World Bank and Government of Rwanda sign agreement to enable financially sustainable expansion of electricity services
The World Bank Group and the Government of Rwanda have signed a $125 million Financing Agreement for the First Programmatic Energy Sector Development Policy operation.
The Board of Directors of the African Development Bank (AfDB) has approved US$84.3m loan to finance a Skills and Business Development Programme (SBDP) in Rwanda.
African Legal Support Facility and Connex Support Initiative capacity building to strengthen corporate governance in extractives sector
The extractives sector has witnessed sustained increase in equity participation by governments throughout the African region in recent times.
The Board of Directors of the African Development Bank Group (AfDB) has approved two loans amounting to US$ 171 million to finance Rwanda’s Sustainable Water Supply and Sanitation Program.
The Government of Rwanda has joined the African Access Initiative (AAI), an international public-private alliance addressing Africa’s escalating cancer crisis.
During the first half of the year, Rwanda recorded a low growth rate of 2.9% on average mainly due to low growth of the industry and services sectors as activity in construction recorded a deceleration of -5.5%.
Rwanda has emerged over the past decade as one of Africa's more innovative economies, a new UNCTAD report says.
RwandAir, the national carrier of the Republic of Rwanda has announced that the flight schedule of the Brussels route will become non-stop to Kigali effective 31st October, 2017.
GroFin and USAID East Africa Trade and Investment Hub partner to increase access to finance for East African agribusiness SMEs
GroFin, a development financier which specialises in providing finance and support to small and growing businesses, has received a grant from USAID East Africa Trade and Investment Hub.
From the Africa Hotel Investment Forum (AHIF) in Kigali, Rwanda, Marriott International today announced further expansion plans in Africa with seven new hotel signings.
Today, new technologies including information communication technology (ICT) and e-learning have become the driving force in the education sector in Kenya.
Statesduka.com is the first budget online shopping and shipping website serving Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan.
Digital transformation initiatives in East Africa received a welcome boost as 52 skilled youth graduated from an expanded East African SAP Skills for Africa program.
RESTANCE, Inc has announced a new Chief Executive Officer to lead the Company's East African Economic Development Strategy.
The Minister of Finance and Economic Planning Claver Gatete has expressed confidence that the economy would attain the projected 6.2% growth as a result of positive trends across various sectors.
Symbion and Highland Group sign $100 million equity investment agreement for Rwanda methane gas projects
Symbion Energy and Highland Group Holdings Ltd. (HGHL) have signed an agreement that will see HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power
South African Customs Union and East African Community deliberate on tripartite Free Trade Area market access
South Africa has played host to the 11th bilateral meeting between Trade Ministers of the Southern African Customs Union (SACU) and the East African Community (EAC).
S&P Global Ratings has affirmed its 'B/B' long- and short-term foreign and local currency sovereign credit ratings on the Republic of Rwanda. The outlook is stable.
Pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, has completed 100G upgrades to key routes on the East Africa Fibre Ring.
Rwanda’s economic growth has been slowing down since mid-2016 resulting in a 6percent growth in 2016 and in 4.2 percent annualized growth in the first quarter of 2017.
Over 200 Indian entrepreneurs have expressed interest investing in Rwanda’s various business projects including food processing, renewable energy and ICT.
Databases of some 230 young Indian technologies engaged in more than 26 value chains are ready for acquisition by Rwandan entrepreneurs and business startups, officials have revealed.
Rwanda’s President Paul Kagame has laid the foundation stone of the country’s newest transportation hub, the Bugesera International Airport.
L.E.A.F. Pharmaceuticals LLC, a global pharmaceutical company with a mission to discover, develop and commercialize innovative and safe therapies for cancer has announced the establishment of L.E.A.F. Rwanda Ltd.
RwandAir the national carrier of the Republic of Rwanda has been granted the seventh freedom rights by the Government of Benin.
The Government of Rwanda and Sweden have signed financing agreement worth US$ 7.4 million to support National Employment Program.
SAP Skills for Africa launches East African chapter with participation from Kenya, Rwanda, Uganda, Ethiopia
SAP Skills for Africa has launched its first-ever East African programme at an event held in Nairobi, Kenya.
The Government of Rwanda and the World Bank have signed a $ 120 million to support the expansion of opportunities for the acquisition of quality, market-relevant skills in selected economic sectors.
