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30-10-2014 22:52:00 | by: Administrator | hits: 15364180 | Tags:

Investment projects, rising exports and consumption to drive Rwanda’s economic growth, Standard and Poor’s
19-02-2019 | 07:13:30
Standard and Poor’s has affirmed Rwanda at B/B; outlook positive.
Nigeria's CcHUB launches Africa’s first ‘Design Lab’ in Kigali
14-02-2019 | 09:45:00
Nigeria's leading innovation centre, Co-Creation Hub [CcHUB], has officially expanded to Kigali, Rwanda with the launch of the CcHUB Design Lab.
ARED rolls out 20 additional mobile hubs in Uganda and Rwanda
05-02-2019 | 06:58:28
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 and Amadeus extend partnership targeting expansion and enhanced customers’ experience
04-02-2019 | 09:17:22
RwandAir, the national carrier of the Republic of Rwanda, has extended its partnership with Amadeus, a world class passenger service solution.
East African Community lauded for boosting regional economies
04-02-2019 | 07:04:00
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
RwandAir appoints Airline Rep Services as its general sales agent in Australia and New Zealand
25-01-2019 | 06:16:20
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.
AfDB, Rwanda sign €115 million financing agreement for water projects
18-01-2019 | 13:16:14
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
16-01-2019 | 11:42:00
African Infrastructure Investment Managers has acquired through its African Infrastructure Investment Fund 3 a minority stake in BBOXX’s operations in East Africa.
Alibaba trains Rwandan Government officials on enabling a digital economy
16-01-2019 | 05:25:00
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 to start flying to Ethiopia in April
02-01-2019 | 11:50:00
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.
[Column] Phyllis Wakiaga: How the EAC bloc can leverage its market
21-12-2018 | 13:04:00
This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state.
Rwanda, World Bank sign $150 million deal to expand access to housing finance
21-12-2018 | 06:47:17
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.
East African bloc commits to make regional trade cheaper, faster and simpler
14-12-2018 | 15:19:14
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.
[Rwanda] IFC supports I&M Bank Plc to grow small business access to finance
06-12-2018 | 07:25:00
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.
[Rwanda] BK Group PLC cross-lists on Nairobi Securities Exchange
04-12-2018 | 08:28:00
BK Group PLC has cross-listed on the Nairobi Securities Exchange (NSE) becoming the first Rwandan company to tap into the Kenyan Capital Market.
Norway commits $3million to market initiative for East Africa farmers
03-12-2018 | 12:28:32
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.
Rwanda, Netherlands sign €22 million agreement to support water initiatives
26-11-2018 | 14:36:00
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.
East African countries to attract private tourism investments
22-11-2018 | 07:28:00
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.
East Africa the fastest growing region in Africa, ECA
21-11-2018 | 08:08:00
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
Power tariffs, Asian imports take a toll on East Africa cement market, report
20-11-2018 | 10:15:00
The East Africa cement market reached a volume of 14.4 Million tonnes in 2017.
Self-actualization through education in Rwanda - CHANCEN International makes it possible
20-11-2018 | 10:00:00
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, World Bank sign $125 million deal to support expansion of electricity
19-11-2018 | 06:20:00
Rwanda and World Bank have signed a $ 125 million Development Policy Operation credit agreement to support a fiscally sustainable expansion of electricity services.
DP World, Rwanda government unveils East Africa’s first inland dry port hub
14-11-2018 | 08:41:00
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.
Innovation, integration key for Rwanda to attain Vision 2050, study
13-11-2018 | 13:20:00
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 signs agreement with Rwanda to develop Kigali Innovation City
09-11-2018 | 14:02:00
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
08-11-2018 | 09:36:19
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.
KenolKobil to acquire 33 retail outlets from Delta Uganda and Rwanda
08-11-2018 | 06:46:16
Oil marketer Kenol Kobil has acquired 33 service station from each of Delta Petroleum Uganda and Rwanda by asset sale.
Rwanda, World Bank sign $20 million agreement to support public financial management reforms
08-11-2018 | 06:39:16
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.
Solar mini grids re-energize rural Rwandan economy
05-11-2018 | 13:07:00
The number of enterprises have doubled in the village of Gitaraga, Rwanda, since MeshPower’s solar mini-grid was set up last May.
