The same repo rate has been around for the last three years and the central bank argues that keeping the rate at this level will drive economic growth especially in…
Economy
-
-
Economy
China, Rwanda Sign $214M Financing Agreement for Nyabarongo Power Project
by Dan Ngabonziza 11:34 amThe People’s Republic of China on Friday, February 8, signed a financing agreement worth US$ 214 million to fund construction of Nyabarongo II Hydro Power Project. The framework agreement will…
-
Economy
Food and Drugs Investors, Regulator End Grievances on Registration Fees
by Daniel Sabiiti 7:18 pmRwanda Food and Drug Authority (RFDA) has agreed to reconsider reviewing a circular directing all processed food and beverage products to be registered by the end of march 2020. In…
-
Rwanda’s Central Bank (BNR) will tomorrow release its first monetary policy and Financial Stability Statement for the first quarter of 2020 – following a projected stable economy at the closure…
-
Rwanda and the people’s Republic of China will tomorrow, February 7, sign a financing agreement to construct the Nyabarongo II Hydro-power project. Nyabarongo II project is an addition to Rwanda’s…
-
In 2011, the appetite for Rwanda’s quest to create jobs for its citizens increased. Government looked for new approaches that would drive the current target to create 1.5 million off-farm…
-
Economy
Rwanda, Germany Sign €10 M Financing Agreement for Kigali Green City Project
by Daniel Sabiiti 7:10 pmThe government of Germany has injected €10million grant (Rwf10billion) to kick start the construction of affordable housing units in a sustainable green city project in the city of Kigali. The…
-
Rwanda will this month start distributing its own home made mosquito nets as part of the strategy to cut on imports and eliminate malaria cases to zero by the year…
-
Bank of Kigali of parent company BK Group PLC on Friday honoured the 2,000 smartphone pledge to the Connect Rwanda initiative with a Rw200 million cheque which will go towards…
-
The price of coffee cherries has been reviewed upward; increasing to Rwf 216 per kilogram from the current Rwf 190 per kilogram that was set in October 2019. Similarly, floaters…
-
Rwanda Energy Group (REG) is today celebrating the one million clients’ connection on national grid as part of its efforts to ensure 100% access to electricity by 2024. REG has…
-
Rwanda’s biggest national park – Akagera is attracting more tourists who are interested in the Big Five among other animals and beautiful scenery of the East. The park management’s 2019…