Farming financing programs set to secure international demand for produce from small farmers in Rwanda and Tanzania
The International Finance Corporation (IFC) and the Global Agriculture and Food Security Program (GAFSP) are launching smallholder farmer financing programs with the United Nations World Food Programme (WFP) to improve food security among vulnerable people in Rwanda and Tanzania.
Frank Balestra is a Canadian who has lived in Africa the better part of the last five years, both in the DRC and Rwanda. This has given him a good understanding of the people, the African culture, the countries and the coltan industry.
Rwanda Minister of Finance and Economic Panning, Claver Gatete and World Bank Country Manager for Rwanda, Yasser El Gammal have signed a $50 million Scaling-Up Energy Renewable Program (SREP) financing agreement.
Mobisol has strengthened its capital base by an additional substantial senior loan facility from Finnfund (Finnish Fund for Industrial Cooperation Ltd.), following an already provided senior loan in 2016
Court declines to stop East African Community member states from signing Economic Partnership Agreement
The East African Court of Justice has declined to grant orders to stop East African Community Partner States which have not signed the European Partnership Agreement (EPA) not to sign the same.
The Government of Rwanda and the United Kingdom through the Department for International Development (DFID) have signed a Development Partnership Agreement for 2 years.
Rwanda and Congo Brazzaville have signed an agreement establishing a framework under which the two countries can cooperate in various areas of interest.
Though the story line on Africa has progressed – it is no longer about “saving” Africa, but how best to promote investments in Africa – there is still work to be done to tackle inaccurate information about Africa that persists in mainstream media.
The African Export-Import Bank has in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade.
Rwanda has recommended the G20 for Compact with Africa, an initiative that supports reliable financial framework in order to increase investment opportunities.
RwandAir, the national carrier of the Republic of Rwanda has enabled Maestro, Discover, Diners and JCB credit cards for online tickets payments.
Rwanda national carrier, RwandAir is set to commence non-stop flights from Kigali to Brussels, in Belgium next month.
Tanzania, Rwanda and Ghana renewable energy projects emerge winners of $7m Access Co-Development Facility competition
Access Power is delighted to announce the three winners of the 2017 US$7 million Access Co-Development Facility.
MTN Group is inviting social media users across Africa and the Middle East to join its employees in a virtual campaign to break down traditional barriers to education.
Rwanda’s telecom industry regulator has fined MTN Rwanda Rwf7 billion (approx. $8.5 million) for running its IT services outside the country in breach of its license.
The World Bank has approved an $81 million International Development Association (IDA)* credit to support Rwanda’s transport sector.
The government of Rwanda and India Export Import Bank have signed a financing agreement worth $ 81 Million to support the establishment of integrated Technical Vocational Educational and Training (TVET) system.
RwandAir, the national carrier of the Republic of Rwanda, is expecting the delivery of another brand new state of the art Boeing 737-800 Next Generation aircraft equipped with in flight connectivity.
Efacec has been chosen by the winning consortium of the international tender launched by the Republic of Rwanda for the construction of three new 200kV substations. These infrastructures are essential to distribute power to the country’s rural areas, such as Rwabusoro, Mamba e Rilima.
Fast growing strategic communications firm KG&A Advertising has secured a partnership with pan African broadcast content provider, Orama Media Group to manage its media space and offer strategic research across Africa for its soon-to-be-launched This Week in Africa business programme.
The Government of Rwanda and Mastercard have reaffirmed their shared commitment to the development of strong digital platforms to meet the needs of the country's citizens and work towards Rwanda's goal of promoting a cashless society.
RwandAir is set to link the Harare and Lusaka route following its recent maiden introduction of the direct flight from Kigali to Harare early in April. The airline will pick and drop passengers from Kigali going to Lusaka via Harare
Agence Française de Développement (AFD) in partnership with Kenya Association of Manufacturers (KAM) held a high level workshop on Sustainable Use of Natural Resources and Energy Finance Programme (SUNREF) East Africa to discuss among other things, the opportunities and challenges of SUNREF since its inception in Kenya in 2011.
Construction of new and modern cross border market facilities worth $2.2 million has commenced in Rusizi at the border of Rwanda and Democratic Republic of Congo (DRC), following the ground breaking ceremony. Hon. Francois Kanimba, the Minister for Trade, Industry and East African Affairs (MINEACOM) presided over the event.