Boomplay and Universal Music Group form distribution partnership in Africa
05-11-2018 | 08:41:00
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.
Rwanda Government, Alibaba Group enter agreements to promote economic development
05-11-2018 | 04:50:00
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.
Greenlight Planet rolls out largest expansion in Rwanda
01-11-2018 | 13:54:25
Greenlight Planet, the global player in solar home energy products has completed a shipment of an order of 50,000 Sun King™ Home Systems for Ignite Rwanda project.
Rwanda Revenue Authority receives $1.5m from TMEA to upgrade Electronic Single Window
01-11-2018 | 10:12:50
Rwanda Revenue Authority (RRA) and TradeMark East Africa (TMEA) has signed a financing agreement worth $1.57 Million. This marks the start of the second phase of the Rwanda Electronic Single Window (RESW).
[Kenya] CMA approves cross-listing of first Rwandese Company on bourse
01-11-2018 | 08:02:00
The Capital Markets Authority (CMA) has granted approval for the cross-listing by introduction of Bank of Kigali Group Plc (BK), a holding company of Bank of Kigali Plc, BK Insurance, BK Capital and BKTecHouse, on the Nairobi Securities Exchange (NSE).
Rwanda, Alibaba partner to launch electronic world trade platform hub
01-11-2018 | 07:27:50
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 electronic world trade platform hub in Rwanda.
AIMS launches novel masters in machine intelligence, a first in Africa
17-10-2018 | 06:36:54
The African Institute for Mathematical Sciences (AIMS) launched its African Masters in Machine Intelligence (AMMI) at its AIMS Rwanda Campus in partnership with Facebook and Google.
Rwanda, AfDB sign €229m loan agreement to finance electricity projects
16-10-2018 | 11:56:00
The Government of Rwanda has signed a €229.20 million funding agreement with the African Development Bank to support the country’s program to improve electricity supply and expand access to electricity.
EgyptAir to launch two new routes to Rwanda and Cameroon
16-10-2018 | 09:05:00
EgyptAir will launch two new routes in the African continent as of the end of January 2019. The new routes are to Kigali, Rwanda and Douala, Cameroon.
Louise Mushikiwabo is elected Secretary General of La Francophonie
15-10-2018 | 05:04:00
Minister of Foreign Affairs of the Republic of Rwanda, Louise Mushikiwabo, has been appointed the new Secretary General of La Francophonie.
Everest accelerates blockchain tech in Nigeria, Rwanda and Kenya
11-10-2018 | 11:04:00
Everest, a biometry-based, value transfer company, and 1000 Alternatives, a leader in social impact development, have announced a new partnership created to accelerate blockchain innovation and spur economic development in Kenya, Nigeria and Rwanda.
Andela appoints Clément Uwajeneza as Country Director for Rwanda
10-10-2018 | 09:43:00
Andela has announced the appointment of Clément Uwajeneza as Country Director for Rwanda. Clement joins Andela with an illustrious career in the ICT sector in Rwanda that includes over a decade of experience establishing and leading organizations that have built digital products reaching over one million Rwandans monthly.
Peter Mathuki appointed acting Executive Director of EABC
09-10-2018 | 13:30:30
East Africa Business Council, EABC, has appointed Hon. Peter Mathuki as the acting Executive Director following the resignation of Ms. Lilian Awinja.
EALA pushes for green initiatives among member states
09-10-2018 | 06:06:00
East Africa Legislative Assembly is adding its voice to the debate on greening the environment.
Diversified exports, agriculture boost Rwanda’s economy, IMF
04-10-2018 | 06:22:23
An International Monetary Fund (IMF) staff team has completed the review of the 10th Rwanda Policy Support Instrument (PSI) supported program.
Ampersand to start electric motorcycle taxi services trials in Rwanda
03-10-2018 | 06:42:07
After two years of research and development, Ampersand, an electric vehicle company has announced plans to begin trials of its electric motorcycle taxi (e-Moto services in Rwanda.
AfDB injects $266 million into Rwanda’s electricity expansion project
02-10-2018 | 12:13:04
The African Development Bank has approved a loan of $266 million to support Rwanda’s program to improve electricity supply reliability and expand access to electricity.
[Rwanda] Liquid Telecom supports startups with cloud based services
02-10-2018 | 06:10:35
Pan-African telecoms group Liquid Telecom is supporting young entrepreneurs at the Westerwelle Startup Haus Kigali through its high-speed internet and cloud-based services.
