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Business & Tech

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France, Rwanda Sign €45.8M Financing Agreement to Support National COVID-19 Response

France, Rwanda Sign €45.8M Financing Agreement to Support National COVID-19 Response

Rwanda and France have signed a credit facility agreement and a grant, to the tune of €45.8 million (approximately 45.8 billion) aimed at supporting the Government’s response…

Bank of Kigali Launches “Financial Literacy Clinic” to Financially Educate the Youth and other Rwandans

Bank of Kigali Launches “Financial Literacy Clinic” to Financially Educate the Youth and other Rwandans

Bank of Kigali (BK) has launched a new financial literacy program aimed at educating Rwandan youths on how to make money. The televised educative and entertaining program dubbed “BK Times…

Rwanda’s Tourism Picking Up Following Reopening

Rwanda’s Tourism Picking Up Following Reopening

Rwanda Development Board (RDB), the government body charged with promoting tourism and investment, says the country’s tourism and hospitality industry is picking up following reopening more than a week…

2000 Containers of Rwandan Traders Held at Mombasa, Dar-es-Salam Ports over Fines

2000 Containers of Rwandan Traders Held at Mombasa, Dar-es-Salam Ports over Fines

Rwanda private sector federation has decried reasons behind Kenya and Tanzania’s intention to slap a heavy fine on Rwanda-bound containers which are currently lying at the Mombasa and…

Min Gatete Explains How Mininfra is Fixing Water, Road Loopholes

Min Gatete Explains How Mininfra is Fixing Water, Road Loopholes

The minister of infrastructure on Tuesday appeared before parliament to explain verbally why several road and water projects  in Kigali and across the country are either substadard or incomplete despite…

Rwanda Focuses 2020/21 National Budget On Addressing COVID-19 Impact

Rwanda Focuses 2020/21 National Budget On Addressing COVID-19 Impact

Rwanda will direct a bigger portion of the resources in the 2020/21 National Budget towards activities that will resuscitate the economy from the New Coronavirus pandemic impact.  While presenting…

Rwanda’s Minister of Finance Presents the Rwf 3,245.7bn Budget at Parliament

Rwanda’s Minister of Finance Presents the Rwf 3,245.7bn Budget at Parliament

Economic transformation will take the lion’s share in the Rwf 3,245.7 bn of 2020-2021 fiscal year’s budget that was presented to the parliament…

Climate Change As Bad As Covid-19 – Nyamagabe Farmers 

Climate Change As Bad As Covid-19 – Nyamagabe Farmers 

Donatille Mukakomeza is one of the farmers in Nyamagabe district and also chairperson of Agro-Dealers Cooperative of Nyamagabe (KOPABINYA). Though farming activities were not halted by COVID-19 lockdown…

Rwanda: New Statistics Show Slow Growth in Q1 2020

Rwanda: New Statistics Show Slow Growth in Q1 2020

The National institute of Statistics (NISR) has released preliminary figures which show that the economic growth slowed down while the agriculture sector was hardest hit in the first quarter of…

Rwanda: Appetite for Government Bonds Increases Amidst Covid-19 Recovery 

Rwanda: Appetite for Government Bonds Increases Amidst Covid-19 Recovery 

Rwanda has through its Central Bank successfully reopened a 15-Year treasury bond which has witnessed a subscription level of 125.9% but with a shift in appetite for bonds…

City of Kigali Awards 3 Life Changing Youth Businesses 

City of Kigali Awards 3 Life Changing Youth Businesses 

The City of Kigali in partnership with 1000 Alternatives Rwanda, a youth impact investment firm have awarded Rwf4.5m to top three startup inventions that will create social impact in…

Rwanda Reinstates Charges On Cashless Transactions

Rwanda Reinstates Charges On Cashless Transactions

The National Bank of Rwanda (BNR) has reinstated charges on all cashless transactions after the three months period with zero charges introduced in March this year, as part of the…