In 2006, The AIDS Healthcare Foundation commenced operations in Rwanda, in collaboration with the government through the Ministry of Health and Rwanda Biomedical Centre (RBC) as part of its global mission to provide cutting edge medicine to people living with HIV.
In support of Rwanda’s Sustainable Development Goals, the Mastercard Center for Inclusive Growth has confirmed its commitment to a grant of up to $1 million over three years to support the growth of small business owners in Rwanda.
The East African Community Partner States have undertaken a number of reforms over the past four years to facilitate implementation of the EAC Common Market Protocol, this is according to the East African Common Market Scorecard.
East Africa's economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW's (the Institute of Chartered Accountants in England and Wales) latest report.
TradeMark East Africa (TMEA) has signed a Memorandum of Understanding with Democratic Republic of Congo (DRC) to facilitate projects that will improve cross border trade and enhance trade links between the country and East Africa Community member states.
Over 500 high-level delegates from Morocco and Rwanda gathered in Rwanda for the African Business Connect 2017 which has seen the signing of key agreements including between the National Federation of Electricity and Renewable energy and private developers within the renewable energy sector in Rwanda.
RwandAir, the national carrier of the Republic of Rwanda has announced that it will commence three weekly flights to London Gatwick International Airport, in the United Kingdom effective 26th May, 2017.
The African Institute for Mathematical Sciences in partnership with the Government of Rwanda, today announce the launch of AIMS in Rwanda.
The much anticipated railway line in Rwanda will delay until 2030 – East African Legislative assembly members meeting in Kigali have said.
RwandAir, the national carrier of the Republic of Rwanda, has recently launched direct flights from Accra to Lagos as part of the Airline’s route expansion project in 2017.
The Internet Society has announced that it will hold the first ever Africa Regional Internet and Development Dialogue from 8-9 May 2017 in Kigali, Rwanda, in partnership with UNESCO and Republic of Rwanda.
With 120,000 units sold, almost all within the first six months of its October 2016 global launch, d.light's D30 Pay-Go solar home system is proving to be the fastest pay-as-you-go off-grid solar product to reach scale.
A $350 million deal to finance an 80 megawatt (MW) peat to power project in Rwanda, which will improve access to electricity for the three quarters of the country's population that is currently off the grid, has reached financial close.
Ministers from nine African nations (Morocco, Angola, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Gabon, the Republic of the Congo and Rwanda) have today gathered in Oyo at the invitation of the President of the Republic of the Congo to sign a Memorandum of Understanding on the creation of the Congo Basin Blue Fund.
Nestlé has announced the appointment of Kenyan, Ciru Miring’u as head of the company’s operations in Kenya, Uganda, Tanzania, Rwanda, Burundi and South Sudan. Ciru becomes the first local manager to head the East African cluster of the Swiss based world's leading Nutrition, Health and Wellness Company.
The East Africa Business Council, the region’s umbrella body for the business community, has endorsed the premier summit in Africa targeting CEOs, Managing Directors and heads of public institutions in East Africa.
Social impact agribusiness investor AgDevCo has announced a $0.45m debt investment into a Rwandan mushroom grower. The company, Kigali Farms, is completing a modern button mushroom production facility in Musanze District in the shadow of the Volcanoes National Park.
Close to 60 agribusiness projects being run by young people across Rwanda have been listed to receive approximately $12,000 each in funding after the signing of an agreement between Business Development Fund (BDF) and Private Sector Federation (PSF).
Rwanda’s economy is expected to remain stable and resilient in 2017 despite the downside risks registered in 2016.
M-learning is education that uses primarily mobile or electronic devices. M-learning is similar to home-schooling in the sense that you can learn anywhere.
Microsoft East Africa and pan-African data, voice and IP provider Liquid Telecom have announced a new partnership to develop the access and use of cloud services across the continent.
MTN mobile money subscribers have a new avenue to save and borrow money thanks to a new platform, known as MoKash.
Innovative research released by The MasterCard Foundation is making the case for a new approach to youth employment training strategies in Africa.
In a move meant to easily reach and capture more tourists, Kenya, Uganda and Rwanda have come together to launch the first of its kind East African destination portal.
Drought throughout East Africa has sharply curbed harvests and pushed the prices of cereals and other staple foods to unusually high levels, posing a heavy burden to households and special risks for pastoralists in the region.
Kigali International Airport has been ranked the best airport in East Africa and second best in Africa by Canadian travel and hospitality firm, Sleeping Airports.