May 16
Rwanda: Central Bank Explains Decision to Hold Interest Rate Steady
New Times
The National Bank of Rwanda (BNR) on Thursday, May 15, announced that it would maintain its key interest rate at 6.5 per cent, citing easing energy markets and contained… Read more »
May 15
Namibia: Former President Pohamba Calls for End to Angolan Child Labour in Namibia
Namibian
Former president Hifikepunye Pohamba has expressed concern over Angolan children missing out on an education as they are employed as cattle herders in Namibia. Read more »
Rwanda: Rwanda to Add Gold to Foreign Reserves Portfolio in Next Fiscal Year
New Times
The National Bank of Rwanda (BNR) will begin adding gold to its foreign reserves portfolio starting in the next fiscal year, in a move that aligns with a growing regional trend… Read more »
Rwanda: Six Major Infrastructure Projects to Be Funded Under Rwf600bn Budget
New Times
The government has allocated Rwf615 billion for infrastructure development in the 2025/2026 fiscal year, according to information from the Ministry of Infrastructure. Read more »
Rwanda: RIB Returns Over 300 Stolen Mobile Phones to Owners, Urges Vigilance
New Times
Rwanda Investigation Bureau (RIB) recovered and returned 322 mobile phones - worth over Rwf77 million - to the owners, on May 15. Read more »
May 14
West Africa: One Nigerian Businessman Found a Market for Rwandan Coffee in West Africa
New Times
Nigerian agribusinessman Rotimi Olawale runs 16 coffee shops in Abuja, Lagos, and in Lusaka, Zambia, all exclusively serving Rwandan coffee. This is in addition to supplying major… Read more »
May 13
Angola: IMF Staff Completes 2025 Post-Financing Assessment Mission to Angola [document]
IMF
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of… Read more »
Rwanda: Inside Zaria Court's $25m Sports Complex
New Times
Developers are putting final touches on Zaria Court, a multi-purpose hospitality complex located at what will eventually become Kigali Sports City, before opening it officially to… Read more »
Africa: Africa's Fight for Self-Reliance Is Urgent Now More Than Ever [editorial]
New Times
The global media has been awash with grievances from African countries following significant aid cuts under the Trump administration, particularly reductions in USAID funding and… Read more »
Africa: Africa CEO Forum - Davido Calls for Investment in Africa's Entertainment Facilities
New Times
Global Afrobeats superstar David 'Davido' Adeleke has urged African governments to invest more in creative spaces as well as provide financial support to artists. Read more »
Rwanda: Govt to Inject Over Rwf8bn Into Bugesera Tannery Park
New Times
The government is set to invest more than Rwf8.47 billion in the development of Bugesera Tannery Park, which is expected to be completed by 2029. With the total project cost… Read more »
Rwanda: African Private Sector Urged to Rise to the Occasion Amid Declining Aid
New Times
Amid the decline in development aid for Africa, entrepreneurs and the private sector have been urged to work with governments to accelerate Africa's economic development. Read more »
Rwanda: How Rwanda Plans to Fund, Spend Rwf7tn Budget for 2025/26
New Times
The government of Rwanda plans to spend a proposed budget of more than Rwf7 trillion in 2025/2026 fiscal year, according to the Ministry of Finance and Economic Planning… Read more »
Africa: Open Skies Will Unlock Africa's Aviation Potential [editorial]
New Times
Africa's aviation sector stands at a pivotal crossroads. While innovation and investment are vital, the true catalyst for transformative growth lies in the liberalisation of our… Read more »
Rwanda: Rwandair Boss Highlights Expansion Plans, Profitability Outlook for 2025
New Times
RwandAir, the national carrier, is shifting its strategic focus toward routes in Eastern and Southern Africa as part of its broader plan to boost flight frequencies across the… Read more »
May 12
Rwanda: Rwanda Seeks Investors to Accelerate EV Charging Infrastructure Development
New Times
Although Rwanda's green mobility incentives have drawn interest from both local and international players in the electric vehicle (EV) ecosystem, the government maintains it is… Read more »
Rwanda: Auditor General Kamuhire On Recovery of Wasted Funds, Preventing Losses
New Times
Auditor General Alexis Kamuhire, on Tuesday, May 6, presented to Parliament his report on public finance management and use for the fiscal year ended June 30, 2024. Read more »
Rwanda: Rwanda Allocates $4.2m for Households Affected By Rusumo Dam Construction
New Times
Rwanda is constructing housing units in Kirehe District in the Eastern Province for households affected by blasting during the implementation of the Rusumo hydropower project on… Read more »
Rwanda: City of Kigali Proposes to Spend Rwf251bn in 2025/26
New Times
The City of Kigali is set to spend Rwf251.7 billion allocated by the Ministry of Finance and Economic Planning for the 2025/2026 fiscal year, which begins on July 1, according to… Read more »
Rwanda: Kivu Choice Launches Rwanda's First 30-Metre Tilapia Cage Farms
New Times
Kivu Choice, Rwanda's leading aquaculture company, has launched the country's first-ever 30-metre diameter fish farming cages on Lake Kivu in Nyamasheke District. Read more »
Rwanda: Equity Group, African Guarantee Fund Scale Up Transformative Partnership
New Times
Equity Group Holdings Plc and the African Guarantee Fund (AGF) have strengthened their commitment to supporting Micro, Small, and Medium Enterprises (MSMEs) by renewing and… Read more »
Rwanda: Kwibuka 31 - Satguru Travels Honours Genocide Victims At Kigali Memorial
New Times
Satguru Travels, which has operated in Rwanda since 1989, joined the country's commemoration of the 1994 Genocide against the Tutsi with a visit to the Kigali Genocide Memorial on… Read more »
Rwanda: Our Hospitality Sector Must Match Growth With Service Excellence
New Times
Rwanda's hospitality sector continues to be a cornerstone of our economic growth, as evidenced by the recent 6.6% rise in the Consumer Price Index (CPI) in April 2025, largely… Read more »
Rwanda: BPR Bank to Pay Rwf4 Billion in Dividends After Strong Annual Profit
New Times
BPR Bank Rwanda has announced a net profit of Rwf29 billion for the financial year 2024, and 13.7% of that profit, equivalent to Rwf4 billion, will be distributed to shareholders… Read more »
May 11
Rwanda: Seven Money Moves Every Rwandan Should Make for a Better Life
New Times
We all want to live well, provide for our families, and avoid the stress that comes from money problems. Read more »
