Bank of Kigali (BK) has embarked on a $500,000 project that will enable it to issue Automatic Teller Machine (ATM) VISA cards , a service that is expected to minimize queues in the bank's branches.
The World Intellectual Property Organisation (WIPO) has praised the government of Rwanda for its initiative of directly connecting farmers to the retail coffee market.
Kigali Wireless Broadband (WiBro) Network and the Kigali Metropolitan Network (KMN) were officially launched on Wednesday after two years of work on the infrastructure development.
In a move that partly affirms Rwanda's ICT developpment this year's National dialogue (Umushiyikirano) was streamed live online allowing Rwandans in the Diaspora and other foreigners interested in developments in Rwanda to follow its proceedings.
In October 2009 Rwanda's year-on-year inflation dropped by 0.33 percent to 5.59 percent from 5.92 percent the previous month, according to the National Institute of Statistics of Rwanda (NISR).
Leaders in the private sector and business managers have been called upon to influence international trade negotiations and seize opportunities presented by the global trading system.
Exporters of locally made products to the United States of America (USA) have cited East Africa's poor infrastructure as a major challenge to doing business in the region.
Over a year after the World Bank formally withdrew (September 2008) from the social welfare portion of the Chad-Cameroon Petroleum Development Project (CCPDP), acknowledging that the goals were not going to be met,[1] the number and diversity of new analyses make now a good time to revisit the CCPDP and the lessons brought on by this 'pioneering and collaborative effort'.[2]
The Student Financing Agency for Rwanda (SFAR) has so far collected Rwf 1.6 billion since the exercise of loan recovery commenced early last year.
The Commissioner General of Police, Emmanuel Gasana yesterday launched an operation geared at phasing out illegal money lenders commonly referred to as 'Bank Lambert'.
With a view of reducing further infant mortality rates, two non-government organizations have partnered to upgrade the skills of 22 nurses in handling complicated deliveries in a bid to ensure birth of healthy babies.
The World Bank and the African Development Bank have agreed to finance the rail link between Tanzania, Rwanda and Burundi to enhance trade among East African nations.
The new government plan to overhaul the agricultural sector and increase food and the nutritional security of the country yesterday received a major boost from development partners who pledged to meet the $350m shortfall.
Rwanda's agricultural investment plan that was presented during this weeks' Comprehensive Africa Agricultural Development Project (CAADP) meeting, lays out a roadmap for transforming one of the most important sectors of our economy.
International Finance Corporation's leasing program in Rwanda extending to more Small and Medium Enterprises (SME) , according to officials.
Government officials have said that fuel pump prices on the local market will remain stable despite a drop in international oil prices.
Despite the recent liquidity crunch in the banking sector, the sector has registered a significant growth in the last four years, netting Rwf80 billion in equity this year from Rwf21b in 2005, according to information from the National Bank of Rwanda (NBR).
About 14 percent of Rwandans have access to formal banking, according to Francois Kanimba, the Governor of the National Bank of Rwanda (NBR).
All branches of Banque Populaire du Rwanda (BPR) will be linked on one network in order to promote efficient service delivery, the bank's Chief Executive Officer (CEO) said on Tuesday.
Janamitra Devan, the new Vice President of Financial and Private Sector Development of the World Bank and IFC, has just completed a two-day visit to Rwanda.
The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of the Central African Republic’s economic performance under a program supported by the arrangement under the Poverty Reduction and Growth Facility (PRGF) for an amount equivalent to SDR 69.62 million (about US$112.21 million). Completion of the review enables the disbursement of an amount equivalent ...
Cranes are busy offloading containers at Rwanda's multi-billion franc Convention Complex at Kimihura.
President Paul Kagame yesterday met Janamitra Devan, the Vice President of the International Finance Corporation (IFC) and discussed how the institution can enhance investment and private sector development in the country.
In a move to boost the local credit market, the International Finance Corporation (IFC) and the Central Bank on Tuesday signed an agreement that will enable the former to provide local currency loans to support private sector growth.
The United Nations Conference on Trade and Development (UNCTAD) has stressed that the continent's oil and gas potential is steadily growing, according to a communiqué by the African Union (AU).
