January 04
Africa: Top 10 Richest People in Africa At the Start of 2024
Business Insider Africa, a Pan-African innovative business news provider, has presented - courtesy of the Forbes real-time billionaires list - the top 10 richest people in Africa… Read more »
Rwanda: Labour Union Says Cancelling Mining Firms' Licences for Breaching Safety, Labour Standards a Good Move
Seven mining companies have seen their licences revoked by Rwanda Mining, Petroleum and Gas Board (RMB) over "serious deficiencies," including failure to meet environmental and… Read more »
January 03
Rwanda: Equity Bank Rwanda Boss Outlines Priorities After Cogebanque Acquisition
Equity Bank Rwanda, on January 3, started revamped operations across the country, following the completion of a merger with Cogebanque Plc, with the acquisition of 99.8 percent… Read more »
Rwanda: Seven Mining Companies Lose Concessions Over 'Serious' Failures
Rwanda Mining, Petroleum and Gas Board (RMB) has revoked licences of seven mining companies over "serious deficiencies," including failure to meet environmental and labour… Read more »
January 04
Africa: A Quick Look At Africa 2024 Through GDPs
With the arrival of 2024, various financial institutions have disclosed their projections for the African continent in the new fiscal year. In line with the predictions of experts,… Read more »
January 03
Rwanda: Expropriation for Four Multi-Billion National Road Projects Gets Greenlight
A new Ministerial Order signed by the Minister of Environment, Jeanne D'arc Mujawamariya, and the Minister of Justice and Attorney General, Emmanuel Ugirashebuja, approved the… Read more »
January 02
Uganda: Uganda Lodges Lawsuit Against Kenya Over Oil Importation
Uganda has taken legal action against Kenya in the East African Court of Justice (EACJ) after Nairobi denied a local license to Uganda's government-owned oil marketer, the Uganda… Read more »
Rwanda: A Closer Look at 2023's Tax Changes - Five Laws Tailored to Citizens' Needs
Rwanda, in 2023, adopted changes to its tax legislation to ease the burden on taxpayers, improve compliance, and widen the tax base, according to information from the Rwanda… Read more »
December 31, 2023
Rwanda: Construction of Rwanda's Tallest Building to Begin in January 2024
Kigali's skyline could, within three years, undergo a remarkable transformation with the construction of the 29-storey Kigali Green Complex (KGC) -- set to become the tallest… Read more »
December 30, 2023
Rwanda: Central Bank Warns Against Pricing Goods, Services in Foreign Currency
Pricing goods and services in foreign currencies is prohibited and punishable by the law, and any culprit will be held accountable, the National Bank of Rwanda (NBR) - the… Read more »
December 29, 2023
Rwanda: New Fees to Be Levied on Building Permits
A new presidential order - published on December 4, 2023 - determining fees levied on services and certificates delivered by decentralized entities shows that fees levied on… Read more »
December 28, 2023
Rwanda: Bank of Kigali, BDF Ink Deal to Bolster SMEs Growth
Bank of Kigali (BK) and Business Development Fund (BDF), a government-backed initiative that provides financial support to small businesses, on Wednesday, December 27, signed a… Read more »
Rwanda: No Construction Permits for Residential Plots Under 300 Sqm - Official
No construction permit can be issued for a residential house if it sits on a plot of land less than 300 square metres in size, an official from the Ministry of Finance and Economic… Read more »
December 27, 2023
Rwanda: New Year - Plan to Address Bus Shortage Unveiled
A large number of travellers heading upcountry to celebrate the New Year with their families may no longer be stuck at the Nyabugogo bus terminal on December 30 and December 31.… Read more »
December 21, 2023
Rwanda: Govt Short of 400,000 Jobs Six Months to End of NST1
The government is currently facing a shortfall of nearly 400,000 jobs to meet the targets outlined in the National Strategy for Transformation (NST1), a seven-year plan aiming to… Read more »
December 20, 2023
Rwanda: UK - How Rwandan Businesses Are Boosting Visibility, Collaborations
In September, Rwandan-owned businesses in the United Kingdom (UK) came together under a new initiative dubbed 'Rwanda Business UK', aimed at improving their collaboration,… Read more »
Rwanda: Rwanda to Unveil Multi-Billion Fertiliser Blending Plant in Bugesera
Rwanda will on Wednesday December 20 launch a factory with an annual capacity to blend 100,000 tonnes of fertilisers, according to information from the Ministry of Agriculture and… Read more »
Rwanda: How Rwanda's New Fertiliser Plant Could Boost Agriculture
A Bugesera based fertiliser blending factory that Rwanda launched on Wednesday, December 20, envisages increasing crop yields by 40 per cent, according to its owners and the… Read more »
Rwanda: How FAO Rwanda Supports Increased Production, Decent Jobs for Youth in Agribusiness
Youth in agribusiness are witnessing a surge in production and the creation of decent jobs, thanks to the support of the Food and Agriculture Organization of the United Nations… Read more »
December 19, 2023
Rwanda: Rwanda Mountain Tea Ltd Honours Tea Farmers Across 8 Factories
In a show of gratitude, Rwanda Mountain Tea Ltd (RMT) recently observed Farmers' Day across its eight factories, acknowledging the indispensable role of tea farmers in the nation's… Read more »
December 20, 2023
Africa: BioNTech Facility in Kigali is a Gamechanger for Africa
During the Covid-19 pandemic, when everyone was hard-hit; the wealthy countries had an end in sight because they quickly and successfully produced vaccines. Read more »
December 19, 2023
Rwanda: Rwanda, EU Ink Health, Minerals Deals
Rwanda and the European Union on Monday, December 18, signed two agreements including a €40 million funding package, to invest in the former's pharmaceutical and biotechnology… Read more »
Rwanda: Rwanda, Germany Set Up Rwf20 Billion Credit Facility to Support SMEs
Rwanda, through Development Bank of Rwanda (BRD) and German's KfW Development Bank signed a grant agreement worth €15.6 million (approx. Rwf20 billion) to establish a credit… Read more »
Rwanda: European Union Has Invested Over €900 Million in Rwanda - Von Der Leyen
The European Union has invested more than €900 million (approx. over Rwf1.2 trillion) in Rwanda, including in areas such as health, critical raw materials, and agro-food… Read more »
December 18, 2023
Rwanda: Nyagatare - Concerns Over Illicit Trading in Fuel
People in Nyagatare District have raised concerns over the illegal selling of fuel within their neighbourhoods of the district instead of petrol stations where safety guidelines… Read more »