Rwanda, World Bank sign $26 million agreement to boost agriculture
26-09-2018 | 08:59:15
The Government of Rwanda and the World Bank Group have signed $26.3 million grant agreement to increase agricultural productivity, market access, and food security of the targeted beneficiaries in the project areas.
Rwanda, Japan sign $24m deal to improve electricity distribution
24-09-2018 | 07:38:28
The Government of Rwanda and Japan International cooperation Agency (JICA) have signed a financing agreement worth $ 24 million to support the third phase of rehabilitation of substations and electricity distribution network.
Rwanda and Germany sign €42 million agreement to support job creation
21-09-2018 | 12:50:00
The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana and the Ambassador of the Federal Republic of Germany to Rwanda Dr. Peter Woeste, have signed a financing agreement worth €42 million.
[Rwanda] Blockbonds introduces airtime purchase via Spenn app
19-09-2018 | 06:04:00
Norwegian fintech company Blockbonds has announced that in addition to the current features, users will now be able to purchase airtime in Rwanda directly from the SPENN app.
Aurecon appoints Graça Sim-Sim country manager for Rwanda
18-09-2018 | 08:20:00
Global engineering and infrastructure advisory company Aurecon has appointed Graça Sim-Sim as its Country Manager for Rwanda.
The Carlyle Group completes acquisition of Abacus in East Africa
17-09-2018 | 09:32:00
Global alternative asset manager The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences, Abacus, a pharmaceutical company in East Africa.
Political will in Ethiopia, Rwanda transforms agriculture, AGRA report
05-09-2018 | 11:55:59
Majority of African countries are struggling to follow the lead of Asian countries in using agriculture to spark widespread economic growth because they have yet to marshal strong political support for agriculture.
MIGA seeks to grow investments and partnerships in Kenya and Rwanda
05-09-2018 | 09:32:00
S.Vijay Iyer, Vice President and Chief Operating Officer of the Multilateral Investment Guarantee Agency, MIGA, the political risk insurance arm of the World Bank Group – is set to visit Kenya and Rwanda.
AU deploys Election Observation Mission to Rwanda
30-08-2018 | 09:34:00
The Chairperson of the African Union Commission, H.E. Moussa Faki Mahamat has approved the deployment of an African Union Election Observation Mission (AUEOM) in Rwanda as the country prepares to hold Parliamentary Elections from 2 to 4 September 2018.
Clarke Energy to provide gas engines for two power plants in Rwanda
30-08-2018 | 07:08:00
Symbion Power has named Clarke Energy as the preferred bidder for two important power plants in Rwanda, which will generate power from dissolved biogas from deep below Lake Kivu.
Join the African Green Revolution Forum Investor DealRoom
24-08-2018 | 13:09:00
The Forum will be held in Kigali, Rwanda on 5-8 September 2018
Rwanda, Italy sign bilateral air service agreement
22-08-2018 | 09:28:00
The Government of Rwanda and the Italian Republic have signed a Bilateral Air Services Agreement with the aim of enhancing commercial flight operations between the two countries.
Alibaba offers e-commerce training to Rwandan universities
21-08-2018 | 12:27:59
In its quest to train the next generation of global entrepreneurs Alibaba Business School has unveiled a program tailored to educators in Rwanda.
BBOXX pilots off grid internet in Rwanda
21-08-2018 | 06:45:55
BBOXX, a next generation utility, has launched a pilot to provide internet access for communities in Rwanda.
Hapag-Lloyd invests in growing East African market
17-08-2018 | 08:19:26
Multinational German-based transportation company Hapag-Lloyd has continued to focus on the growing market in East Africa.
Rwanda Aviation Authority, IATA partner to improve aviation safety
15-08-2018 | 11:47:52
The International Air Transport Association (IATA) and the Rwanda Civil Aviation Authority (CAA) have signed a Memorandum of Understanding (MoU) to partner for the improvement of aviation safety.
Social Venture Challenge unveils emerging African social entrepreneurs
15-08-2018 | 09:25:56
Fifteen teams of a total of 32 emerging African social entrepreneurs have been selected as winners of the 2018 Resolution Social Venture Challenge.
