ration cuts this month.
JUA Technologies International, a Purdue University-affiliated startup developing solar-powered crop-drying devices, is partnering with BrazAgro Ltd., a supplier of Brazilian farm machinery, to distribute its solar-drying tray.
The Australian Centre for International Agricultural Research (ACIAR) has launched a new project in six countries in East Africa to improve common bean varieties and provide shorter cooking time
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.
2017, as Thomas Mbonihankuye remembers it, was “a very disorganised year.” His farming community, Rusizi in western Rwanda, along with others across the country, experienced a devastating harvest.
In the drought-prone district of Bugesera, south-east of Rwandas’s capital city Kigali, 24 year old Peruth Tuyishime is one of six farming group members working on a one hectare farm.
The International Institute of Tropical Agriculture, IITA, Rwanda, together with partners, has launched a digital Application which will serve more than 5,000 farmers across the country.
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.