KIGALI — Uganda has launched a new internet system known as an IP Peering Exchange, aimed at improving speed, reducing costs, and keeping more data traffic within the country — …
Latest in Business & Tech
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Economy
How Rwanda is Transforming Human Potential into Economic Power
by Davis Mugumeby Davis MugumeIn a major shift for global development, the World Bank Group has recognized Rwanda as a top performer on the expanded Human Capital Index (HCI+). While the technical report tracks …
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KIGALI — The Development Bank of Rwanda (BRD) has recorded strong investor demand in its third Sustainability-Linked Bond (SLB), which was oversubscribed at 126.2%, highlighting continued confidence in Rwanda’s growing …
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Economy
Personalised Taxis, Public Transport Fares to Remain Unchanged as Petrol Prices Jump Nearly 28%
KIGALI — The government has reassured commuters that public transport fares will remain unchanged, even as fuel prices rise sharply, citing both stable diesel prices and the growing role of …
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KIGALI – At a time when many emerging economies are grappling with soaring borrowing costs and tightening global credit markets, Rwanda has secured a landmark €213 million (approximately Rwf 320 …
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KIGALI, Rwanda — As global finance leaders gather in Washington for the World Bank and IMF Spring Meetings, a new World Bank report is drawing attention to an unlikely example …
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CompaniesNational
BK Group Profit Hits Rwf110 Billion as Bank of Kigali Drives Growth
by Davis Mugumeby Davis MugumeKIGALI — BK Group Plc reported a net profit of Rwf110.1 billion in 2025, up from Rwf91 billion the previous year, marking a 22.9% increase. Group Chief Executive Officer Uzziel …
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Companies
With BK Open API, Rwanda’s Biggest Bank Is Making Life Easier — Even for Rival Banks’ Clients
KIGALI, Rwanda — Even if you bank with someone else, paying salaries, settling bills or receiving payments in Rwanda is becoming faster and smoother — thanks to a new digital …
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KIGALI — Rwandamotor on Thursday evening brought together key players in the automotive, energy and mobility sectors for a networking cocktail focused on new energy vehicles, as Rwanda continues to …
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EconomyNational
Rwanda Moves to Boost Agriculture, Shields Economy from Rising Oil Prices
by Davis Mugumeby Davis MugumeKIGALI — Rwanda is pursuing a dual strategy to strengthen its economy: boosting agricultural productivity while mitigating the impact of rising global oil prices, both key to managing inflation. Agriculture …
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KIGALI, Rwanda — The government has reached agreement with the International Monetary Fund for a $250 million funding program, as Rwanda scrambles to shield its economy from the cascading effects …
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KIGALI -In a bid to pivot from digital consumers to global competitors, East African Community (EAC) member states have launched a regional Artificial Intelligence (AI) technologies fund designed to spark …