ImpalaPay Kenya and PesaChoice Rwanda complete pilot on blockchain
13-08-2018 | 12:10:00
ImpalaPay Kenya and PesaChoice of Rwanda have successfully concluded pilot test of cross-border mobile money transfer on the stellar blockchain.
Standard and Poor’s revises Rwanda’s outlook to positive
13-08-2018 | 07:29:32
Standard and Poor’s (S&P), a corporate and sovereign rating agency has revised Rwanda’s outlook to positive from stable and maintained the rating at “B/B” for long and short-term.
Rwanda bets on property tax to boost local manufacturing
06-08-2018 | 11:15:00
Rwanda Parliament has passed the law determining the sources of revenue and property of decentralized entities, commonly known as Property tax.
Telcos in Rwanda seeking cross-network mobile money transfer approval
03-08-2018 | 06:47:00
Telcos in Rwanda are seeking mobile money interoperability approval from the relevant regulator in the country.
Are you an agribusiness seeking funding and/or investment?
02-08-2018 | 07:24:12
Africa Green Revolution Forum pulling together stakeholders in the agricultural landscape, will host a Dealroom connecting investors with business owners
Rwanda, UN sign $630 million second development assistance plan
02-08-2018 | 06:50:12
The Government of Rwanda and One UN Rwanda have signed the second United Nations Development Assistance Plan for Rwanda 2018-2023 (UNDAPII)
AIMS, Google, Facebook launch African Master’s in Machine Intelligence
31-07-2018 | 11:46:00
Today the African Institute for Mathematical Sciences announces the launch of a one-year intensive African Master’s in Machine Intelligence in partnership with Facebook and Google.
[Rwanda] Andela launches tech hub for software developers in Africa
25-07-2018 | 06:08:23
Andela, the company building high-performing engineering teams with Africa's most talented software developers, has launched a pan-African technology hub in its fourth African market: Kigali, Rwanda.
Rwanda and India discuss strengthening bilateral ties
25-07-2018 | 06:03:00
President Kagame has held bilateral talks with Indian Prime Minister Narendra Modi and his delegation. The Premier has been in Rwanda on a visit aimed to strengthen further bilateral ties between Rwanda and India.
Africa50 gets equity investment from Kenya, Rwanda becomes shareholder
23-07-2018 | 10:22:00
President Uhuru Kenyatta of Kenya announced in Nairobi that his country would double its shareholding in pan-African infrastructure investment platform Africa50, increasing its current investment to US$100 million.
Felipe Jaramillo appointed World Bank Country Director for Kenya
19-07-2018 | 13:02:00
Mr. Felipe Jaramillo has been appointed as the new World Bank Country Director for Eritrea, Kenya, Rwanda and Uganda, effective July 1, 2018.
UAE Exchange rebrands its Africa operations as Unimoni
13-07-2018 | 06:10:00
UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, has announced the rebranding of its Africa operations as “Unimoni”.
Volkswagen launches local assembly and car sharing in Rwanda
05-07-2018 | 06:52:37
The Volkswagen brand is expanding its engagement in Africa: It has recently started its Integrated Mobility Solutions in Rwanda that includes local vehicle assembly, innovative mobility services and a sales and service retail outlet.
East Africa leaders laud Kenya’s progress on Standard Gauge Railway
27-06-2018 | 06:40:00
Kenya’s progress in the construction of the Standard Gauge Railway (SGR) has earned praise from regional Heads of State who now want Uganda, Rwanda and South Sudan to follow suit.
A new leadership and management program for managers in Uganda
26-06-2018 | 06:18:00
Amani Institute is launching the Amani Leadership and Management for Impact program (ALMI) in Uganda.
Rwanda’s economy registered 10.6% growth in first quarter of 2018
19-06-2018 | 13:28:21
Rwanda’s economy expanded by 10.6% in the first quarter of 2018, where GDP at current market prices was estimated at Frw 1,985 billion, up from Frw 1,816 billion in the previous year.
NAS and RwandAir partner to provide premier lounge services
13-06-2018 | 06:27:57
National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets, has announced a joint venture agreement with Rwanda’s national flag carrier, RwandAir.
Rwanda, World Bank sign $100 million agreement to support agriculture
05-06-2018 | 08:08:00
The Government of Rwanda and the World Bank Group have signed a $100 million credit agreement to improve the capacity of selected national public agricultural institutions.
I&M Bank Rwanda unveils mobile banking app
04-06-2018 | 09:23:00
I&M Bank Rwanda Ltd has unveiled SPENN, a free mobile banking app covering both personal and business accounts.
MTN leverages employee volunteerism programme to empower youth
01-06-2018 | 14:55:00
Thousands of MTN employees in 21 markets across Africa and the Middle East have launched the company’s annual employee volunteerism programme,
Rwanda and Korea sign $6 million to develop effective taxation system
01-06-2018 | 13:54:00
The Government of Rwanda and the Korea International Cooperation Agency have signed a financing agreement worth $6 million for and Development of Taxpayer Relationship Management System.
IFC invests $10 million in I&M Bank Rwanda to support small business growth
29-05-2018 | 08:04:00
IFC, a member of the World Bank Group, has announced a $10 million subordinated loan to I&M Bank Rwanda to strengthen the bank’s capital base.
Rwanda ratifies African Continental Free Trade Agreement and the African Passport
28-05-2018 | 11:32:00
Rwanda is the third member state to ratify the AfCFTA, after Ghana and Kenya, and the first to do so as far as the Protocol on Free Movement of Persons and the African Passport is concerned.
Germany invests $34 million in Rwanda’s decentralization, TVET and private sector
28-05-2018 | 09:04:00
Dr. Uzziel Ndagijimana, the Minister of Finance and Economic Planning and the Ambassador of Germany to Rwanda Dr. Peter Woeste, have signed the new agreement on technical cooperation for a 3-year period of cooperation between both countries.
South Korea ready to share its technological and industrial revolution experience with Africa says President Moon Jae-in
24-05-2018 | 13:59:00
South Korean President Moon Jae-in has committed to sharing Korea’s technological and industrial experience with Africa and to help it compete in the 4th Industrial Revolution.
Broadband Systems Corporation launches iDirect network to expand broadband service across Africa
23-05-2018 | 05:56:00
VT iDirect, Inc., iDirect, a company of Vision Technologies Systems, Inc. has announced that Broadband Systems Corporation has selected the iDirect platform to expand its enterprise Very Small Aperture Terminal services throughout Africa.
Fitch affirms Rwanda's economy at B+ with a stable outlook
18-05-2018 | 11:40:41
Fitch Ratings has affirmed Rwanda’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable Outlook.
Apex Biotech Ltd to invest $18 million for a new drug plant in Rwanda
17-05-2018 | 10:59:43
Apex Biotech Ltd, a pharmaceutical manufacturing firm will open an $18 million drug plant in Rwanda.
[Rwanda] New technology platform to help farmers access loans faster
17-05-2018 | 09:40:00
The Smart Nkunganire System will ensure that farmers comply with recommended best farming practices – such as quality and quantity of agro-inputs – to qualify for the loan; leading to higher quantity and better quality of the harvest.
German Businesses in Civil Security Technologies and Services to explore opportunities in Uganda and Rwanda
17-05-2018 | 09:12:00
AHK Services Eastern Africa Ltd, the service company of the Delegation of German Industry and Commerce in Kenya (AHK Kenya), in conjunction with the German- African Business Association (Afrika-Verein) is organizing a business delegation trip to Uganda and Rwanda.
[Rwanda] MeshPower launches solar minigrid targeting households and businesses
16-05-2018 | 11:30:52
Renewable energy company MeshPower has launched a solar mini-grid in Gitaraga village, Bugesera District in Eastern Rwanda.
KT completes construction of nationwide LTE network in Rwanda
15-05-2018 | 07:29:00
South Korea’s largest telephone company KT Corp. has completed the construction of the national LTE network of Rwanda, the first in Africa by the South Korean mobile operator.
Emergency services alert App wins Miss Geek Africa 2018
10-05-2018 | 12:29:00
Salissou developed a mobile phone application called 'Saro App' that allows people to alert emergency services and inform them of the itinerary to take to reach the location.
Rwanda almost achieves nationwide 4G LTE network coverage
10-05-2018 | 11:18:00
KT Rwanda Network announced to complete 4G LTE network coverage to more than 95%
Kagame advocates for regional cooperation on technology for Africa
08-05-2018 | 09:49:00
President Kagama cited an example of the telecommunications sector which he said could reduce costs and improve efficiency through integration.